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102 <br />MINUTES OF REGULAR MEETING <br />IMOOD CITY COUNCIL <br />DECEMBER 3, 193+ <br />8:00 P.M. <br />Upon roll call, the following Councilmen were present: _Mayor, C. G. Lambert, L. C. Christensen, i <br />J. M. Eva; E: A. Fletcher, R. N. Jones, P. A. McCarthy, Geo. W. McNulty, City Clerk, B. E. <br />Were. Absent: None. <br />The minutes of the meeting of November 19, 193+, were approved on motion of Councilman Christen— <br />sen,-seconded by Councilman Fletcher. <br />A letter was received and read from the Bank of America in which was stated that the bank could <br />not accept more of the city funds at this time. Discussion was entered into concerning <br />what disposition should be made of further funds to be received during this tag time and <br />any surplus over the amount that the Bank of America was willing to receive, (the First <br />National Bank having refused to accept any money sometime before). The general financial <br />situation seemed to indicate that none of the surrounding banks of the community would be <br />willing to accept any of the money under the terms that were laid down with the state law; <br />that is, 110% collateral security and a payment of a 2% interest on the average daily bal— <br />ance. It was decided, finally, on motion of Councilman McCarthy, seconded by Councilman <br />Eva, -that a committee consisting of the Mayor, .City Attorney and Treasurer be authorized to <br />consult local bankers and San Francisco investment institutions to help in the selection of <br />proper Federal bonds which it was decided to purchase up to $50;000. <br />P. A. Flan, Chairman of the Retail Division of the Chamber of Commerce, asked the city to donate <br />$200 toward the expense of the Christmas decoration of the streets. After some discussion, <br />it was decided, on motion of Councilman Fletcher, seconded by Councilman McNulty, to con— <br />tribute $75 for this purpose, Councilmen Eva and Lambert voting "No°. <br />C. B. Mish of 1144 Madison Avenue requested information of the Council as to the payment of <br />taxes. He was assured that in no case would the Tax Department accept a duplication of <br />taxes. <br />At this time, proposed ordinance licensing gas fitters and gas appliance dealers came up for adop— <br />tion. A: Hibnes for the Sequoia Sheet Metal Works spoke about having furnace men included. <br />C. E. Choate and P. E. Brand also spoke on the subject of this proposed ordinance. As there <br />seemed to be considerable dissatisfaction and some uncertainty about the provisions of the <br />ordinance, it was decided, on motion of Councilman Fletcher, seconded by Councilman Eva, <br />to lay the matter over until the next meeting. <br />Ordinance No. 353,granting permission to the City and County of San Francisco to construct and <br />maintain water conduits across certain Redwood City streets was formally passed and adopted, <br />on motion of Councilman McNulty, seconded by Councilman Fletcher, by unanimous vote. <br />On motion of Councilman -McNulty, seconded by Councilman Eva, it was decided to make a contri— <br />bution of $50 toward the local Red Cross fund. <br />Councilman Jones spoke about excessive speed of automobiles on the i7oodside Road and asked if <br />something could be done about it. <br />f, <br />3 <br />