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419W <br />theA was $50,742 in the Unbudgeted Reserve, $30,000.00 for the sale of Hawes Park, <br />which left a balance of 420,742.00 for emergencies. Mayor Herkner again stated that <br />there was a balance of $$2,000 put in the Unbudgeted Reserve last week which had not <br />been appropriated. <br />Councilman Britschgi stated that the original tax -rate had temporarily been 01.21 and <br />that the Council had worked very hard to bring it down to the $1.12 figure, and he <br />felt that if it was necessary the Council should raise the rate to $1.13 which would <br />add approximately $8,000 to the Unbudgeted Reserve. City Manager Rolison stated that <br />if the tax rate was increased V 3t would bring in approximately $9,000. <br />Councilman Jones agreed 90% of the way. He felt that the tax rate should be raised to <br />P <br />X1.14 in view of the report that Chief Lodi had presented to the Council regarding � <br />increased personnel in order to stay in Class 3 fire rating. Councilman Stout was of <br />the opinion that the tax rate whould be increased to $$1.15 to provide funds to improve <br />parks and plygrounds, Yacht Harbor, etc., as well as provide additional personnel if <br />it later became necessary. Councilman Jones stated that he would like -to echo Mr. <br />Stout's thinking. He felt there should be a larger balance to work from it it was <br />found necessary to increase the personnel later on in the year. <br />Councilman Granger stated that they wanted to maintain a minimum tax rate, however, he <br />felt that $2,000 is a cheap insurance. He further stated that Stanford University <br />has a program from which he thought we could secure someone to do the work which <br />our own employees can not find the time.to do. <br />Councilman Jones moved that the matter of $2,500 for Civil Defense be put into the <br />budget, seconded by Councilman Britschgi and carried. <br />v � <br />Councilman Stout moved introduction of ordinance, the 1955-56.tax rate to be set at <br />$$1.15. Councilman Britschgi stated that they had worked very hard to keep the tax <br />rate at $1.12 and he felt that since we only need $2,000 the tax rate should be set <br />at $$1.13. This would leave just enough'money so that there would not be any loose <br />spending of tax payers money. Councilman Jones stated that he would not second the <br />figure, but he would like to be on record that because of Chief Lodi's report to <br />increase the number of personnel he felt that it was necessary to set the rate at <br />. either $1.13 or $$1.14. Mayor Herkner stated that Councilman Stout's motion was lost <br />for lack of a second. <br />After further discussion, Councilman Britschgi introduced the tax rate ordinance at <br />i <br />I' 01.13, seconded by Councilman Granger. This was again followed by more discussion <br />I! regarding $30,000 from the sale of Hawes Park which could be used if an emergency <br />arose. Mayor Herkner pointed out the. fact that the City anticipated receiving <br />.: <br />revenue from the sale of cinnabar which could be used for the improvement of Stul- <br />saft Park; improvement of the Yacht Harbor of which there is money available for <br />dredging Boundry Slough. The recent increase of $20,000 is for the general reserve <br />ry <br />fund. He also stated that the employees of the City and received a raise amounting <br />5.7/ which increased the tax rate approximately 5X, and he said that there was <br />Ij sufficient money to purchase the water reservoir site. This was followed by a roll <br />r call vote, Councilman Stout voting NO and Councilmen Royer and Spillers noted <br />absent, motion carried. <br />i <br />'i <br />