Minutes 04/13/1948 - Laserfiche WebLink

Home Browse Search

The present seven cents (V~) bas~c ~are structure _n use on the Comps.uy~ s bus system in the City of Portsmouth was e stablished rudder mu o rdinance v~nich be - c~e a law on July 28th, 1926, regulating motor bus passenger 6r~sportation ~u the City of Port,curb. It is a matter of co--on ~owledge that all costs incident to the operation of the t~usportation system in the City of Portsmouth by this C~p~y a~d its pre- decessor d~ing the last few ye~s have greatly increased. Illustrative of ~_is con~tion is the fact that moto~ buse~ vfnich were p~c~sed by o~3 comply ~d placed in opemation in Pomts- mouth during t~e ye~ 1947, ~cost the Comply $7,0VV.~ pe~ bus o~ 33% moms than comparable eGuipment cost in 1940, the last pre-war ye~. Also~ operators' wages, which represent o~m largest item of exoense- m~de~ the oresent contract wi~ the labo~ 9rg~iz~tion repmesentir~ emoloyees, pmov~e for a top wage of ~l.14~ per hour, as comp~ed wzth a szmilar wage of 60~ in-1940~ om ~ ingrease of Since the Portsmouth Tr~sit 'Comply acquired the transportation system in this City, ~ree ye~s ago,on ~.p~il l, 19~5, the Compmuy ha~ made ? c~it~ e~endi-~ t~,e for new equipment of approx~ately $100,000.00 ~d has been puttzng fo~zh every effort to modernize the trmusportation system, but in order f6r the Company to be able to ~nish a mo- dern amd a~equate transoor~atzo~ system ~ cee C~y, un~er preseno concztzons~ it is absolute- ly necessary 2hat the z~res ce zno~eased ~o zhe e~tent propose ~ s is essential that the Comply be reasonably assured of a reasonable retu~ on the fare value of its property devoted to the publio~se~vice. The res~t of the Companyfs operation in the City of Po~outh,fo~ the year 19~7 was that an altogether ~inadequate ret~n was e~ned, ~d, in view of the in - creased !abo~, equipment, a~d ~terial costs ~d declining revenues, if present fares ~e con- tinued, the Portsmouth Transit Comply ~ll suffer a substmutial loss d~o~ing the ye~w 19&8. ~ ~e prepared to give yo,~ Honorable Body, ~l pertinent informa- tion required for favorable action on t~s ~en~z~ent, and we respectfully requsst that this matter be given the e~liest possible consideration. Respectfully yours, K. A. Bradshaw, Vice res~enz. Motion of Mr. Weisem~m~ ~hat a conm~ttee be appointed to st~.dy mud re- port o~ said pager was adopted. ~a Chair appoz._tea the fol_o~zng on said committee: Messrs. Weisemam, Howard, Houghton, Sturtevmut and Wilson On motion adjourned. Cit~ Clerk. Approved ~_~ y~/Pr es ident.