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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
Jan 25, 1929
Page
10
The article discusses net earnings of the water plant from water sales and city charges. It estimates about $2,000 additional earnings for the water plant, with total earnings near $17,000. After subtracting $6,000 expenses, net earnings are about $11,000. It argues the plant should be valued free of bonded debt by crediting its entire earnings.
The city weighs net earnings and value of the light heat and power plant against a $375,000 offer from Western Public Service. Projections show 6 percent earning capacity and future needs, suggesting true value around $175,000 to $200,000. If sold, proceeds could retire bonds, avoid new taxes, and fund city needs, with a 3 mill tax offset by refunds under Telegraph plan. The piece argues the sale could enrich the city by about $300,000 cash after bond payments and water system gains, while outlining future rate impacts and benefits to residents and businesses.
Sealed bids for interior paint per specifications filed in the county clerk office. Price per gallon requested. Bids opened and contract considered at 1:00 p.m. February 5 1929. Board may reject any bid. Henry Pavlat, County Clerk.
Painters wishing to work on the courthouse interior must arrange with the courthouse custodian between now and February 5, 1929. This item appears in a local notice. Bluhill Coffee advertised nearby.
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