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5®n <br />■ <br />fencing on both sides of the creek in the park area and close by, be included in the <br />1957-1958 budget for the Park and Recreation Department for various reasons as stated <br />in the petition. Councilman Herkner moved that this matter be referred to the Park <br />and Recreation Commission. Recreation Commissioner Hanley stated that they had <br />written a letter approving the improvements. The Clerk stated that to date he had <br />not received the letter. Councilman Herkner withdrew his motion. <br />Councilman Spillers moved that this matter be carried on the agenda for one week to <br />give the City Engineer time to check the possible cost of the bridge, seconded by <br />Councilman Stout and carried. <br />COMMUNICATION FROM CITY TREASURER AND CITY AUDITOR REGARDING DEPOSIT OF PUBLIC MONIES IN <br />LOCAL BANKS. The Clerk read the letter wherein it was stated that the City has been <br />approached by representatives of the local banks who are not enjoying any of the City's <br />banking business and are of the opinion that they should be given a share of the idle <br />money. If the Council desires to split this business between the five banks within the <br />City, the Treasurer and Auditor recommended the following, subject to the interest <br />rates the City is now receiving; <br />American Trust Company $1502000 <br />First Western Bank 1503000 <br />Bank of America, California -Broadway Branch 150,000 <br />Bank of America, Broadway -Jefferson 175,000 <br />Wells Fargo Bank 175,000 <br />In view of the necessary ninety day notice for withdrawal, the above change could not <br />become effective until September 15, 1957• <br />Councilman Spillers moved approval of the recommendation and.asked that k letter be sent <br />to all the banks asking for separate quotations, seconded by Councilman Stout and carried. <br />CONTINUATION PUBLIC HEARING 'ON FARM HILLS BOULEVARD IMPROVEMENTS. The City Engineer stated <br />that his estimate should be changed to $57,768.51. The bid received from Oddstad Homes <br />included bounding costs which are not usually included in the bid. By adding that <br />amount to the engineer's estimate it brings the change is the estimate to the $57,768.51 <br />I <br />figure. Councilman Spillers moved that the public hearing be closed, seconded by <br />Councilman Granger and carried. Councilman Granger moved that all protests on record <br />be overruled, seconded by Councilman Spillers and carried. <br />Councilman Spillers offered RESOLUTION 2268 ORDERING IMPROVEMENTS FARM HILL BOULEVARD <br />IMPROVEMENTS and moved its adoption, seconded by Councilman Herkner and carried on roll <br />call. <br />Councilman Herkner offered RESOLUTION 2269 AWARDING THE CONTRACT ON FARM HILL BOULEVARD <br />IMPROVEMENTS and moved its adoption, seconded by Councilman Weymouth and carried on roll <br />call. <br />PUBLIC HEARIPG ON PLANNING COMPIISSION'S RECOMMENDATION TO DENY WHITMORE, GERSMIER, ET. AL. <br />REQUEST TO REZONE WELLESLEY PARK AREA FROM R-1 TO R-3. The Clerk read the letter from <br />the Planning Commission wherein they referred the matter to the City Council without a <br />change in its previous recommendation. The affidavit of publication was ordered filed. <br />Chester Lebsack, attorney representing Mr. & Mrs. Gersmier, spoke in regard to the en- <br />forcement of the restrictions. He spoke about the proposed amendment to the Zoning <br />Ordinance and the amendment to set an R -3-G zoning restriction in the area and he asked <br />that this matter be postponed until such time as the R -3-G zoning is put in effect. He <br />asked that this be postponed for 30 days. This was agreed to by Mr. Thorpe, attorney for <br />the Whitmores. After the adoption of R -3-G zoning by the Council they will make a request <br />for R -3-G zoning of the area in order to enforce the restrictions. <br />