Show CITY OFFICIALS I l INQUIRIES ON V WATERWORKS TER A City Councilmen and C. C H. H elch from Salt Lake City Wednesday evening evening evening even even- ing where they made inquiries concerning the feasibility of a a. P. P W. W v. v A. A waterworks project t fo for DH chesne c Favorable reception w was wa given glyen n the at th the P fl W W. A. A offices offices of of- flees in Salt Lake City and support support support sup sup- port was also promised d from the tha department of public h health alth Chief obstacle to the project ct at t. atthe atthe the present t time me is the h condition of Duch bonded debt In waterworks bonds issued when the system was first installed 20 years ago and which fell due duei i Ji I year ago ago are still unpaid Arrangements Arrangements Arrangements Arrange Arrange- ments for tor the pa payment ent of th these bonds as well as any ay oth other r defaulted default default- ed bonds or Interest have to tobe tobe tobe be made b foro any finy ony consid consideration can be given riven a project by the p P. P W. W A. A th the men were to told Consult With I Consultation with the L Lauren uren W. W Gibbs Company brokers of Salt Continued on Page 8 I CITY OFFICIALS MAKE INQUIRIES ON VA WATERWORKS TER Continued From Page 1 Lake City disclosed that Duchesne City's bonds can be refunded through them to cl clan elEan up all past due indebtedness This can can be done to much better advantage however however how how- ever ever if it is possible to refund the county bonds at the same saute time An effort is being made to arrange a meeting between the county commissioners the city council and land a representative of the bondIng bondIng bonding bond- bond Ing company for some time during the week end Maintenance Cost Large If a combined refunding program program program pro pro- gram for the county and city is not work worked d out it is possible that the city will go ahead anyway In order to get its finances eded out and make way for the he wat waterworks project Chief object t of the prop proponed cd project is iB the replacing of the present wood wood stave stave pipe which ch is costing the city a large lance each month with new iron ironpipe pipe Of the total cost of the project 45 per cent would be covered by byan byan byan an outright grant from the federal federal federal fed fed- eral government the balance to tobe tobe tobe be repaid either by additional bond issues 3 or an a asi as of water rentals It is that the saving in maintenance costs would offset the cost of the new system |