HomeMy Public PortalAbout07-29-1912 (2)• Offics of Board of Public Works, 1 ��
- -- City of P.iohnond, Indi:.na, 1
r _ Viednesday July•;1st, 19120
190 Slondav
July Bath, 191...
application of ;rm. ,, Landis, for appoint- The Board oT Public Works of the City of Richmond, Indiana,
�0a xPmber ece ofttheaFire Department, tie. same was ordered ylet in special :jou`ion at the office of Said Board on Wednesday
_ivedJuly •31st, 1912, a�. 9 0 clock A, ;,�. All the members of said
ment as a m Board being present, Messrs, Charles & Zlrmnerman, the followtnr
filed, ,oculist Party of Araefica, poceedinL,3 vrere had, to -wit: -
Of the Indiana that they be given per- p r,
A pep requesting e South
apl,eared before ahBabli�dMeeting with lecture, in art.. The Board and City Attorrioys met and went Over r9viseu
a12 in the ui'ternoon, r..p
mission to hold '1,day August hth,far can, be given, Provicl- of tentative inchise under plans str,,, for which proposals
loth street ParK+ the right toncuncel and res- for water v:orts fanchiso rill be advertised for,
Yr. 7,innnermthatmoved
the Board To taro so
od, always The repreaentrttives & attorneys for prJs}ective bi
cind its act7oabin usecased, motionlprevailed.cis' or said consent is works franchise being present objected to th3 wore;
In any panner said franchise wherein it is proposed that tho cit4,
the right to assign its right to purchase said water works at
any time after years rrom the date of its ppprovel� y luunci..,
at a fair valuation, viLthout bonas o: per cent added, and with- tli
out considering the cost of service Itlsles paid for b;r the con-
sumer.
Mr.. `study & Campffield sp; aking for the dfi'r'erent bidders made
the point that the valuation of a water plant would be dec.aaaed
in th; ,;aunt the city could sell. its right to purchase the plant
The Board did triPn uza, beouase it would make the company operating tls' plant an undesir-
able risk to those who Hight desi•*e to invest in its stocks &
bonds,
Lr, Johnson refuted this ch,ioge citing, the fact that th+ laws of
P tta State of Indiana & Ky. gave the pity'.,; the authority to di:.-
residant of Board. p099 of its option to purchase the pl?.nt, stating ',hat thn nup9r-
ior courts had authorised the sale of an option biht in x public
service c,)rporution ever, when the option right wa% not provided
. +'..
for in the contract.
Clork. of Board,
After the vrator works .representatives & et.t9rn9Yi into"executive
from the ;aootiing, The Board & City attorney oPosal
session and decided to stand pat on the sootioni0f the tirrmination
in gtestion, Mr. Johnson st:,ted , oy providinb' - - city or the part -
of the contract in the event oi' a purci.tiia uontx•uot :1:,s no t"91101e
res purchasing the city's option tight, ryes ,•t'^ by the
value, taking ti:e stand that the ccntx'a�t L`' '
city to the succd3ssful bid,Ier in consideration oi' fr�watesreotcth
cit}+ by the oo an such as low hydrant charges, any the latter:a
therefor when the plant is purchased from the termine.ted.
contr•uct should not n^ •I is"d as an cisset &should be
l'r Zimmerman movad that the ,ald
,itv ettorneY Prepare C01'1g3'p'Me
1eent
proposals for each councilman and the co%xr'ata7.i30t0'olo}'K P•
with council .on Tuesday August Gtn, 1912,
motion prevailed. Rife y1PA-
Flre Chief M1119r reported •tne resignation of Clarence
to
man at No, 5 Hosr�House on motion S, L. CooK was �tlon.
fill said vacancy in fire department by Maid r°sit
did than adjourn,
Tha Board _�—
.: of Leers,
president