A saw apparatus for cutting a work piece includes a circular saw blade, a saw blade drive mechanism including a motor drivably connected to the saw blade and having a motor pulley, and including a blade mounting structure, a saw table including a housing with a housing side wall, and a housing top wall having a blade passing opening and being hingedly secured to and resting on the housing side wall, a housing partition defining a drive mechanism chamber and a blade mounting chamber within the housing having a drive mechanism chamber bottom wall sealingly joined to the housing side wall, and a cooling liquid contained within the blade mounting chamber, so that the blade mounting mechanism includes a blade axle extending through the housing partition between the blade mounting chamber and the drive mechanism chamber, and the blade protrudes up through the blade passing opening and down into the cooling liquid, and a blade axle pulley is secured to the blade axle, passes through the housing partition, and a belt extends from the blade axle pulley to the motor pulley.