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3 <br />THE PRUf USED tsiiOGET hUK fHt v?tiiATluN vF THE ~.JtLr'ARt CIENA.KfidEN'F tOR THE <br />~iELFARE BUDGET h'ISCAL '/EAk tNUINu J:;NE 30,1955, {N THE AMUUNT uF $184,785. C0 ',:Aa ..^Kt~tNTEU HND uN <br />Ai'PROVED , <br />i.iuTluN BY Pik. ~CitINBEK~`s, SECONDED tiY •~k• uAVIS THIS BUD:iET ',+A.'r'i UNANIMOUSLY <br />Af'^ RUVED. <br />CN i.iUT i UN BY ~ iK. t)AV 1 ~, SECONDED BY I'1K. I EBtLL i HE F"OLLUw I NG CLAIMS AGAINST <br />THE L/uG FUND WEKE AF:'RUVED rOK i AYi+iENT: <br />CLAIMS AGAINST <br />!JOG FUND .JU HN ~~ . C I tsBS ~ 7.15 <br />TOM RAGLAND 1.53 <br />H COai1dUN 1 CAT 1 uN r ROM P1. 1`!. IvURFORD KEI~UES T 1 NU THAT AN ADD 1 T 1 uNAL f ORT 1 uN <br />REt?UEST RE: ,. <br />i`'IERIWETHER -~T. REFERRED OF +IERIWETHER S~REET HE ACCEi'-TED INTO 'f HE I.ITY S1REEf aYbfEfA WAS KEFEKRtD 70 <br />TO ST. CGf4t•11 iTEE <br />THE STREET CO~~inI1TTEE FOR 5'fUDY AND RENURT. <br />1 HE L i TY ra'f fUKNEY ?RESENTED 'THREE SEPARATE A1iREEn1ENT5, ALL UATEU FEBkUARY 1'~, <br />1954 AND EXPLAINED 1'Haf THEY HAU BEEN FREPAKtU fN AGCURDANCE '.KITH 1Ht SiAiUTES <br />hUR bUCH CASES F•iADE AND ^RUVIDED AND IN tURTHEK ACCURDANCt KiTH I.HAPTtK 2, <br />1"TATTER RE: SECT"IvN 91, ~iTY ~uDE uF 1945 AND THAT FHtY INVOLVED: <br />BANK AGREEMENTS <br />(1) iJEru51T5 uF ^UBLIC FUNDS BY THE %iTY TKEASURtR IN ivATIuNAL <br />BANK AMD TkUSI l.pi•i^ANY A{ VHARLvTfESVILLE; <br />(?} UEPUSITS OF PUBLIC FUNDS BY THE. vfiY TKEASUREk IN THE PEOPLES <br />ivATIGNAL BANK OF ~HARLGTTESVILLE; AND <br />(3) UtPUSiTS i.h PUBLIC hUNDS Hr THE i.iTY TKEASUREk fN THE %iTIZEN5 <br />BANK ANU TKUSf ~u;•i^ANY. <br />THE CITY r+iTORNEY iURCHEK ADVFbEp 1"HAT H9 THE:;E Au REEi.iENTS, EACH DtPUSIiuKY <br />BANK wAS kE(~UtRED 10 FLACE THE SECUk171ES LISTED 6:ITH THE DESIvNAI"EU tSCROW HANK. <br />HFTEK FULL DISCUS~IuN of -THE i+iAil"EK, THE uui1NC1L BEING OF THE viINIUN THAT <br />SUCH DEPUS I TS bJERE tit I NG HANDLED 1 N P ROFEk i' ASH ION AND ArP ROV i NG IvAT IvNAL BANK <br />ANU IkiJS"f ~uM;'AN'Y AT IGHAi..LOTiESVILLE, ~HF_ pEu.°LES IYAfiuNAL uANK OF LHARLUTTESVILLE <br />AND THE CiTiZENS i/ANK AND TKUSi" ~.ui•i.^ANY AS DEPUSITUk1E5 ut ,^iiHLiC fUNDS rOtc THE <br />CITY uF ~HARLuTTt5VILLE, AND i;f UN dt{NG ADVIStD i3Y A CUi•+i.~ITTEt CON51~f IN~Svi IHc: <br />FFNANCE VUi+iidlTTtt, THE UFRECiOK uh FINANCt AND THE TKEASUKEK THAI ALL lHt <br />SEGGKiiIES LISTED ~FON THE iHktE SEPAKAfE AukEtMtNTS TOR UEPUSII tN iHF ESCROW <br />BANKS ARE SUr F IC 1EN f f OR SUCH AUk^uSES, I T 4iAS iiNAN f hiOUSLY <br />RtSCLVEU; THAI THE fHkEE SEiAKATE AGREEMENTy BE AND THEY <br />ARE HEKEHY AP.^ROVED, AND THE ~iAY~R i5 AUTHORIZED ;u EXECUTE <br />THEM iuN tiEHALt Oh THE VI tY OF VHAR{_OFi2:iVILLi_, AND IHAf 1HE <br />CLERK IS DIKECfEG 7u At"r IX IO EAGH THE'. SEAL OF 7HE MITI AND <br />i'O ATTEST THE SAME. <br />AN vKD I NANCt tNT i TLED IIr1IV vriU i I~r+IJCG i Ur (~PvJ I IVY: faivU I,OLLtLT IivU i_ I CEi'~Si:.S <br />NIvU T~aXr=S F©r'. T'rtit iXi=nr; {~L ^vr i,~RT~• I iy Pi? 1'v i~i:uFS r~ i TH 1 i~ i i-i~ i:: I T Y OF ~H~,RLCTTtjv I Li.E <br />ORD NANCE OFFERED KE: <br />LICENSES ANDAXES <br />;7? T;; i.l.Vt ~:viv"i HS, %C".":Fi::; 1 iu : i Ni_ ~ 1 r:S T vr~Y Ct C"r~Y , 1954 NIYJ cPit7 1 itiG T Tit Tli 1 ~ i i c T ii <br />CARRIED GVER. <br />DHY OF NPR IL, 1955° ~ .,'A5 UFh E RED yV '+K. 'rat i NBEFt~, SEOONDED tiY ':k. T EBtLL :+ND <br />CAKkiEU UVtK 10 A SPECIAL i.iEEi IN(i IO BE HELD uN FEHKUAkY 2?_, 1953 Ai 7:30 P. .". <br />THE ~rELFARL f?LFURl' FOR THL 1,1GNIH uF ,ANUAKY, 1954 ;vAi i'RE`,~ENiED AND uRDtkED <br />WELFARE REPORT <br />pRESENT'ED i ILED w+1'fH THE t+iINUTES OF -THIS idEE'f INC. <br />iiN i+iOi"ION 'i HE i.iEE'1 ING ADJOURNED. <br />CLERK '~~ <br />-r <br />PRESIDENT <br />