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Show Bond Issue Aired at Public Hearing Quite a number of Parowan , citizens were present at the pub-1 11c meeting held Monday evening I to explain In detail the proposed i bond issue to raise finance to re-1 build the city's culinary water, system and provide cash for the I city's share of a new library i building. But there should have been many more to hear a dis-; cussion which will have a far-reaching far-reaching effect on the city's stability sta-bility and growth. There is no doubt, or there shouldn't be, In any citizen's mind that the city is in need of an enlargement of the city water supply. It Is also generally understood un-derstood that the only way this can be done Is by bonding to furnish the money for it. The Parowan City Council has, for the past many months, been giving this matter much study and has obtained the services of Ralph B. Piatt, Cedar City engineer, engi-neer, to make surveys and cost studies of the items which are to be undertaken In the project. Mr. Piatt's findings have been reviewed review-ed several times In these columns col-umns and at a public meeting held during the summer. The city official's action has reached the stage where a bond election has been called, with the voting to take place on Tuesday, Jan. 7. At Monday's meeting a representative of the Edward L. Burton Co., bonding house in Salt Lake City, was on hand to explain ex-plain that part of the program. Also Mr. Piatt and an engineer associate were present to again . explain what their studies have shown are needed to rebuild and give Parowan City an adequate culinary Water system. Included In the items which, are needed to provide an adequate ade-quate water supply are the following: fol-lowing: a new storage reservoir with a capacity of 750,000 gallons, gal-lons, a new and larger pipeline running from the storage reservoirs reser-voirs to the forbay, and re-, building the distribution system throughout the city, providing' larger size pipe than Is now in the lines.. i The estimated cost of the stor- j age reservoir, either steel or re-1 Inforce concrete, will be about j $17,500. This tank, added to the 230,000 gallon tank now in use wouM sive the city 1,000,000 gallon gal-lon storage capacity. This should be adequate with the contemplated contemplat-ed increase in the use of water. I The canyon flow line of eight-i eight-i In. pipe, would cost an csfimated I $55,000 and should also be adequate ade-quate for many years in the future, fu-ture, but Is still needed at the present time to get the supply of warer available to the storage tanks. I This would leave approximately approximate-ly $172,000 of the proposed $275,-j $275,-j 000 bond issue for the rebuilding of the system In town, for the (Continued en Page Seven) ON BOND ISSUE PUBLIC HEARING (Continued from Page Three) lines from the tanks to the system, sys-tem, for a contemplated chlorinating chlorin-ating plant, and for the cost of the engineering and incidentals In connection with the sale of the bonds. Of course the major part of the $172,000 will be for the distribution system. Mr. Piatt states that the above figures are all close estimates and that when It comes to contracting con-tracting the projects a variance can be had, but he felt that if there Is any difference, it should be In favor of the city. To cover the cost of this pro- j J-' s&asawo aim uav tstv- ing company consultant has suggested sug-gested that In order to pay for the bonds and interest, that the rates for water in the city will need to be raised to about double dou-ble what we are now paying. The suggested rate will be a minimum charge of $3.30 for 10, 000 gallons per month, 20 cents per 1000 gallons for the next 15,000 gallons and 15 cents for each 1000 gallons used above the 25,000 gallons. This would seem to be high, but they produced figures to show that even then our rates would be lower than other cities and towns in the area. Hurricane and Kanab, both of which have rebuilt their water system in the past year or so, both have higher rates than the above suggested for Tarowan. Cities Ci-ties with rates lower than that are those in the area that haven't done any improving for many years, and are now faced with a rebuilding program, such as that contemplated in Parowan The bonds to be Issued will be In the form of general obligation bonds, which sell better than revenue rev-enue bonds, and can be sold at a lower interest rate. But it is still contemplated that the bond issue will be paid off from revenues reve-nues from the system. In regards to the $10,000 bond issue for library building purposes, pur-poses, that much money is needed need-ed to be added to the value of the site, in order to match money which will be furnished by Iron County for a city-county library building here. This bond will be a different item on the ballot for the election to be held Jan. 7 and citizens are urged to watch for the proposition and vote on it. |