Aberdeen’s Big Water Bond
A massive $65,000 bond issue passes, securing the city's future water supply and fueling a local land rush.
A sum of $65,000 has been voted for the construction of a city water plant. The works will be located in the Highland addition, which sits 118 feet above the tide lands. This location provides the entire city with a gravity-fed water system. The Highland addition is now being opened and plated, and promoters are calling it the time for investors to stop paying rent and start buying land.
“Now is the time for Washington to stop being a tenant and to stop paying rent.”
Infrastructure expansion in the late 19th century was the primary catalyst for speculative real estate 'additions.' Much like today, the promise of basic civic services was used as a primary marketing tool to lure residents away from established city centers into newly subdivided suburban tracts.
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