Victor City, Colo., May Lease Its Waterworks
A proposition to lease the waterworks to private individuals is being considered by the Victor, Colo., authorities. The plan came up before the Common Council as a result of an offer made by Water Commissioner Lee W. Davis, but as yet no definite action has been taken. The plant is valued at about $650,000. The main reason given for the proposition to lease the plant is that local governments have not made it pay, but that if it is leased it can be made to return a profit to the city. The total municipal debt, amounting to about $550,000, is founded on the water plant in the form of bond issues to a very large extent. The taxpayers last week voted to increase the bonded debt by $150,774.84. For several months continuously the city of Victor has had a fairly sufficient supply from water naturally entering the Victor dams in. the Pike’s Peak locality and water furnished by Colorado Springs. A few years since Victor city began suit against Colorado Springs to compel the latter to furnish a certain amount of water from its dams on the southwest side of Pike’s peak. The action was based on water-right holdings of Victor, secured years ago. The suit was taken to the District Court in Pueblo and was compromised under a plan in which the Victor municipality relinquished any legal rights it might have to sue the city of Colorado Springs for alleged illegal diversion of any waters that are supposed to be held by prior rights of the city of Victor. Colorado Springs, on its part, agreed to furnish a certain amount of water to Victor at such times as dams of the first-named town located in the mountains contained a certain volume of water above what might be necessary for use in Colorado Springs.