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Show fllkHyor reports dfty power pfauft There are many hidden benefits derived from Springville's municipal power system, according to Mayor Paul M. Haymond. The net annual worth to the citizens for electrical service ser-vice contributed to other city departments or functions, or for use directly by the public, amounts to over $68,000 as revealed re-vealed in a report to the Mayor by Grant Whitehead, electrical engineer heading the department. depart-ment. When one considers that the total city revenue derived from the property tax is only about $120,000, it emphasizes the real value of the contribution made by the city owned electrical system, it is pointed out. To replace this hidden, but nevertheless never-theless real value it would require re-quire more than a 50 increase in-crease in the local mill levy, the Mayor said. In order to evaluate the worth of the electrical elec-trical supply facilities to the community, the value of the power used and services rendered ren-dered to the city outside of the electrical department was computed com-puted as shown herewith: Value of power for public safety: police and fire departments, depart-ments, 586.95; three semaphores, sema-phores, 552,12; total 1139.07. Value of power for sewage department: sewage lift station, 488.40; sewage treatment plant, 2653.95; total $3142.35. Value of power for recreation: recrea-tion: city park, 3.35; Kelley's Grove, 229.12; Kolob Park, 52.50; Memorial tennis courts, 136.06; Memorial ball park, 1047.43; North Park, 1155.00; rodeo arena, 44.30; total $2667.76. Value of power for water department: de-partment: Burt Springs, 2655.-71; 2655.-71; Tenth South well, 1512.95; Fourth South well, 363.48; Shop, 49.65; Tank control, 13.20; total $4584.99. Value of power for other city functions: street lighting, 22,687.80; City hall, 432.61; information in-formation booth, 1.10; Library, 770.90; Memorial hall, 85.57; total $23,977.98. Total value of power furnished, furnish-ed, 35,618.98; maintenance labor, la-bor, 1,000.00; one-half water and electric bonds and interest, 22,500.00; Fund transfers to general fund, 20,000.00; 40 street light poles, 4,000.00; total to-tal credit 83,118.91; "Taxes paid by U.P.&L. Co. on American Ameri-can Fork property, 14,699.00.; net annual worth of service, $68,419.91. This service is a real figure representing the revenue re-venue received by American Fork City from the private power company operating there. Its plant is larger in size than Springville's and therefore the figure represents a larger revenue re-venue or benefit than our city would receive if the electrical department were privately owned instead of municipally owned. |