1968 339- 485 _ 1-8 to 4-15-1968

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374 considered to aid in supporting the ballot issues before the public. Mayor Herkner asked that this recommendation be considered as a directive to the Staff. (Memo 1/23/68) Councilman Petersen moved to adopt RESOLUTION NO. 5587 APPROVING AND AUTHORIZING EXECUTION OF AGREEMENT WITH BANK OF AMERICA N.T. & S.A. FOR PAYING AGENT SERVICES, seconded by Councilman Keckley. Staff report stated this proposed agreement set forth the same services as the prior agreement for GID 1-64 bond issues. City Manager's report previously submitted to the Council reminded that authorization was approved to terminate —• the Paying Agent Agreement with Wells Fargo Bank on recommendation of Staff. He advised it was now the joint recommendation of City Treasurer and himself that the Bank of America be named paying agent for these bond issues in view of their evidence of confidence in fiscal integrity of District by purchasing bonds. Motion carried on roll call vote. Councilman Rosselli moved to adopt RESOLUTION NO. 5588 APPROVING PLANS AND SPECI- FICATIONS FOR THE CONSTRUCTION OF UTILITY IMPROVEMENTS FOR DOWNTOWN AREA UNDER GENERAL IMPROVEMENT DISTRICT 1, 2, 3-65 (PROJECT UNIT NO. 1); AND AUTHORIZING CITY CLERK TO CALL FOR BIDS THEREFOR, seconded by Councilman Bury. Staff advised this project combines construction of all water, sewer, and storm drainage facilities in the Central Business District to minimize the inconveniences to merchants and customers. It was also reported specifica- tions included restrictions which limit the construction operations to pre- clude interference with the Traffic Study until May 1, 1968, with completion date scheduled for last part of November, estimated cost of the project re- ported to be $600,000. Motion carried on roll call vote, Councilman Granger voting no. Councilman Keckley moved to adopt RESOLUTION NO. 5589 APPROVING SPECIFICATIONS FOR ONE STREET SWEEPER; ONE 150 CFM AIR COMPRESSOR; ONE TWO -TON PATCH TRUCK WITH DUMP BODY AND BITUMAL SPRAYER -COMPRESSOR UNIT; ONE ONE-HALF TON PICKUP TRUCK; AND, AUTHORIZING CITY CLERK TO CALL FOR BIDS THEREFOR, seconded by Councilman Bury. Previous bids for this equipment had been rejected because of insufficient funds being available to award bids, and appropriation of funds in amount of $6,000 to provide necessary additional funds will be effective before bids again submitted to Council for award. Motion carried on roll call vote. Councilman Henderson moved to adopt RESOLUTION NO. 5590 ESTABLISHING AND DECLARING DESIGNATED ENTRANCES TO DESIGNATED INTERSECTIONS TO BE STOP ENTRANCES; AND, ELIMINATING CERTAIN HERETOFORE ESTABLISHED STOP ENTRANCES, seconded by Council- man Bury. Staff reported resolution provides for erecting certain stop signs and removal of certain existing stop signs which are necessapy to the implementation of the next stage of the Downtown Traffic Study, incorporating a one-way street pattern for Broadway East bound and Marshall Street West bound, between Spring Street and Arguello Street. In addition, unbalanced traffic flow will be incorporated for Middlefield Road and Jefferson Avenue, between their intersection South of Broadway JAI 22.E dµ 22'68