Show CITY BONDING PROPOSITION FINANCE COMMITTEE MAY CONSIDER CON-SIDER IT TOMORROW NIGHT Amount Needed will bo Between 8500000 and 8700000 May Submit Sub-mit i to the People April 2nd A meeting of the Finance commlttee of the City Council to consider the proposition pro-position for the city to Issue bonds to I raise the money necessary for the proposed pro-posed Improvements to the water system I sys-tem will probably be held tomorrow I evening The dlfllculty In the way of bonding is that the city Is already bonded to the full amount of its legal indebtedness and no more bonds can be Issued without submitting the proposition pro-position to a vole of the people and getting a favorable reply from them The amount needed has not yet been definitely ascertained but It will be somewhere between 500000 and 5700000 I J Is estimated that the Improvements suggested by City Engineer Kelsey and adopted by the Waterworks committee uill cost about 107000 The City Engineer En-gineer has been asked to give an estimate mate of the cost of the proposed increase In-crease In the supply from Utah lake This estimate has not yet been received but it Is known that it cannot be under S2oO0K and probably another S 200000 for additions to the distributing system running the amount up to over 000000 This expenditure would probably ex tend over u period of eighteen months I or two years and It Is proposed to issue 1 the bonds at Intervals to meet the liabilities la bilities as they become due Tho water supply of the oily Is so precarious especially in view of the absence ab-sence of snow this winter that it Is obsolutely Imperative that something be done right quickly if a water famine is to be averted the coming summer I Is I suggested that the bonding question ques-tion be submitted to the people at tho special Congressional election on April 2nd I could be done then very cheaply and probably In time to allow some of the benefits of the Improvements to be enjoyed the coming summer |