Show PROPOSED BOND ISSUE WILL VILL BE U USED IN PAYING OVERDRAFTS t I-t I Debits of Million Dollars Voted in 1905 Will ViII Prevent Prevent All AU Improvements Promised by Mayor Bransford rd f oJ T 1 4 U SPECIAL MONEY WAS AS HANDLED EXTRAVAGANTLY EXTRA V w r U J. J City's Chief Executive Asks People to Give Financial Support Support Support Sup- Sup port Upon Contracts That Have Al Already Ar- Ar ready Been Let U I I wi ti Most rost of the bond hond Issue that the American city administration Is askIng askIng asking ask ask- ing i Jor br r will be consumed l In meeting overdrafts o on 00 the million-dollar million bond bondI I Issue suo of or 1905 The appeal of or the tho Reams Kearns party for another bond l ue not only brings up tho the question Uon as al to what the money Is i's wanted for hilt but It H revives Interest In the bond I Issue que of 1905 and what became of or It Jt A stud study of the disposition of 01 the 1905 bond issue will Indicate Calr fairly well how this special money Is handled and will give tho the taxpayers a 3 pretty fair Call Idea of the manner In which the city cily administration will handle tho new new bond issue if it tho majority of or property owners vote for tor it Mayor Bransford In his annual message message mes mes- sage advocating a n bond J Issue sue says I 1 have havo given the tho matter of or public improvements much thought nn and I havo have concluded ed 1 that special ments should bo be made KO so far tar as possible pos pos- sible from the proceeds of or bond bon is issues is- is sues suc rather than from Crom an Increase o In Inthe Inthe Inthe the tax levy Jevy I therefore respectfully re recommend that tho the proposition to create au an additional bonded indebtedness indebted indebted- ness ss in tho the sum aum of or bo be submitted sub sub- to the people of or this elt city for forth th their l a approval al provat or r disapproval d Otto Ono of or tho the Items Hems for which bond mone money Is desired says S 'S tho the mayor mayor IB is the tho completion of ot tho the Intercepting ewer pumping station and outlet pipe u Work Vort 4 Completed Complete h the Intercepting Is Js com com- r plated and for to but there thero is an un overdraft against the tho fund fun l wh was wan In In U n ir t. t nt th th va Til In lii 1905 5 ihO tho the p ot t 0 O f forthe for fr r I I the Iho intercepting f sewer vc The Tho w iF 5 clone dono at nt a n cost cot of oC 5 1 21 1 nearly I S 11 estimate called for Cor and an additional which the tho city may have to po pay the contractor contractor con can tractor for Tor out of or the tho sewer Newer because tho the dunderheads In the administration did thid not an outlet outlet outlet out out- let This account was turned down down h by th the mn mayor or and the Iho city Is Isun un In a n suit stilt for IL It I Co Contracts havo have already been let Jet for forthe the Iho outlet and the tho pumping plant and this work Is going on Whether the city gets the bond Issue or 01 not this work vork will tili bo ho tl d done ne Then the tho mayor major ur urges j as fiS an nn addItional additional additional addi addI- reason for tho the bond Issue tho completion of ot the ho n new nev w water wate supply mains The bon bond I K me que of or 1905 provided pro iwo 10 vided for tor this purpose Urpo c and the city cit paid 56 before the work wa was completed The rhe overdraft in this account will necessarily arlly be mett mot met t by the proceeds of another bond issue Overdraft O on Conduit The Tho bond Js issue mo of or 1 1905 05 provided for tor the construction of or the BI Big Cottonwood conduit The conduit conduit conduit con con- I duit cost 27 7 and the difference lit dif ference terence between the actual cost COit and nUll the original estimate was creat created ll after nUN the American party parly camo came Into power In the elt city In a little over three year property owners are not liable Hable to forget There was a circular sent out by tho ho Morris administration at that time lime giving reasons for the bond Issue After ACter eloquently elo elo- stating the needs of or the city the circular proposed that the million dollars asked for should be bo disposed of ot as follows ollow DI Big Cottonwood conduit Power plant at Parleys Parley's canyon canyon can can- yon yon Utah lake development do Repairs City cana canal v OOOO New water vater supply mains main Money Mone in exchange of ot water Extinguishment of ot power rights and Incidentals OOOO Engineering preliminaries and ana supervision Total Intercepting sewer Grand Grant total What became of or all that money monc Three Items R. h n t Fund The Tho city cily rc records show the following I accounts Dig Big Cottonwood conduit H 21 Intercepting sewer 21 New water supply mains 56 Water exchanges cs 00 Total 15 04 Nearly earh the entire million dollars was exhausted for tor three e forms of or Improvements im- im the for Cor exchange of water being necessary to start the new now water system The people voted January 3 1905 for tor the tho million-dollar million bond Issue ue upon the belief bellet that it would bo be expended for tho purposes for tor cur which It wa ww In In- In tended None one of it was spent for tor the tho power plant at the Parleys Parley's canyon outlet of oC the conduit the tho Utah lake development dc was forgotten the repairs repairs repairs re re- re- re pairs to tho ho city canal were overlooked over over- looked and whatever er was done under th the tho authorization a of th the bond Issue was wa's done at tho the expense of or overdrafts overdraft In other funds and the elt city has not yet ct recovered There wasn't much unity of ot sentiment sentiment sentiment senti senti- ment In 1905 Just JUit 1203 persons voted vet vot ed cd in favor of or the tho bond Issue while 10 1047 1017 t 7 voted against It nu ons Sot Not Vital Most of or tho the fourteen reasons that Mayor Bransford gives are arc not vital The city Is not in a po position where Itcan Itcan it itcan can not get along alon without these theBo proposed proposed pro pro- posed improvements anti and there thero Is no up sincere intention on the tho part of or the 1 j 1 1 administration to do all an th the tho work vork that Is out Ut In th the tho 8 ann Jal report report U City CHy Engineer r l Kelsey Is Js now making making- estimates of or the cost of or tho the fourteen proposed led Improvements in n the tle mayors mayor's report Tho estimated Cost will ex coed After tho ho bond lOnd lactic It If approved b by the I the tho city will flo do as It U pleases with tho mon money and n no ono one can prevent IL ILLat Lat year nl J 1 W r a a. a specIal accountant frisked the tho city accounts to what bec became me or of the tho bond fund ot of 1905 His report Was complete corn com plate up to that time and Is Supposed to be 10 on nfl tile file but It has not been heen rie- rie lately for tor r tho ho rea reason on that tho the special auditors have taken It Jt front fron the tho joint building Building to study over o It The bond hau fund was ox- ox rl c-rl In iii January or of this year and d man many estimates have been paid since that time creating against t It that are arc |