11/14/1949 Meeting - Laserfiche WebLink

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".. 4U - - - I~ ... -, AND DIRECTING THE PLANNING COMMISSION TO AD~PT A TENTATIVE REPORT AND TO HOLD A HEAR ING THEREON IN THE COUNC I L CHAMBER I N THE CITY HALL Of' SAID CITY'ON TUESDAY, DECEMBER 6, 1949 AT 7:30 O'CLOCK P.M. Af'TER GIVING DUE NOTICE BY PUBLICATION ONCE IN THE EUGENE REGISTER- GUA,RD, AND IN CASE Of' A f'AVORABLE REPORT O~ SAID REQUESTS, A HEARING HERE BY CALLED TO BE HE LD AT THE CITY HALL AT THE NEXT ENSUING REGULAR COUNCIL MEETING, COMMENCING A~ 7:30 O'CLOCK P.M. NOTICE Of' WHICH SHALL BE GIVEN THREE TIMES IN THE EUGENE HE GI STER-GUARD. It . IT WAS MOVED BY CRUMBA.KER, SECONDED BY HAWN THAT THE RESOLUTION BE ADOPTED. MOTION CARRIED. 38 "RESOLUTION - INVESTMENT Of' SEWAGE DISPOSAL fUND BALANCE WAS SUBM I TTED AND READ AS f'OLLOWS: , , . "WHEREAS, THERE EXISTS IN THE SEWAGE DISPOSAL fUND A CASH BALANCE Of' $120,009.75 AS Of' OCTOBER 31, 1949, AND WHEREAS, THE f'UND ACCUMULATES AN ADDITIONAL 810,500 TO $11,000'.00 EACH MONTH WHEREAS, IT APPEARS NOW TH AT THE BAL A!'J CE IN THIS f'UND WITH THE EXCEPTION, Of' $5,000.00 TO $10,000.00 WILL NOT LIKELY BE NEEDED WITHIN THE NEXT f'EW MONTHS. NOW, THEREfORE, BE IT RESOlV ED BY T HE COMMON COUNCIL THAT $120,000.00 Of' THE CASH BALANCE Of' THE SEWAGE 01 SPOS AL fUND BE INVESTED ,I N U. 5. GOVERNMENT CERTIf'ICATE Of' I INDEBTEDNESS CURRENTLY ISSUED. AND BE IT fURTHER RESOLVED BY THE COM~AON (;OUNCILOf' THE CITY Of' EUGENE THAT THE TREASURER BE, AND HE IS HEREBY, AUTHORIZED, INSTRUCTED AND EMPOWERED TO CARRY OUT THE ABOVE DESCRIBED TRANSACTION. PASSED BY THE COMMON COUNCIL THiS 14TH DAY Of' NOVEMBER, 1949. " IT WAS MOVED BY HAWN, SECONDED BY CRUMBAKER THAT THE RESOLUTION BE A DO P TED. MOTION CARRIED. UPON MOTION DULY MA,?E, SECONDED AND CARRIED, THE MEETING WAS ADJOURNED TO NOVEMBER 28, 1949. I RESPECTf'ULLY SUBMITTE~, OREN l. KING, . CITY MANAGER. I . , . . - . . I ~Y .' ~