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NiliV UTL;S <br />City Council <br />fiugus t 12, :L981 <br />morxey collected in par:t charges must be placed in a specia]. fund <br />and used oxily 'F.or ihe pur~ose f'o.r which it ~ras obtained, <br />Isars, Scalze suggested thab the ordinance be amended to provide <br />that the money being collectec] be used for land acquisitaon. <br />i~ir, I~'ahey suggested that the Couz~cil not amend the ordinance and <br />leave it up 'to the discretion of the Coux~cil as to what the nioney <br />should be used for. Fahey stated that h~ was not in f'avor oP <br />using tkie money £or other than land acquisition' but that the <br />Cotuacil shoul.d not tie its hands> <br />i~Ir, Fianso~ suggested tYz~t Counci~unembers study th:is proposal £or <br />a whiie, <br />kaxk liayor Hanson expressed concern tha.t the letter sent out recently <br />Corrunission by the 1'arlc Cormnission requesting the donation o~' land .from some <br />~ity resi~lents £or bilce trails was sent out 'to some peo~le who <br />should not have received 'the 7.etter, IIanson £elt that arzy letters <br />goin~ ~ut on behalf of 'the City should be reviewed Y~y the Council <br />be1'ore they ar~ ~~n~ out, <br />It was the concensus o~' the Counci:L that as long as these lettexs <br />do not violate City Ordina~ces, the various advisory comm9.ssions <br />oF the City should be a1:Loti~rea to send out letters wibhout Council <br />xeview, <br />F'lanning I°1xs. Nardini ixiforrned the Council that she 7~i11 be reviewing the <br />~ommission attendance o:f the ~'lanning Commissi.on members, <br />ppproval 'Phe City ~uditox~ previously recomrnended tkie approval of several <br />Of City f'inancial. institutions as City lleposi'tories so that the City <br />De~ositories could obtain the greatest return on its investments by investin€; <br />with the institution o~'~'era.ng tYie highest .re'turn. <br />7'he City Clexk submitted to the Council a list of depositories <br />he would lilce :~pproved as City depositories> <br />Naro I~'ahey i~at.roduced the £o1:Lotiaing resolution and moved its adoption: <br />ft~SOLU`PIOiV N0. 8].pS~La21 - APPHOVSNG `1rIG FOZS.OtivIIVG <br />INSTI'~'UTIOitiS AS CI`L'Y llliPO:iITORIliS; NORTHU~;S`Pr;i?.N <br />NA`I'IOIVall~ BANK9 k 1t~S'1' E'liD13~24~L SAVSNGS AND LUAN <br />ASSOCIATION9 1IURTFIEiZIQ F'~DENAli SAVIIVGS ~1ND LOAN <br />ASSOCIATION, E1i°lER]:CAN NATIGNAL BAIdK & TRUS`i', FaND <br />i~iIDu'JAY IdATIOIQAL BANiC <br />The fo.regoing resolution was duly seconded by t~tr. Hanson, <br />Ayes (5) Fahey9 Hanson9 Forsbern~ Nardini~ Scalze. <br />IJayes (0), <br />HesoLution declared ado~ted. <br />`i'his resolution appears in Resolution E3ook ido. 79 Pages 2S5 and 286. <br />Page -20~ <br />