BOOK 23_1950-05-15 to 1952-04-21

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was questioned. There were no totals to be compared with the original inventor !� 235 5 e ied y to the Council- City Collector Perrin stated the inventory had � r presented not been ased to their knowledge. Mayor Britschgi though t this could have been !• fi a d Increa three day sale if he so desired. There was no assurance he would not ask for another arried,,. exten- Councilman Morgan thought he had chosen the best time sion. of year to sell out before the holidays. Under the terms of the ordinance no more than 120 days could be requested in any calendar year. The lease expired April 15th. On roll call the ! permit was denied Councilman Granger, Herkner, and Spillers voting Yes. Te original application expired it n 21st, Attorney Woodman thought the Council should January grant a permit if they felt , ht '" statements of inventory were true. i�' i., F PLANNING COMMISSION RECOIdMfl ENDED RESUBDIVISION OF LOTS 8 to 12 inclusive, Antonio Franco ,fig Kensington Square, into four 51 foot lots and one 86 foot lot. The four 51 foot lots were to be offered for sale; the addition to Lot 12• was to add to Mr. Franco's home site so that he might have usable access to his property. Councilman Spillers moved .I approval of recommendation, seconded by Councilman Morgan, and carried. , �,•';.� 4 ,f�'„ CITY ATTORNEY CURRIE' S REPORT ON PROPOSED ORDINANCE, ALL NIGHT PARKING. November 13th lj i''; a minutes: stated the attorney was to contact Sacramento on whether or not they would approve all night parking on State Highways. Mr. Currie stated this could not be done by this method as it was attempted before. The proposed ordihance must be approved by !! led the Council and sent to Sacramento, but the Council had not determined what constituted n. G, central business district and what constituted a hardship, if applicant had no parking place and no garage. Councilman Royer moved that the committee be reactivated, meet with the proper authorities and report back to the Council their findings, seconded by Councilman Morgan. Councilman Spillers and Royer were on the "All Night ParkingCom- mitte° to meet with the Police Department. Motion carried. CLAIM FOR DAMAGES ON FALLEN TREE No.4 Duane Street, Earl R. White. Mr. White submitted i�•g; ! ''' claim for alleged damage in the amount of $885 due to damage done to house, lawn and 1';, shrubbery. Councilman Spillers moved that the claim be denied and referred to the y P insurance carrier, seconded by Councilman Jones, and carried. City Attorney Currie stated if the City had an interest in this of any sort, the insurance carrier should investigate and take care of the matter. G RMER CONSIDERATION INVESTMENT IN BONDS WAR MIIMIORIAL BUILDING FUNDS. Joint letter was N submitted by Ralph S. Dodge, City Treasurers and John J. Brophy, City Auditor. Funds ('#' as of December 31st, 1950 which might be available for investment, subject to legal n' Opinion of the City Attorney: ,. Off -Street Parking 5 9053.99 ;s ; War Memorial Building 10,581 1944- City Plan Bonds 1LL 727. w`3G3, 362.99 I. . ' �I of this-' amount the City had now on deposit in the Bank of America and the First , ;f'.'j.l 1 j E n National Bank on which 1% interest was received, withdrawable on 30 days notice: 145,000. This would leave 0153,362•99 Which might be classed as subject to investment. E They were not prepared to recommend long term investments as would be necessary should ! ,- the City purchase Government bonds. The Bank of America had offered a new agreement i , covering_ inactive account which would pay 1-2.Mo on a 90 day withdrawal basis. They suggested before investment of any funds in long term bondsp a committee of Councilmen, City Auditor, City Treasurer and City Attorney be selected to make "a more detailed It ,it ., " study Of this matter. Cit Attorney Currie submitted his opinion regarding investment City Y i