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<br />r-138 <br />----:...:~- -:-:-~-=_-=-:::...-.;...~:~~::=-.~~.:--~- _. __;...__~..:._- _-:--=-_~--~-':-.:....::.-S----1:=':-..:.::~_-t..~~-::'~:-~-~~"T==--_ ~~~- ~~~:_-_~__ ~-~~~=_:=-::c.:~::.:::--:_~-==~-=--=-~~-=-~-=.:..:-~~..c~_-==,~-= ~=-==-=:.::-:::-~:_~:=~.::...~_.:-:;:=~~=--=-.:-::._=--__ <br />'- ------l-:-:-- c~ :'::-__:'::'-C-,=:-~::'==:'_-~'-:~-=-,_-='~_:'~-=~,,::'=-==-='::':'._~_-'=--- _::.::::..::.c..=----.:=-__::.--=::.==--=-~=:.::=_=--~,- --- -c -::...-::.~:.:: - ~--- -'=--=---=_____----.:::.c......:-c.:.:.::::.' --- <br /> , <br /> , ' <br /> Councilman Farrington, reporting for the Finance Committee regarding the <br />~\ ...,>:\ investment of funds in 7/8% Certificate of Indebtedness, Series E, maturing I <br />". ~'\-.' September 1, 1944. It was the recommendation of the Finance Committee that <br /> , the.following funds be invested intheseG bonds: General Fund $40,000; <br />\.;,:: I <br />14' General Bond Interest Fund $20,000; 'Improvement Bond Sinking'Fund, $40,000; <br />~.. Fire Equipment Expense Fund, $10,000; making a total of $110,000. Council- <br />"'," man Hawn stated that a market value of these at par and probably some premium <br />""'.... <br />0: would be available to the City at an early date in case it is necessary for <br /> the City to dispose of these bonds. On motion made, seconded and carried, the <br /> following resolution concerning the investment of these funds was adopted: <br /> , , <br /> VlliEREAS, The City of Eugene has the following funds, to wit: <br /> The General Fund $40,000~00 <br /> General Bond Interest Fund 20,000~00 <br /> Improvement Bond Int. Fund 40,000~00 <br /> Fire Equipment Fund 10,000.00 <br /> $ 110,000.00 <br /> , <br /> r all of which are not required for use'6f the municipality within six months <br /> I <br />15! from the date of this resolution and order, <br /> I <br /> I Therefore <br /> I <br /> , <br /> I <br /> I BE IT RESOLVED BY THE COMMON COUNCIL of the Ci ty of Eugene that t.he <br /> : <br /> I above funds shall be invested in the legally issured interest bearing oblig- <br /> 1 ations of the United States of ~~erica. <br /> I <br /> , <br /> \ BE IT FURTHER RESOLVED that the City Recorder and'the City Treasurer <br /> 1 <br /> ! be and they are hereby ordered to do all things necessary to consummate the <br /> , investment of such funds (al! of which are hereby designated as sinking funds, <br /> ! <br /> i bond funds and surplus of funds in the custody of the Treasurer) in the above <br /> described obligations of the United States of America. <br /> Street Committee-no repdrt- <br /> 1 I <br /> I <br /> Councilman Stewart reporting for the Fire and Water Committee stated he <br /> i had no report tb make except he would ask the Recorder to read a proposal made <br /> I <br /> I by Chief Nusbaum of the Fire Department regarding the working of the present <br /> , <br />16: Fire employees on their extra days off and paYcing them at their regular salary <br /> for the extra time. The proposal was read and Councilman Hawn stated that he <br /> , was in favor of the proposal but wanted to ask'the City Attorney if the City <br /> could be held for time and a half for overtime, 'double time for Sundays and <br /> I Holidays and for penalty for not having made these payments. Attorney Calkins <br /> ! stated that without further study Of the ~egulatiohs he felt sure that the <br /> ~..' <br /> : City would be liable for not paying more than the regular wage for the over- <br /> : time. After some discussion the matter was left in the hands of the Fire & <br /> I Water committee to report back at the next Council meeting. <br /> I <br /> ! <br /> '1 Sewer and Health Committee-no report. <br /> ! <br /> , <br /> Councilman Barette reported he had no report regarding the Park but there <br />17; was a request 'by the Daughters of Union Veterans 'of the Civil War to erect a <br /> rest-room for enlisted men at the corner of 6th and Charne~ton Streets between <br /> the sidewalk and the curb. He stated there would be no seats in 'thfs room <br /> and it-would only be a place for service men to pick up rides. <br /> , Councilman Barette ,also stated that Mr. Keating of Keatingps Market on <br /> I 13th and Willamette Streets wished to string a wire from his store to his <br /> , <br /> ; home for a private communication system from ttie store to his home; Mr. <br />18 Barette also explained that there were already one or two of these in use in <br /> I Eugene but that Mr. Keating would have to cross the street with the wires and <br /> ,I <br /> this brought some discussion from the Gouncil. Attorney Calkins stated that <br /> the stringing of wires 'over the street for c'ommunication purposes might require <br /> a Franchise. This matter was left in the hands of the Park Committee and the <br /> : Judiciary Committee to report back at the next 'Council meeting. <br /> i <br /> r <br /> I The Library report for the month of Au~ust was read and ordered placed <br /> i <br /> on file. I <br /> } A rooming-house permit was granted Betty Eck at 45 East Broadwa~. <br />19' <br /> j <br /> : A request from the Medo-Land Oreamery Company for afutther curb-cut at <br />their Charnel ton Street addre'ss was read. A statement was madell1y the City Engineer <br />Clubb that together with the curb-cuts already granted, .this requested cut would make <br />a ftotal of 57 feet. After some discussion by the Council a motion was made, by:; ~ ~.,;) <br />20j Barette and seconded by Farrington and carried that the request for the curb- <br /> I cut be denied. <br /> ., <br />~ <br />