OCR Text |
Show Public meeting Pa rowan to discuss bonding water line will increase the capacity of the culinary system from the much less expensive gravity flow source and make relatively expensive pumping of water from wells necessary much less of the time, the council points out. The new line will also help insure a better future water supply. A public meeting to discuss a proposed Parowan City culinary water bond will be held Tuesday, May 16, at 8 p.m. in the Parowan High School humanities room. Reasons for the proposed water improvements will be explained by city officials. The proposal calls for the sale of $250,000 in water revenue bonds to the Utah State Board of Water Resources and ) 200,000 in general obligation bonds. The water revenue bonds will be repaid in 18 years, and no interest will be charged by the Board of Water Resources. The general obligation bonds will be sold on the open market and will be repaid over a 25-year 25-year period. Voting on the bond proposal will be held May 23, with all Parowan voting storage tanks in the mouth of Parowan Canyon. "In some respects, we are living on borrowed time," Robinson said. "Water rationing will almost be a certainty, if our big well should go out during the hot summer months." An additional reason for the passage of the bond proposal, according to council members, is the interest free bonds from the Water Resources Board which have been approved by the board for this project. Estimates by the bonding company indicate that these interest free bonds will save Parowan about $180,000 on the project. Both parts of the bond proposal must be passed, however, for the city to take advantage of the interest free bond.s. The proposed new ten-inch districts casting ballots in the Library Lounge. Because of the two types of bonds being proposed for sale, the ballot will have two parts; a majority of yes votes on each of the two parts of the ballot will be necessary to approve the proposal, according to bonding company officials. "We would encourage all citizens of Parowan to attend at-tend the meeting. We feel that passage of the bond propsal is vital to the future of the community; we also think that citizens of the community should be better educated about the source of their water and the operation and maintenance of the system," Jim Robinson, mayor, indicates. The Parowan City Council has gone on record as strongly favoring the proposal. The major factor for the council's recommending recom-mending the bonding procedures is the immediate need for repairs and upgrading the current culinary water line from springs in First Left Hand and Main canyons to the |