Show CITY FINANCIERS RS RETRENCH A on BIT Council Committee Abandons Plan for Sweeping Increase in Water Rates The efforts of oC Thomas Hobday the new superintendent of waterworks to enthuse hp the council waterworks comm over Jer hIs ils proposed new n schedule of rates rae s cm m to n h lay have vr been cf of no u ava l Mr SIr Hobday proposed that the meter rate ate rate be Increased from a minimum of or 3 cents trier mer er 1000 gallons and a minimum of 10 0 cents to a flat rate of 10 cents to all consumers and that the present flat rates rate for or those who do not use meters bo be slight slightly 1 ly y Increased The Increases proposed would net the department 10 00 enough nough to o take care of the water bond Interest each ach year ear and provide for a sinking fundo fund Cund to o ultimately redeem the tho bonds Willie While the thc commute committee has acknowledged the he Justice of the Hobday schedule never ne nevertheless r it has been deemed best by the American members to do nothing until next year The reason for the desire to postpone consideration Is threefold In the first place the city Is la about to ask the people to o vote bonds and if an increase In water rates is made at this time tint it might cause the change of enough votes to de defeat defeat feat eat the bond issue Besides this the American administration is going oln to raise the tax ta rate from Crom 13 to 14 11 23 mills if IC f the bond hond issue carries canIes or not and it figures that the increase of water rates would not look well at this time If there is any an increase it will viii be bo in the meter neter rates and this has been acknowledged acknowledged edged eded by b President Davis of the council This Increase will however howYer be slight sll ht and may ma only result in raising the thc mini minimum minimum minimum mum rate from Ilk cents to 6 cents or perhaps making a flat fIat rate of S 8 cents The Thel l a of making u a flat fiat 10 cent meter rate has bas las been abandoned Superintendent Hobday will send out his sis twelve water rate assessors ass SOrs today to and UH they will convass the city It I 1 f tiis Jis intention in Intention to make a new assessment all aU allaround allaround around based on the old rates of course but it IL i thought that a considerable increase In Increase Increase crease in Ir the th revenue can be obtained b by more equitably distributing the burden |