07/14/1920 Board of Public Works Minutes

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The developement of the tract between Grant Street and Olive Street and between Indiana Avenue and Prairie Avenue will not reach the point of building houses until 1921. In this development there are 400 lots on which it is expected houses will be built. The Oliver tract west of Kosciuszko Street and south of Sample Street will not be platted in the near future. CONCLUSIONS. It has been shown that to pay the actual cost on the investment and the operation of the extens ions from Kosciuszko Street to Olive Street will require 214909 revenue passengers per year. At the present time there is not a sufficient. population to produce this number' of passengers. However, if next. year the development of prop rty immediately west of Olive and south of Sample Street is carried out, it is probable that a sldff iennt populat ion would result to warrant the extension of the line. In this report we have considered only the extension of street' car facilities from Kosciuszko Street to Olive Street as we have prev fouls ly agreed to extend the street railway tracks from Walnut Street to Kosciuszko Street. On account of present high costs of construction and on account of its impaired f inane ial condition, this c ompagy cannot make any, definite promise in regard to making the extanddon from Kosciuszko Street to Olive Street. Yours.very truly, CHICAGO,SOUTH BEND & NORTHERN UND IANA RY. CO. ° BY R. R. SMITH General Manager _ After read ing °the above communicat ion- and hearing all parties interested in the paving of Sample Street between Walnut Street and Olive Street, The Board adopted the following action. That the petition of the White Construct- tion Company denied and the White Construction Company ordered to proceed with the completion.of the contract executed on the loth. day of July 1919 under Improvement Resolution No.. 671 • adopted by the Board April 30th. , 1919. Signed G. A.EhLiott John F. De Haven. Clerk- instructed to notify the White Construction Company at they their office at •Chicago , Illinois of the action taken by the Board this 13th. day of July_ 1920, and also notify The Maryland Casualty Company, Bonding Company on the White Construction Company bond, the action of the Board in reply to their letter of June 25th. , ,1920. 'Res -ring had on assessment roll and final estimate for Pipe sewer on Webster Street and Olive Street from Prairie Avenue to Bruce Street, Under Improvement Resolution No. 738. In the above matter No remonstrators appeared and no written remonstrance was filed. The.Board therefore find that the property assessed in said roll filed June 29th.,1920 is benef itted in the amount of assessments as show shown on said assessment roll and the Beard further find that the assessment roll filed June 29th.,1920 and the final estimate allowed June 29th.,1920 should be and the same are aXnftjtmsd �n all things, ratified, confirmed and approved.