BOOK 21_1946-09-23 to 1948-08-09

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54 t, like to remove.'these lots from the delinquent list and place the money in the tax collections. The consensus of the Council was that it would be advisable R to wait until a clear title was obtained before transferring the money and Councilman Armstrong moved, seconded by Councilman Werder, that the letter of the City Treasurer be held in abeyance and the City Attorney be asked to in- stitute at his early convenience a McEnerney Suit to acquire a clear title to the property in question at which time the requested transfer of funds will be made. Motion passed unanimously. Bids .for the sale of.bonds of not less than.,$28,000 nor more than 31,000, issued pursuant to the Improvement Act of 1911 of the State of California and Resolu- tion of Intention No. 1946-1 of the City ,of Redwood City were received. The only bid was from Hannaford and Talbot in the amount of 100% of the face value plus a premium of $1.35. per $1000 face value of bonds, with an interest rate of 5% per annum plus accrued interest to date of delivery.- Councilman Arm- strong moved, seconded by Councilman Britschgi, 'that the bid of Hannaford apd I Talbot be accepted in accordance with the terms outlined. Under the question, Councilman Granger asked for the City Attorneys opinion,of the bid. City Attorney McCarthy advised it was in order. Motion passed unanimously. Mr. Belden S. Gardner, representing Hannaford and Talbot, addressed the Coun- oil and urged them to reconsider their'recent decision in regard to making bonds under the 1911 Act callable at 5%'penalty. He stated that unless this feature was included in the notice of sale he did not believe his company would bid on any future bonds. He stated the present notice of sale did not allow enough margin of profit for the rist involved. Communication wasreceived from Gene DeWree, Sequoia Union High School student, requesting on behalf of a group of teen-agers a.youth center where the young people of -the city can meet and hold their activities. After some discussion, it was decided that the proper group to handle this matter was the Recreation Commission. Both Councilman Britschgi and Councilman Werder expressed the opinion that there was a definite need for such a center. Councilman Werder moved, seconded by Councilman Granger, that the matter. be referred to the Recreation Commission with the request that a recommendation be made to the Council at the next meeting. Under the question, Councilman Granger asked if there were any limitations as to how the bond money for recreation must be spent. City Manager Blom advised that there,were certain limitations. Certain sums have been allocated for specific park areas and projects within those.areas. He believed it would be possible to provide in the Community Park Center a building such as the high school group requested. He did not know, however, where funds would come from for a temporary structure. Coun- cilman Britschgi believed something should be done immediately and agreed to referring the matter to the Recreation Commission if immediate action were -taken. The mation passed unanimously. A Mr. Brooks of the United Sign Company appeared before the Council requesting permission to erect a display sign at 1416 Main Street. The sign is 81 x 10' of light frame work supp-orted four or five feet off the ground and Fl (� 1