White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-08-31
District Gets
$26,500 Loan
From State
LANDOWNERS AND DIRECTORS
WILL MEET TO DISCUSS
CONTRACTS

loan amounting to $26,500 to the
Priest Rapids Irrigation District by the
state has been approved by =. r.
Banker, Director of Conservation and
Development. This loan will be used for
the purpose of improving, repairing,
replacing and reconstructing the power
canal turbines and transmission lines
of the districts system.
The contract has been submitted to
the district by the state and forwarded
by the district to it's attorney, Fred
Cunningham of Spokane, for approval
as to form. The contract provides that
the loan shall be paid off over period
of thirteen years, $4,000 for twelve years
on January LIST, beginning January LIST,
1885, and $4,000 on the thirteenth year.
Interest is at the rate Of two per cent
per annum, payable semi-annually. The
loan is to be secured by the unsold
bonds of the district, OF which there
are $26,5OO.
To repay this loan, the district Is
required to assess specially to cover the
payments, and if any deficit should
occur it is to be made up from power
revenues.
| The immediate work which the d.
rectors contemplate is the replacing or
repairing of No. 2 turbine at the Priest
Rapids plant. This turbine was dam
aged during high water this spring, and
/ ! ;,I of
been thought that the turbine would
have to be removed, and new one
installed but, since the river has gone
down, the directors believe that the
present turbine can be repaired by hav-
ing two new runners cast and by re-
newing all worn or damaged parts. II
this is feasible, it can be accomplished
at considerably lower cost than the
installation of a new turbine. Bios WILL
, be called, however, for both the repair
ing of the old turbine and the furnish
, ing of new equipment.
, Mr.. Banker has applied to the fed
, eral government for an advance OF
about four million dollars to be admin
8 istered through his department and TO
be used with the fund now in the state
reclamation revolving fund OF about
4 81 .25OOOO for the further relief OF irri-
CATION and drainage districts OF the
:. state. If this application is granted, IL
v is expected that all legitimate appllca-
e lions by districts of the state for re-
u lief will be granted.
The original application of this dis
;, trict included, besides the sum JusC
- granted. an amount sufficient to deepen
the power canal and refund the bonds
l. now outstanding. This, the directors
Re saw. would give lower interest rate 10
n to the district, besides enabling the
l. mower plant to operate during the VIM
IL ter months.
al Anticipating the possibility that the
N federal government may want 10 make
st all loans direct instead OF through the
D. state department Of Conservation ano
ne Development, the Priest Rapids Irri-
l. cation district Is making an appllca-
n ton to the Emergency RELIEF works
al BOARD for funds with which to deeper
the canal. Under this relief plan 1t VII
III be necessary to do the work by con
a1 tract, the federal government donat
ed ing twenty-five per cent OF the cost
70 the work. This project is said to tit II
at perfectly with the public works plan
~ the Emergency Relief Act. TO secur
~ this fund it will be necessary Tor IN
49,, district to vote additional bonds
~, but the greatly added revenue to be de
act rived from power would make this
nroftable investment, the director
state.
Should the district be unable to sc
cure money for deepening the cans
through either of these applications,
may be possible to reduce the expend
W lures for repairs or new installations
some extent and to reserve part
ing the money now granted to match VIII
riot state and federal work relief funo
md and thus do part of this work. In
lffs will give considerable more power GU
Der put than at present, but will not 81
bhls the full capacity OF the plant.
The board of directors of the distr1
rom will meet Tuesday evening, Septemh
ana S, to discuss the work to be done, 81
me. the subject of bids and contracts. a
see landowner of the district interested
wish welcome at this meeting, as well as
that other meetings of the board. The me'
Up ing will be held at 800 pm. at
ifs First Bank of White Bluffs building
day ----
hree From the Yakima Herald OF aug
hich 20 comes word OIL the browning
each Nicholas M Bieren of GrandvieW
h,s ;,.,.ination ditch on Thursday Is