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reported, the city council is under a limitation which prevents it from <br />committing the city to an expenditure beyond that which can be provided for in <br />the current year's budget. This purchase would involve $107,000 which can <br />not be met out of the current budget. He also said another question was in- <br />volved in that this purchase was not for necessary municipal use and that, there- <br />fore, he had advised the committee -that the proper way to purchase this <br />property was to introduce an ordinance to submit it to the voters at the <br />November election along with the general election but on a separate ballot. <br />The proposition authorizes the council to proceed with the purchase of this <br />property under a lease and contract which would commit the city to purchase <br />this property over a five year period. If trio -thirds of the voters sustained <br />this proposition, the council would have the authority to enter into this <br />contract over the period of five years and the city would be reimbursed by <br />property sold. <br />He stated the election code authorizes the council to start an initiative p"ro- <br />ceedings. The County Clerk advised mr. t;McCarthy that the'main ballot had <br />already begun to be distributed and that it would be necessary to have the issiB <br />placed on a separate ballot, although the sine election officials could be <br />used. Four of the six elec ipn;-officials-, vtould ;be ablecto handle'.tb.e proceed-, <br />ings, and the votes would be canvassed by the City.Council. <br />Councilman' Anderson moved that it be the consensus of the council that the city <br />attorney be instructed to submit to -the council at its next meeting the necessary <br />documents with respect to placing this matter on the ballot. He explained <br />that his motion was not to place this matter on the ballot but was merely a <br />consensus of ,the opinion of the council as to Whether or not it desired it to <br />be placed on the ballot. The motion was seconded by Councilman Fletcher. <br />Under the question, Councilman Armstrong asked if the council wanted to beat <br />the bond issue and stated, in his opinion, it was a sure tray of doing it. <br />Councilman Anderson said this issue was entirely separate from the bond issue. <br />He stated that he believed when the other bond issue was brought before the <br />people and explained in detail, it wrould not sound like a large -amount of money. <br />Councilman Britschgi entered the meeting. <br />Coundilman Anderson further explained that the council. would be merely buying <br />this property over a period of five years and stated that Redwood City is a <br />community of fine homes and residences as well as an industrial, community. <br />He stated private owners are apt to raise the price of property if it is known <br />that an industry is interested in its purchase. <br />Councilman Armstrong, was still of the opinion that it was unwise to place this <br />matter on the ballot at this time, saying he did not think the council could ' <br />sell both issues at one time. <br />Councilman Anderson was of the opinion that a bond issue can't be sold but <br />must be left to the discretion of the voters who have the privilege of either <br />accepting or rejecting the issues. <br />There followed some discussion in regard to the expense of -the separate ballott <br />with. City Attorney McCarthy aftising the council that it would be approximately <br />,$300 to $400. <br />11 <br />(J <br />