11-13-57 Council Minutes - Laserfiche WebLink

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Regular N~eeting - November ice, 1957 The t:ler'k read a letter from Eugene t~onick, County Auditor, calling the at Pent ion of fihe Council to the fact than fhe Board of County Commissioner's is interested in developing recreation areas throughout the counf~y. This letter requested that the local govern- ing body offer suggestions it may have as to the acquisition and de•~ veloprnerrt of recreation lands by the county. Thi_; !ett~er~ was received and placed on file. T'he Clerk read a letter from Harry Costello, Jr., wr-itfen on bei~aif of his mother who ovrr~s the property afon,c, Edger'ron Street' Ott the West shore of I_a!<e 6ervais where three ofd cottages are located. Mir. Costello stated in his letter that his mother has made arrangements to have these cottages removed and they vrill be removed very soon. This letter was received and placed vn filed lJpon motion by Nadeau, seconded by Vitale, it eras "RESOLVED, That the Clerk be and is hereby in- structed to write to the Doard of County Commissioners suggesting to them that the Costello property on fhe West shore of Lake Gervais would make an excellent recreation area and requesting the Ccwrty E3oard to consider acquisition of that property." Aye:, - 'j Nays - 0 The resolution was adopted. The Treasurer reported that the Villa,c,e now has on deposit in fhe First State E3ank approximately i~>I)1.,000.00. 'fhe law requires that the ban!< must put up securitic> fo guarantee all moneys in e>:cess of $10,000.00. "the Clerk and mire Treasurer boi~h reconuner~ded to the Council that instead of simply leaving fire money in the bank on de- pos'i t vri thout interest, i t would be betto- fo pi~rrci-~ase U.~. Treasur~y~ Notes at interest r~ate> whir_t~i would yield approximately 3.H9~. These officers advisad the Council that they have made tr-ntative arrangements with the First State (3ank to obPain sucPr 1~reasury notes pending appro- val by the Council. Upon motion by Vitale, seconded by Loeffler', it was "RESOLVED, That the Treasurer and Clerk be and are hereby authorized tc purchase U. S= Treasury Noses in the amount of Six "Chvusand (js6,000.00) Do~- lars, such notes to nature not later ttran February Ayes - 5 Nays - n The resolution was adopted. Upon motion by t_oeffier, seconded by Spooner', it was "RESOLVED, That Voucher Nos. ~)J_0 through 9)i.9, inclusive, and Nos. 9'jf t17POUgh gGi~, inclusive, be and are hereby approvr;d for payment as follows: -- ~ -