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February 21, 1941 <br />• :IC : •' •U • ' YC1• • 1' YCi:h: <br />Relative to the obsolete equipment located at the North Pumping Station <br />at Leeper Park, and which equipment is described on the attached sheet: <br />The equipment is 27 years olds and has been in more or less continuous <br />use for this length of time; is highly inefficient as compared to the <br />modern equipment which was installed, and which replaced the pumps and <br />steam engines. <br />We feel in our minds that in checking this, that this has little more <br />value than junk at the present price for cast iron, and which price is <br />approximately $13,00 per ton today, on location. The Manufacturer's weights <br />on this equipment is 22570 pounds, or approximately 114 tons, which makes <br />a total junk value of $146„25, and which is believed to be a fair price, <br />As there is a possibility that if a buyer could be located who might <br />have use for this equipment, or part of it, that more money might be <br />realized than the figures above, that Mr, Cain contact the used Machin" <br />ery Dealers in the Chicago Area, offering this equipment as is, and <br />if a better price than the figures mentioned could be obtained, within <br />the next two weeks, that the offer be accepted, otherwise that the <br />equipment whould be sold at the present junk price of $13,00 per ton, <br />A further suggestion is offered, that Mr, Cain place an advertisement <br />in a suitable newspaper, offering this equipment for sale, either as <br />used equipment, or as junk, <br />Very truly yours, <br />Board of Appraisers appointed by the <br />Water Works Board, <br />(signed) 0.0. Schwier <br />A, Co Keiser <br />Willard C, Bapp <br />We the Board of Appraisers are making no charge to the Water Works <br />Trustees for making this appraisal, <br />