CC MIN 1936 - Laserfiche WebLink

Browse Search

181 Indemnity Insurance Company of North America at a rate of $1 , 437 . 51 for one year , or $3 , gg0 . 9]+ for three years on a $50/100 ,000 basis , primary coverage $5/10 , 000 , and the balance through Lloyds ' of London. Councilman Eva reported that his committee was making progress working up the procedure to be followed in connection with the 1915 Bond. Act Assessments and that there would be another meeting of the committee on March 3 to conclude arrangements . Councilman Eva also spoke again about the number and kind of solicitors through the resi- dential sections of the City and asked if the ordinance could not be made more restrictive . The matter was referred to the City Attorney and Chief of Police for their recommendation. Mr. Peters , representing Henry Witte ' s office , Insurance Agent for the City , filed a state- ment of fire insurance covering city property, tabulating the costs for three and five year periods . It was decided that this report be checked by Councilman McCarthy and Mayor Lambert and a report made at the next meeting , with the understanding that the risk was being handled by a 30-day covering note. On motion of Councilman Christensen , seconded by Councilman McNulty , the City Treasurer was authorized to accept the offer of Stone & Youngberg for certain 1915 Act Bonds and to draw up the necessary warrant upon receipt of the bonds , which in detail appear below: Series Amount Price 3-10 $1 ,000 91 0 1 , 500 93 P 2 , 500 92 Q 2 , 000 92 $7 ,000 $6 , 445 On motion of Councilman Eva , seconded by Councilman McNulty , there was adopted a resolution accepting a Deed for Lot "A" of the Belle Haven Subdivision No . 2 , and the Treasurer was authorized to issue warrant to the California Pacific Title & Trust Company in the sum of $116 . 50 to cover payment of the lot , title fees , etc . On motion of Councilman Eva , seconded by Councilman Christensen , there was adopted a reso- lution authorizing Quit Claim Deed , and specifically authorizing Mayor Lambert and City Clerk , B . E. Myers , to execute and deliver to the Lenolt Securities Corporation a Quit Claim Deed to Lot B , Block 601 , Highlands of Emerald Lake , Subdivision No. 6 . Councilman Eva , seconded by Councilman McNulty , proposed the adoption of resolution directing that " Stop" signs be placed at several streets along the right-of-way of the Southern Pacific Company. Carried. Councilman McCarthy read a letter from Stone & Youngberg in which the City Treasurer was accused of giving out information which re-acted unfavorably to the purchase of 1915 Act Bonds by Stone & Youngberg. Upon request of Councilman McCarthy , the letter was ordered filed. On motion of Councilman Christensen , seconded by Councilman McCarthy , Emil Dehoff was granted permission to use the following described space for the purpose of erecting further buildings at his project at the Yacht Harbor , with no rental to attach at present .