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<br />:;0 <br /> <br />TUES MY <br /> <br />AUGUST ll, 1959 <br /> <br />24 to 48 months: <br /> <br />Collector lines: <br />Chatham Heights area. <br />Druid Hills and Forest Park area. <br />Rives Road Extension and west side <br />Mulberry area. <br />West Fayette Street general area. <br />North Martinsville area. <br />North side Chatham Road area. <br />Primary Sewage Treatment Plant. <br /> <br />48 to 66 months: <br /> <br />Remainder Mulberry Creek Interceptor. <br />Portion Smith River Interceptor. <br /> <br />66 to 84 months: <br /> <br />Remainder Jores Creek Interceptor. <br />Remainder Smith River Interceptor. <br />South Askin Outfall. <br />Smith Lake Outfall. <br /> <br />8th through 24th year <br /> <br />Operation and Bond retirement. <br /> <br />Concerning construction costs in general, the City has been fortunate to <br />have the factors, previously mentioned, to help offset increased construction <br />costs as have taken place between 1957 and 1959 and as are predicted in immed- <br />iate future years. This factor cannot continue in the Cityrs favor. As <br />example Engineering News-Record, the accepted authority, sets the present cost <br />index at 800 and predicts the index in summer of next yea:t will be 840. In <br />other words, one million dollars now will mean one million fifty thousand <br />dollars for the same job next year. <br /> <br />The City's water revenue in 1958-59 fiscal year was approximately $270,158.94 <br />(all customers inside and out of corporate limits). The sewer revenue was <br />$l62,979.07, approximately. The sewer averaged at 60.33% of the total water. <br /> <br />For estimating purposes the present annual sewer revenue is considered as <br />follows: <br /> <br />Inside city <br />Outside city <br />Total <br /> <br />$160,500 <br />2,500 <br />$163, 000 <br /> <br />After annexation, on an annual basis <br />present tariff scale). <br />Inside city <br />Outside city <br />Total <br /> <br />it is considered it will be (at the <br /> <br />$161,900 <br />~500 <br />$164,400 <br /> <br />Of this amount $J24,620 is currently going annually to the system improverent <br />program from the 50% charges (1959-60 budget). The remainder applies to <br />maintenance of the present system. <br /> <br />A point of interest is that if the present 50% charges are continued, if <br />construction costs stayed the same, if there were no financing, and if there <br />were no further development of the city in the period of time , it would <br />require approximately 29 years and 2 months to complete the program. <br />