Henderson daily dispatch., 1939-03-16

basis of like service for those out of
the city as those now in it. On the
basis of sewer lines now being laid
this would cost $4,000. Manholes
would add an additional $500, on
the basis of the cost of those now be-
ing built And force main to car
ry the sewerage from the pumping
station to the line from where it
would be carried to the treatment
plant by gravity will cost So per foot
laid. It would be about 9,404 feet and
a cost of $18,808 Or a total cost of
1888. But again this is a PROJECT
on which WPA labor can be used
and with the WPA furnishing all Of
the labor and a part of the materials
the cost Of the. sewers to the City of
Henderson could be lowered to $685..
900 or $4,000.
And it would perhaps be we'll to
mention that the curb, gutter and
sidewalk could also be laid through
a WPA project and if this were done
it would materially lower the costs
of the same to the city.
The fixed yearly expenses OF
streets, garbage and police would be
1854, with no debt service item
provided to cover cost of improve
ments made if bonds should be sold
to cover the same.
The total cost to the city of all
improvements required would be
$226,O29, if no WPA projects were
used. If WPA projects are used, at
least 100000 can be cut from this
cost.
Against this expense the City of
Henderson would gain 513 homes
and 40 business buildings, and real
estate which would run between ST.
100000 and 100000 and personal
property which would run between
$25OOOO and 100000.
Or an income to range between a
low of $4,000 and high of $4,000,
But to be safe, 1T would be we'll to
figure an income of $4,000, which
certainly would be conservative.
After deducting the 1884 which
would be added each year to the OPP
Grating cost of the city you will find
left the sum of $21 ,456, to provide
the improvements needed in this area
And then the question arises is this
sufficient.
There are three alternatives by
which the Improvements might be
made, they are:
CD Upon a pay-as-you-go plan,
and if this procedure were followed,
it would be only ten years until all
of the improvements were made and
paid for out of the revenue to be de-
rived from the people getting these
improvements.
(2) Bonds could be issued now for
the city's part of these improvements
and if this were done the improve
ments could be made at this time
and the interest and principal paid
off in Is or Is years.
(3) Bonds might be issued for the
city's share Of the money required
to do the work by means Of the
WPA. In this event it seems that the
city could retire its bonds and in
terest within ten years, as the WPA
would furnish about 70 per cent of
the total cost Of the same. However,
| 1t should be added that there is some
doubt as to the feasibility of tackling
a program of this size by the WPA
with no more skilled labor than they
have. And if the WPA is to be used,
it is suggested that they be used ac-
scording to the. merit of each indivi-
dual project and not upon the whole
plan.
n It has been argued that if the city
limits are extended, the insurance
rates would go up unless another
fire station was built. But this is not
based upon facts. Mr.. Lannon Hill,
manager of the North Carolina In
spection Rating Bureau, maintained
by the insurance companies for the
purpose of making rates over the en-
tire State, said in a telephone con-
versation on Monday, March Is, 1889
that unless property was over three
miles from fire station no new sta
ton would be required, and none in
this area is over two miles, or there
abouts. And he stated further that no
additional men or equipment would
be required in event the proposed
extension was passed.