The Waterbury Democrat., 1941-02-15

 POLICY IS SOUGHT
(Continued from Page D
board was to meet at noon.
 Pans Changed.

board was to meet at noon.
 Pans Changed.
 Much of the associations criti- cism of the bond plan is not now applicable, since Mayor Vincent A. Scully several days ago announced that the controllers original pro- posal had been drastically altered. The sample" plan called for issu- ance of $3 ,05O, 900 in bonds to finance number of capital improvements over 12-year period, 8 certain sum being allocated for each year. The altered plan calls for issuance of $2, 100 O00 in bonds during the next two years, the money to be spent on only two projects; construction of second pipe line and contribu- ton toward erection of a state trade school.
 MT. Botch proposes that the city establish constantly-e evolving im- provement program of even longer range than the 12-year period sug- gested by the controller. This plan should operate in conjunction with financing policy keyed to pay as-you-go basis supplemented by legislative authorizations" every two years or when needed.
 Hart's Letter.
 Following is the text of President Hart's letter to members of the Wa terbury Taxpayers association: Dear Fellow Member:
 Enclosed is a summary of 8 re- port prepared by our Managing Director on the proposed Bond Issues by our city.
 Very briefly summarized, the situation is as follows:
 The comptroller proposes that authority be secured from the General Assembly for $3,050, ,O00.00 bonds to be issued over a 12-year period, in amounts varying from $400O00.0O in 1s41 and 1942 to $10OOO0.0O in 1852, with maturitieS from 1853 to 1868; the proceeds to be used for capital improvements or for refunding present bonds. Certain desirable capital improve ments are mentioned in the plan.
 This plan would authorize bond issues to be spent substantially in the sole discretion of whoever may constitute our city administra- tions in the next 12 years. Its effect is that, if the proposed sec ond pipe line and third dam (es- ti1lated cost about two million dollars) were to receive first pri- ority in the capital improvement program, they would be built piecemeal and not be in operation for six years or more. Both of these proposals the association strongly opposes.
 The belief of the Waterbury Taxpayers Association is that the proper authorities should prepare definite program of capital im- provementS, with as much infor- nation as possible as to when they will actually be needed. If they can be deferred, they should be paid for as far as possible out of current income. If any in excess of available income are immedi- ately necessary for reasons of de- fense or otherwise, bonds should be issued at once for their entire cost, and they should be con- structed as single unit. No piecemeal building or obligations on behalf of unknown future ad- ministrations should be endorsed.
 The association, at present at least, has not sufficient informa- tion to approve or disapproye any specific building project. It is be- lieved that this is the duty of the proper officials of our city.
 The above is necessarily a very shcrt summary. All members and other interested citizens and tax payers are strongly urged to read the full report.
 Sincerely yours,
 WATERBURY TAXPAYERS
 ASSOCIATION, INC.
 Lewis T. Hart. President.