Show FORUM to the editor of he be record in order that the people of the town may become acquainted with the lemis confronting their board ot of trustees Trusi ees in the acquisition of a water and light system for the town I 1 as president of the board feel that a summary of our efforts to bring about ae ac purchase and the problems after the purchase was bonsu consummated should be given the people A little over two years ago the town entered into a tentative enta tive agreement whereby the town was as to purchase the existing water and light system which had been serving servine the people the final agreement under the terms could not be carried out because of financial and other causes which it is not rec necessary essary to review review the controversy between he ae town and the water company being a matter of court as well as common record the town after many months of defor finally hit bit unon a plan whereby it could finance a light and power system for the town which would not cost the people one cent in extra taxes ligh revenue bonds were is is suied and sold and an up to date 75 borse power diesel power plant plan was purchased this opened the way for further negotiations with he blue mountain irrigation company var the purchase of its entire water and light system which had formerly furnished the people with water and right light an additional issue ot 01 water revenue bonds was made and traded to the irrigation company for its entire rights of water equipment etc which is used to supply the people of the town mid and surrounding territory with home water light and power and ad the town be became came the ower ow er of the old 5 9 well as the new system As soon as transfer of the wa tr and light system was turned over to the town it was found that in order to so give the people the service that should uld be rendered many changes I 1 would have to be made in tiiu electric system so that the load will be balanced and be of the grea o ost cst st benefit to the people the water system will alo aho have to be renovated materially before adequate fire pro pio pi o tiec tion can be had by the residents the town board is now applying to the government for a suf sufficient grant to make the required improvement in the water sy system srem a project has been asked for with which tt to realign and balance he electric n sy system stern and an electrician is engaged in the work of placing transformers to balance the electric load the situation to date is the town now nov owns a new diesel powered electric plant of 75 HP which has been connected as an all auxiliary to the water power generating plant for which in serial bonds have been issued these bonds i mature over a period of twenty awen y years being retired annually so that the int eist and principal charges will be correspondingly lessened as time passes some of the same kind of bonds have been issued the money from which his has been used 0 0 make part payment on the existing electric transmission line and install the light and power plant an issue of in water revenue bonds has been issued in payment of the balance of cf the cost of the purchase price of the entire system from the blue mountain irrigation corr pany making a total of in water and light revenue bonds which are to be paid back out of the revenues of the two systems and which have not net and will not cost the people of the town one cent in extra taxes just how long it will take 0 o bring brine the system up to a standard of efficiency fici ency which is necessary to make I 1 it what the town board beard dreams i should be and what the people are entitled to cannot be said at present but the board is making a strong effort 1 to get the work financed without it costing the people a cent a and d 4 at t the same time make considerable consi deable labor IX tor for the doeple computation of figures show that within the next ten years as the bonds bonda are rewired rel ired d the net revenues from the system be that the town tax levy should be materially reduced if not altogether eliminated ina ted and if handled right these 0 jet et reveres should make it ta 6 make ahny improvements on the streets of the town chas A burr pres town board |