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nigh, jib it wan hot lor to ho outside tho cost than inside.No Bonds Asked at PresentIn discussing the report City AttorneyMathews said:The people will not be asked to vote bonds until the present surveys now being made are completed and have been passed 011 by 11 board lt;lt;f disinterested experts. We have not asked the people for anything but the $1,500,-000 bond issue which has already been awarded. No uctual estimates have yet been made and none can he made until the surveys are completed.”The tabulated estimates of cost in Mr. Olmsted’s report are us follows:Hights of way:Government .......................$ 10,000Railroad ........................... fjO.W)Private ............................. liift.ntst)Water lights ........................ SdO.000Conduit ..............................20.61)0.1 litMunicipal railroad ................. 6,000,000Storage:bong Valley dam ........1750,000Minor gtorugo ............. 60,000 SoO.OOOElectric plant ...................... 1,237.009Three cement plants .............. -114.000Engineering, 5 per cent .......... 1,753.550Total ...............................mhSl.'WiAnnual pel income from power..$10,175,001)Net cost bringing Mater I»» rlty..$2ti,G4D.CCy Mr. Olmsted considers that It will be almost necessary to build a municipal railroad 250 miles long through the Mojave desert and tho water lands in tho Owens valley and to erect municipal cement plants. He declares that a good quality of Portland cement can be obtained near Owens lake ami Mojave. His estimates include figures for this work. He says:With these features the cost will be stupendous—without them it would hr daggering.”He concludes his report as follows: Thera are no engineering impossibilities In the scheme. It is well worth while. The water is good and there is enough of it twice over for a million people. The totul cost will almoRt return in glory which will ho ours for having the ability to foresee and the courage to execute tho greatest municipal work ever undertaken by thehands of men.” -■ AA\/ iirvi rv iftin O LI CCOTIWAl
Newspaper Details
Los Angeles Herald
Los Angeles, California, US
Wed, Dec 27, 1905
Page 9
Full Page
Clipped by
Los A.
CA, USA 11 Aug 2023
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