Show Details of Water Vater System Survey Ready For Council It Is expected that details of the application for Public Works Funds for development of the water system will willbe willbe ill be presented to the council tonight for approval and the application will be nude made in the very near future The necessary survey has been n completed completed completed com com- during the past week and men have been busy taking an inventory I of the present system which is n n sary in the application City manager Leland M. M Perry spent three days dars of list last week In northern Utah conferring with the advisory com- com and with officials officiate of cities who have ha made similar applications and also in gathering data pertaining to a sewer system m such as Cedar contemplates contemplates contemplates plates constructing particularly with regards to making the project self liquidating As it app appears now the project will be undertaken on a r rental rental rent rent- nt- nt al basis which seems to be the most satisfactory I Loans for these two projects will not be direct obligations to the city but butwil 1 wll wU be financed by revenue bonds that I Iare are pall pal from earnings from the sewer i and water system Separate accounts i iare paid j are set up and the from frem the earnings of NN system Both projects are eligible for from the by rental from each the 30 per cent direct grant from the N N carries per cent government and the 70 per c cent nt will willbe willbe be a loan at abou per cent Interest |