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PUBLIC HEARING, ADOPTION OF ORDINANCE TO ESTABLISH TAX RATE 1955 - Affidavit of publication was ordered filed. Councilman Granger offered ORDINANCE 807 FIXING THE AMOUNT OF MONEY TO BE RAISED BY TAXATION FOR THE FISCAL YEAR 1955 - and moved its adoption, seconded by Councilman Britschgi. Mayor Herkner, on the question, stated that the suggested rate had been changed at the last Council meeting to $1.13 and he wanted it understood and -made a part of the record that in changing the tax rate and using the 5r/ made available for Capital Improvement that some of this money could be used for improving the Yacht Harbor. Councilman Stout stated that he believed as each one of the Council in regard to the tax rate, but that he had suggested the $1.15 rate not only for improvement of the Yacht Harbor but for improvement of all parks, He stated further that if the money were ear- marked for such Capital Improvement, it might forstall the necessity of a bond issue. In his opinion it had a certain amount of merit. Mayor Herkner stated that money is available to start the first work at the Yacht Harbor, namely dredging and the moving of the boats, but we can not raise the tax rate more than 5¢ for capital improvements. Councilman Jones stated his views and said that his reasoning -was not for capital improvement but rather additional revenue for fire and police. He said that it was too late to change at this time and he is going to stand on that basis, but he still thinks that they should examine the Fire Chief's report and the Police Department matter further. A study meeting will be held sometime after the League Convention. Motion carried on roll call, Councilman Spillers noted absent. REPORT CITY MANAGER REGARDING AVAILABILITY OF FUNDS TO PURCHASE LOTS 23 TO 28, BLOCK 37, CENTRAL PARK NO. 2. Councilman Granger stated that he was still of the opinion that the money received from the sale of Hawes Park should be invested in other property. Council- man Royer stated that this money should not necessarily be used for purchasing this property. If the City were interested in buying property, they would do it anyway even if the sale of Hawes Park did not go through. Councilman Britschgi stated that if the money were to be used to purchase more property then there wouldn't be any money left to put in the lights and bleachers in the diamond at Community Park. Councilman Royer stated that the funds be spent first for the relocation of the ball park to Community Park, with proper lighting system and $2,000 for the bleachers at Park #2. Councilman Jones moved that the second part of the City Manager's report, which is as follows, be adopted and this property be purchased from'Capital Funds, seconded by Councilman Britschgi. "In the event the Council desires to use the proceeds from the sale of Hawes Park for some other purpose, it is then recommended that funds for the purchase of the above property be transferred from existing Capital Funds raised by special tax levy 'for the acquisi- tion and construction of permanent improvements, real property, public buildings, etc.' as provided by Section 57 of the City Charter." Councilman Stout concurred with the thinking so far, but he stated that when the work was completed there will probably be some money left for the Capital Improvement Fund. Councilman Granger asked that the motion be made in such a way that should there be any money left that it will go the the Capital Improvement Fund. After further discussion, Councilman Jones added Councilman Granger's suggestion to his motion which carried on roll call,, Councilman Spillers noted absent. FURTHER CONSIDERATION, POPLAR 4ESS EBENER IMPROVEMENT (LUCERNE OR GENEVA). The Clerk read