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i41.1V 07.'.h ~b
<br />C:i.ty Gptil~ci.~
<br />S~:~te~ribex 30, i)81
<br />'Trie i~ity C1.Frit ir.aSormed bnc; Ooux~.c~J.. ckta,t t:rzere as a, eox.it'~soen.cy
<br />~.~or.~tion in ~tiae oudge~;, The Ci~l;y~~s a,uGitors aa.ve .r.~ecommcrzded tkia.t,
<br />tl:ii.s f'und con'tain a ba..Lancs c>].' ,.j250,000 by 1.985,
<br />alr, luclaa.x~ii ~~~oss, :ix~o, ckte Cizyv~; 1'~_re (:hief9 ti~.pe;ar.ed beio.r~e the
<br />Couxzcala i~~ir, ;sors statE3c~ tlzt:rt b.e ;aoul.d 1i:ce ~Lo a,sic the Council tYza;t
<br />tYaey cons~_c~er inar.ea.siz~.g the 1llotiaan.ce fox nF;za eqai~raeni. _in tlir~
<br />l:ise k~rotect~~orz por.•Li.on oi' ckie C~iy budF;et, `.C'he :Ea.re I)e~a.ri:raez~t
<br />is u:ceseni::t.y sEtt;~xig a.sicle :~79000 pe:r,~ yeax• i'o.r i,he ~truck S'un.d,
<br />l:ue ~;o i.riFlatios~ A°.~r< :doss dica not Feel tiha,C th~..s ~mAOt~nt i•~as a.dequ~;t;e,
<br />,.ic~, iiransora a.siced t~:r, i;oss ,rha.t ~ae thout;ht the cost o~°. a, sae~a :P:ire
<br />~xuc,.< ra:i.~;ht be, ii:r, ~ioss estuarzted t,tze cost at S~ts0,000 'co i~tS~s000o
<br />~-1rs> Sctilze asASed r,r, Boss iF Lhe F:ixe De.~~a.r'~rriesat has ever conba,cbed
<br />i;h~; ~Lyons o:.r o~Lhex~ g:rou~s a.uoul; dona.i;ing ~':i.re e<Su.:ipmen~ ~to the;
<br />li~~a.a~traenb, r7r, ~3oss sis~t,ed tha:t they ia~d not arad had :aevel b~:en
<br />, ,
<br />B,AJ~;JS'0?CLIeCj pf 1:1858 t;Y'OUjJSo
<br />a~lx:;, iu~.x•dini s~tttiGed ~bhat she :cnows thE t~iiciway ~,Joszs ki~:ae doxza~ed
<br />several. paranzodic v~ti.ris, i~irs, tVa~~din:1 sia'ted tb.at b7ii;, ~;roui~ kia.s
<br />been ak~proa.ched £oz• ~Ci~ese c7onatioz~s,
<br />i~;r, Jso.s st;a:ted l;haL o'tkaer c:it:ies ha:ve sold 'ooxads r'o.r ne*.~ f':ir.e
<br />equi~ra~nt and turneci j,hern over to 6he:i.r. Firc L'~pn,rtmezz~s,
<br />r9.ayor Ela,czrdon stated ~xia~ the Gity ha.~t r~;cen'tl~r stx~etched ihe:i.r
<br />bondin~; ca,~aci'vy and ;~erna,~s should consider bud~;etin~; :;>10y000
<br />S'or z~e~a equik>rnen~;, :i'erh~t;~,s i.i' the C_ity budgete~i ;,10,000 over a
<br />fitre yEar k~~riod this wonld oo ~trie solu~:i.oxz>
<br />`l'k~e City Clex~is inJ'or.rned t2~e Couz~cil that thc (.exzera:i. lund Levy
<br />f'or 1932 is :;S3Z9,~T90<00< 9.'hat is tkze City~ s 1:iarz~.~i;a,t:i.on,
<br />`t~ix~s, Sca:ize as~eci tk~e Cii;y C1e.r:c N,hat an~ou~rL the Councii rnust cut
<br />lronz ~bne bu~igeta 'lhe C_~~ty C-~orx stnted ~t:Aa:P; i.ti t.tie Couxicil cu~h,s
<br />arxytxiing f'rom t}ae bucl~et thoy rnust deteran.l.ne vih~t ~;hey war:t to do
<br />c•ritkz Ltaaf; rnoney, :i.f i:hcy vra,a~t to e:l.S.m%.x~.aCe it fx~orn the buc~~et or
<br />N1ac,e it in the r,or~'r,:i.ngexicy Auza.d, "ihe L':ity CJ.eric agai.rx st~:ced
<br />that 'i,he .,~~udi'core woul.d ;t.ilce to see a con'binge.rzcy fund o~° 5~~09000
<br />izx a.bout £o~~ years,
<br />aciayor Hazison isiforrnecl tkae Counc:i.l tkz~:L 'the 1)f32 :(3ond l:,evy is
<br />vo70~2J.0,00< `.2he City C].er:s ex~:lairxed the va.r.:ious bond levies
<br />to the Councai,
<br />i°layor xianson poizated out +,kiai; t,kie Cit,y rrAadE al:>prox:ima,tc;Ly $99y000
<br />A
<br />a.cz .,.Xitex'est ~;his ye~.r~ on i~.s :i.nvestxnerAbs, I'kiis anoney ~;oe:s inl:o cne
<br />Cityo s s`Gxixing fuzad,
<br />~'he Oity Clerxc in£ormed ~t;he Gouz~cil tha~.; the bond;, o~ 1976 t~.re:
<br />carryin~ ttxemselves l~g the ixri.eres'L,
<br />J:he Gity Caer.k stated tkza:t o.~ t'rxe $ib709000 oi' bonc~ levy9 tlae Sta:te
<br />.aiz:1. ~icic up appxoxtnaa~tei.y~ 1~3% throu.gkz ilornesteaa Credi.ts,
<br />k'a.ge ~5-
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