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Transcription
Sir. Jeffersj #5 Oct. 39, 1939 In v i e w of this general situation, I feel it is our first duty to provide a sufficient supply of water for the c i t y for domea t l c use, w i t h the subject of water con s e r v a t i o n of secondary • importance so far as a n y heavy investment on our part 1s concerned. I wish to r e i t e r a t e my f u l l appreciation of Mr. G r e e n e ’s report, which will be of vary great v a l u e to us not only in the Immediate future but In years t o come, and a m herewith submitting m y recommendations only to indicate w h i c h of the items should in ray judgment be given first • consideration. If all of the rive items listed in the report a r e adopted, it is m y u n d e r s t a n d i n g that most of the cost thereof w o u l d be c a p i talised In R a i l r o a d Company * a accounts, but of course the Water Company w o u l d be required to pay a p p r o x i m a t e l y 8 0 $ of the c o s t of o p e r a t i o n through monthly rentals to the R a i l r o a d Company, including d e p r e c i a t i o n and interest on the additional investment, and it la desirable to avoid the "Rent for Pipe Lines* g e t t i n g out of proportion to our present earninge. Yours v e r y truly, 'WALTER R.' M A i S , Vice-President. cc - Mr. ¥m. Reinhardt. Mr. Frank Strong.
