Evening Republican, Volume 21, Number 103, Rensselaer, Jasper County, 9 May 1918 — OLIVER DITCH IS SOLD. [ARTICLE]

OLIVER DITCH IS SOLD.

County Surveyor Ed. Nesbit soli the Oliver Ditch Wednesday. The main ditch was bid in by Hutchinson and Oakford for 17.90 cents per yard. The Lateral, known os No. 77 was bid off by A. Bennema at 12.95 cents per yard. The work is to be done by a dry-land dredge. The main ditch i s t° be 43,457 feet in length the number of cubic yards to be evcuvated are 414,686, and the cost of excuvation estimated at 20 cents per cubic yard. Lateral 77 is 43,400 in length. The estimated number of cubfc yards to be excuvated is 158,315 and the cost was estimated to be 10 cents per cubic yard. The estimated benefit of the total improvement \is $133,723.19 and the estimated cost was placed at $98,768.70. The price named in the contract, is about 80 per cent of the estimated benefits and 6 per cent less than the estimated cost.