Salt Lake Telegram | 1934-06-20 | Page 18 | Ogden Water Bonds Okehed

OGDEN WATER BONDS Board Approves Ordinaries Providing for Improvements Special to The TeJe Telegram rm OGDEN June 20 The 20 The Ogden city commission this thi morning approved an ordinance providing Icu for Q in Improvements for the Ogden city water wa vater va- va ter system The ordinance is for lor the issuance o of in i revenue bonds bond to be repaid over a period of ot 30 years This Thi sum is Ls isto to be borrowed from the federal pub pub- lie works work administration together with Ic a grant of ot The bonds bond Will wi form security for the loan The ordinance if i no protests protest arc are received within 21 days will wi be considered con con- as a passed and the way cleared for lor or the big improvement program However it is i expected some fome protests pro tests will wi be made and a supreme court test tet on legality of the measure is i fore foreseen seen I It I was wa pointed out at the meeting that based on past pat receipts receipt of the de department department de- de de additional revenue from the improvements improvement will wi be more than sufficient sufficient suf to make annual payments of and interest until 1964 The revenue bonds bond provide for payment of 33 3 38 2 per cent of the net revenue of the water department to the te govern govern- gover me mC t in retiring the debt debt The program already has ha the approval approval ap ape of Secretary Harold L. L L Ickes Icke federal P W A administrator and needs only the ordinance approved Wednesday to complete preliminary steps Included in the contemplated im im- im provement work is construction of gf a anew anew anew new pipe line lne from Black Back Point in Ogden canyon to the ct city construction construe construe- tion and lining of a new reservoir replacement of some distribution lines lne installation of meters which will vill wi virtually complete the placing of the city on a meter system and construction con of enlargements enlargement and exten ions sion where necessary The Te details detail with the exception of some minor Changes made lome necessary through the proposed Pineview reclamation reclamation mation maton project is i all al outlined according according accord accord- ing to City Engineer Claude Coray He predicted actual work would be under way b by early falL fall