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HomeMy Public PortalAbout07-27-1911 (3) Campfield Co. Bid for Water Supply for the City of RichmondEdwin Y. Oampfield, 00.9 Bid for Water Supply. Continued. and fact of such liability in each particular case, and shall con- stitute a charge against said water works company and a lien upon their property 1n favor of said city, and the amount thereof may be retained out of any moneys then due, or, thereafter to hAcome ci duefromsaid cdsuchoactionwater againstworks salaocityyshallll benotice givenfbythe the city of any the pity to said water Works ognyany. And, notice in writing, signed by the clerk of said city: statwhAnlng saldholtYrlses to suc2r. roquired tooanswer tion tre court wherein pending, thereto, delivered to the superintendent, constructing or operating engineer of said water works in said city, shall be deemed suffio.. lent notice under this section, and said water works company shall have the right to defend such action. Before making any excavations in any such streets, alloys, lanes, avenues, thoroughfares and public grounds in said city for any purpcsa, such water works shall give at least twenty-four hours' notice thereof in writing to the city civil engineer, which notice shall state definately where such excavations are proposed to be made, and the purpose and extent thereof. All water to private consumers shall be furnished by meter measurement at the rates In the following table: the meters for measuring the same to be furnished by the company free of cost or rental tc the consumer: - For twelve -hundred gallons daily, or less 25X per one thous- and gallons. For over twelve up to and including the first five thousand gallons daily, per one thousand. gallons, 15 cents. For the second five thousand gallons daily, per one thousand gallons, 14 cents. For the third five thousand gallons daily, per one thousand. gallons, 13 c-ints, per one thousand For the fourth five thousand gallons daily, p gallons, 12 cents. For the fifth five thousand gallons daily, per one thousand gallons, 11 cents. For the sixth five thousand gallons daily, per one thousand. gallons, 10 cents. For the Seventh five thousand gallons daily, per one thous- . and gallons, 9 cents. thousand For the eighth five thousand gallons daily, per one gallons, 8 cents. For the ninth five thousand gallons daily, per one thousand gallons, 7 cents. For the tenth five thousand gallons daily, per one thousand gallons, 6 cents, ts., For all additional quantities �.r ore thousand ,gallons e c A mfromum charge Ofonly'Phirtypcents (.30) per month shall b- eequlsefl from all consumers when the amount of water consumed in monthcn7Loat th; rates abthan thirty ove specified would be lees Loy the nuch month. Service connections to be made at cost consumer. 474 - Idwin Y. Cempfl"ld, Bid for later 3upPly, Contln.:ed. r it is inpraotioeble to use or plaoe meters, flat rbtea �e on be e,9091 d which rates shall be the same as an specified in the ordinar►00 now in foroe between tl» City and The Rlchmur�. Clty tte o dinbn provided that a disootknt of ten per cent (10%) from rworksates shall be allowed and deducted when the rental is paid once ,uot before the loth of the month. All bills for water rent steal: De payable s,onthly on or before the loth day of the month fo • =}^ aontb,DMateding: and a discount of lo$ will be allowed or bill paid or. or "fore the loth day of the Month. In consideration of the benefits accruing to the solo city and aid its SnhebitanLs from the conatructior, and operatlor. of said dthe awater works and for the protection of the city against fire, city shall agree and bind herself to rent of seid company two hundred sad eighty-nine (tag) fire hydrants to be located an di- reefed by the chief of the fire department foLwa period (t42•" five (25) years at an annual rental of forty for each hydrant and a lilt^ rate for each additional hydrant ordered by the ally and put in, and, said water works company furnish the city twenty-nine atPa)bytgaiaiohiefPofathete hfire depaZt- e'uch points as nay be design ment, the city to pay only the price of suer, thehlife Ofothistoon- labor, and material furnlshed, ana during supplied with water for tract said intermediate hydrants shall beExtensionsof said main lfire nesewith a ditional3hydrants, fort to Said yfin protection to be made from tine to time as required by the needs ofwsaid roT. t",. hided that no ext nsion shall be required of asiu MY ur,lP3S the income to be derived therefrom, either Ovp t e°naUmera or for additional fire hydrants at the rate abcove herein fixed Shall equal at least tenper cent per °D the coat or such extenalone and Y.ydrar.t?• In case a t franchise Shall be legally granted to the under - gran their successor or assigns, and a contracdedYawarded to eo t tc tLIM as herein provided, then the said undersignOf t '4anlze and Incorporate a company und.r the thecontract adoption Of Indiana, within sixty days from daLee Of fgthd contract ant to take over such francY.ise and carry shall gr city, wherein it Shall he provided that o purchase said dater to the said city of Richmond the right to D wit:- l°rks Dlant upon the following Plan and basic to- of a capitol stock Such company shall be incorporated wit" be common stock 1825 000e of which $625 000. face value, 625,-'-� of COII-st an" 600 000. shall be preferred stock• Said 8 responsible tru m0n stock shall be deposited in the hands o , city asreinafter provided and subject to purchase by tharticinating stook• land thb ?0p hall be nor. -voting and non-p be the sole votit93ued upon Da 1 6 of preferred Stock shal aaldiDlantiforsitskoonstructoon Durchase9and asll p pable9 *stofV or 5% seml-annual interest aoupon, Bold b0 raiaement 1 as fol- iehrer without relief from valuation and a-p t company a y State of Indiana at some responsible truand psyable years. ev*rY Y#arIafterOthe•datehofrtheireissue for twenty-five Y —