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324 <br /> Councilman McNulty, that the Clerk convey to Mr. R. Lee Otis that the <br /> City would assume official sponsorship for the municipal band, but did so <br /> with the understanding that there should be regular practice and that <br /> services of the band would be available on appropriate occasions . <br /> Electric Utility Acquisition <br /> Mayor McCarthy and the City Attorney recommended that the City employ special <br /> counsel to draft all the papers necessary for the election and the issue <br /> of bonds , and to furnish advice from the present until after the bonds <br /> are sold. It was recommended that the City secure the services of <br /> Orrick , Palmer , and Dahlquist of San Francisco, and it was so ordered, on <br /> motion of Councilman Jones , seconded by Councilman Hohn. <br /> It was reported that the Railroad Commission ' s finding set a value of $488, 000 <br /> for the value of the P. G. & E. electric distribution system; that to this <br /> amount should be added some 2 7, 000 for subsequent additions. Mayor <br /> McCarthy suggested that extra items and the need for a minimum amount of <br /> working capital would make it advisable to make the total amount involved <br /> $575 , 000 and recommended that the City Attorney on this basis institute <br /> proceedings for 20 year bonds . It was so ordered on motion of Council- <br /> man Jones , seconded by Councilman McNulty. <br /> Mayor McCarthy read to the Council a prepared statement setting forth certain <br /> data and arguments which he asked the Council to authorize priited. After <br /> discussion , roll call was taken and the statement was authorized , the <br /> following Councilmen voting "No" : Councilmen Eva , Christensen , and Fletcher. <br /> The City Treasurer asked the attitude of the Council toward buying United States <br /> Savings Bonds in the amount of $7 ,500, the maximum allowed by the government. <br /> On motion of Councilman Jones , seconded by Councilman Eva , he was authorized <br /> to buy bonds in such a quantity and to have them registered in the name <br /> of the City of Redwood City. <br /> Ihe approved claims were ordered paid on motion of Councilman McNulty and <br /> Councilman Fletcher. <br /> Adjournment to Monday, 8 : 00 P. M. September 27, 1937, on motion of Councilman <br /> Hohn , seconded by Councilman Christensen . <br /> f <br /> • <br /> E7 ‘ : <br /> BE: : mps <br /> City Clerk <br />