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I <br />little bit more difficult for outside contractors to come into Redwood <br />City and take away business from the local men. The men indicated a <br />willingness to pay a reasonable license fee. On motion of Councilman <br />Anderson, seconded by Councilman Fletcher, the Mayor was instructed <br />to appoint a committee to consider this particular feature of licensing <br />and consider other features of the license ordinance if so desired. <br />Those appointed on the committee were Councilmen McCarthy, Anderson, <br />and Hohn. <br />The proposed Retirement Life Payments Amendment to be voted on November 7 <br />provides that all City Funds be deposited in the Credit Clearings Bank, <br />and that all taxes and other city revenue may be paid in the 1130 -Thurs- <br />day Warrants." Considering the menace to the stability of the City and <br />particularly to its finances, it was decided on motion of Councilman <br />McCarthy, seconded by Councilman Fletcher, to have the Manager and Treas- <br />urer ascertain from the banks whether or not it would be possible to <br />purchase just before election $75,000 or $100,000 of U. S. Bonds, with <br />the idea that these bonds would be kept if the amendment carried but re- <br />turned immediately after election if the proposal were defeated. <br />Adjournment. <br />BEM: HAS <br />i, E. &, <br />City Clerk '. <br />