Show LOS ANGELES WATER PLANT Proposition by New York Firm to Buy It Los Angeles Cal Jan 15 Kesslcr S Co of New York today submitted sub-mitted lo time Comcll a proposition lo take over all water rights now vested in time city for a term of fifty years They are lo expend 200000 In im provprnenls al once They propose to pay per cent of the grows receipts for rentals the first live years 1 percent per-cent Iho next live years and C percent per-cent for the remaining forty years Water will be furnished free for city building and school purposes The present rates to consumers are not to be exceeded At the end of the fifty years the city IB to pay Kessler Co 250000 for the plant and also to pay for Improvements |