OCR Text |
Show Costs Money to Pump Water Clali Lake Distributing- Coiupan) Semis Its First Annual StuleuiHif To lis Stockholders. The first annual statement or the Ftah Lake Distributing company uns sent out to the stockholders Oil week. There Is C40U shares or district dis-trict stock Issued, among whhh tho expense Is divided. The actual urn un ussessed against the Btock hold) rs 13 a llttlu In excess or $2.00 per rcrt foot, which allowing three fret in tin average required, would bring the cost up to $0.00 por acre. Where grain Is planted lu tho full, b-.H about ouu-thlid of this amount Is refund The report also states that ui the canal Is new, the seepage, Is umw.ml-!' umw.ml-!' large, that many permitted water to run to waste, There wcro l.is:es due to Imperfect distribution, s i!,c lauds become more cultivated they will require less wuter. The repon also states that but one-fourth of the laud under the system is uov being Irrigated. When more wnte- Is Using Us-ing used, the coat of distribution "ill be less and the power cos: vlll bo less, so the officials promise n gradual grad-ual reduction lu costs In future vurs, The experience this year shows that It costs $1.15 per aero foot to lift water nt the pumping plant for electric elec-tric charges. Counting three acre feet, the nmount required would rcnke the power chargo $3.45 per acre, CO cents for general malutalncuce ami 110 cents for distribution of waU-r, or a total or $4,25. Hut there is n lot or seepage and evaporation to account ror which adds $2.08 to this, making the total reach $C33 per acre ror thr man who uses, taking one second fo.'t per one hundred acres, the average amount concceded to be necessary. In order to make the assessments for power charges uniform, an assessment as-sessment of $2.00 per aero foot, for three acre foot of water pumped, was also levied, which Is In excess of the nmount of water used and the price charged any ono. In order to treat nil Btock holders fairly, caft stock holder baa been credited with the difference dif-ference between $2.00 per acre foot and the actual cost por acre foot for tho amount of water U3ed, Including tho losses by seepage, evaporation and excessive amounts delivered to tho stockholders. Following Is the assessment for each of the four districts subject to the rule In the above paragraph. Saratogo District Per Share Cleueral Maintenance $0.50 Distribution of Water $0.30 Pumping Charges $6.00 Total $0.80 lllverton District Per Share Oenornl Maintenance $0.50 Distribution of Water $0.14 Pumping Charges $6.00 Total icci Sandy District per Shnre Ooneral Malntennnco $0.50 Distribution or Water $0.25 Pumping Chargi's $c.00 Tolnl $0.75 Lehl District por share Oeneral Mnlntwinnco $0.60 Distribution nt Wuter $0.30 Pumping Chalges $6.00 Total jc.gn Tho assessment for pumping charges. Is based on tho delivery of 1 acre Teet of water; In eases whore stock holders hnvo used less than laid 3 aero reet they have bepn credited credit-ed on their assessment with th difference differ-ence between the cost of pumping tild 3 acre reet nnd the cost or pump-liiR pump-liiR the actual amount or water delivered de-livered to them respectively. |