05/24/1937 Meeting - Laserfiche WebLink

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-' - I . I .' I . II / ~ 603 -- - - -- - Councilman Bond, chairman of the Police Committee, recommended denial of the request for l5-minute parking in front of the Miner Building. Upon motion made and seconded, recommendation of the Committee was unanimously approved. .- ...,'" 12 The Police Committee recommended granting of Package Store Class "B" Licens to David Asnervig (Dave's Pie and Delicatessen Shop) 128 East 11th and rejection of a like license to Jiffy Lunch (Merle Short) 575 Willamette Street. Upon motion made and seconded, the recommendation was approved. ..~ '~:"\ ""'I~ '..):' " Proposal of F. C. Walters to pay on Lot 3, and the east 15 feet of Lot 4, Block 1 of College Hill Park a yearly rate of 6% ($62.02) considered as interest and an additional 6% ($62.02) considered-as principal until the full balance of 13 $1033.62 is paid, was accepted by the council upon motion made and duly seconded. / The council sustained th~ action of the Board of Appeals in granting Louis F. Gieseke permission to move his stock of groceries from his present location at 504 Wlll,amette Street to his residence at 1408 Lawrence street, and to conduct his store in his residenc~ for a period not to exceed six months. It was pointed out that vacation of the post office alleys compelled Mr. Gieseke to seek this outlet. 114 , 115 The council sustained the action of the Board of Appeals in permitting F. L. Chambers to install two windows in the east wall of the Apartment Building located at 132 West Eighth Avenue. r-- Request of George E. Yates asking for a permit to erect a service station on the south 62 feet of Lot 5, Block 1, Osburn Addition, located at the northeast corner of the intersection of Lawrence street and 11th Avenue was denied by the 116 Board of Appeal sand sus"tained by the council. ' M~. Czarske presented to the Board of Appeals a request to build two duplex residences on the north side of 7th Avenues West between Washingto~ and Jefferson Streets setting back from the sidewalk approximately 11 feet. This is not as far back as the present residences in the block but the Board fIndS no ordinance or regulation to prevent the issuance of the permit, but feel that the matter of SET-BACK from the street line should receive some consideration from the council. Herewith the Council ordered the building inspector to issue a permit for the proposed construction to be not less than 11 feet from the sidewalk and it was so ordered. /17 Moved by Farrington .and seconded by Bond the request of the Salvation Army for additional funds to carryon relief work was ordered tabled and it was so / 18 acted upon. Request of John Chete~ for p~rmission to build on Lot 5, Block 6~ Eugene I Original Addition, was ordered tabled on the grounds that Mr. Chezem would per- /19 sonally interview the individual councilmen. Request of Frank H. Seal for permission to make sewerage disposal through the city's system on a reasonable rental basis. It was pointed out that Mr. Seal has been doing,considerable building on West 6th or approximately 600 feet west of the Prairie Addition. The matter was referred to the City Engineer and Sewer 120 Committee. Resolution appealing to the Senators and Congressmen at Washington to use their efforts for r'epeal of limitation upon the rights of municipalities to con- tract7upon favorable terms with depository banks for a reasonable interest earning upon deposits whether for demand or time account was upon motion made and seconded, duly adopted: ,. ;l. I RESOLUTION WHEREAS, the enactment of the Federal Reserve Act, Section 19, paragraph 12, provided that "no member bank shall, directly or indirectly, by any device whatever, pay any interest on any deposit which is payable on demand:.~provided further that until the expiration of two years after the date or enactment of the banking act of 1935 this paragraph shall not apply...(2) to any deposits of public funds made by or on behalf of any state, county, school district or other sub-division or municipality, or to any deposit of trust funds if the payment of interest with respect to such deposit- of public funds or trust funds is re- qUired by state law," and WHEREAS, under the terms of this act it will become operative in the state of Oregon upon the included units and subdivisions of government after August 23, 1937, and WHEREAS, the right and practice of paying to municipalities a reasonable rate of interest upon demand deposits as well as upon time deposits has long been recognized and adhered to by banks and municipalities, and .-..1