Show R All Vote Vole to Accept I 1 a 3 3 David Soffe Says Say Air tIr David Soffe chairman of or the ther Water r ter Users committee informs us that at last ni nights meeting of or water in Bonneville Irrigation district a vote carried unanimously to accept the banks bank's offer of 33 and 1 13 3 cents on the dollar in full IulI settlement of the J lc bt the district owes the bank The plan contemplates the form form- forming forming ing of or a holdin holding company in which the water users of the district would be given stock for the amount of money the they paid to redeem the bonds The above settlement would make the she water cost something like 50 In an foot foot acre which amount the farmers mould be able to pay A company like the one ote above pro pro- proposed proposed pro proposed posed would would have many advantages es ver an irrigation district like the theone theone theone- theone one we have here as water when not needed could be used on other lands and md the stock in the company could be sold sold transferred the same as in fn a 1 canal company compan In an irrigation district ct the water becomes part of The he land and you cannot dispose oft of I it in an any way even if you do not nott t need ed the water and besides you donot do donot not ot only get nothing nothing- but you have to buy power for the other people in the district and the power ch charge 1 r e has hass been one of or the serious thin things s in the operation of the project Ever Everyone one who is in the district weather he wants the water or not should take this opportunity to ex- ex extricate cx himself from this most ter ter- ter able ible ble entanglement lement With i With the price of electricity rc uc- uc d d and natural has gas as coming coming we ought o be able to get ct much cheaper pow pow- power Ji I er for far pumping Dumping purposes This should Xo 60 a l long wa way vay toward makin making the project successful in the future If there is any chance of or a settle settle- settlement ment we should all work ni night ht and day da until the settlement is t I |