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230014ORIQINAL TO CITY CLERK PRESENTED BY COMMISSIONI 4 CITY OF ST. PAUL OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM COUNCIL 23001-4 FILE NO. WHEREAS, funds provided for garbage collection and disposal are depleted; and WHEREAS, thelicollection and disposal of grbage is essential to the public health, welfare and safety; now, therefore, be it 1 RESOLVED, that the Mayor and Comptroller be and they hereby are authorized and directed to borrow a sum not to exceed $100,000 andl,to execute and deliver—to the party,or parties making the loan a promissory note payable to such party or parties bearing interest at the rate not exceeding five per cent (5;) per annum, said note to be payable one year from date of execution thereof; and be it FIIRTHER RESOLVED, That the funds so borrowed be credited to GarbagelRemoval Fund, Activity Code 0271 R, all of the said Fund to be expended for the purpose of garbage removal and disposal; and be it FINALLY RESOLVED, The Sinking Fund Committee shall negotiate a loan in the amount of one hundred thousand dollars ($100,000). Funds to meet this loan are to be borrowed from the General Fund surplus. Payment of this loan is to be accomplished by repayment from subsequent years' budget funds within;,foreseeable revenues, through Charter amendment or through,legal means which may be authorized by other legally constituted bodies. COUNCILMEN Yeas Nays Carlson Dalglish Holland Meredith Peterson Tedesco Mr. President, Byrne Asst. Corporation ounsel SEP 21966 = Adopted by the Council 19— Ann roved SEP 2 196 19— �In Favor t Mayor O Against PUBLISHED SEP 10 196 22 DUPICICATE TO PRINTER I 23001-4 CITY OF ST. PAUL O NCIL NO. (OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER I DATP WHEREAS, funds provided for garbage collection and disposal are depleted; and WHEREAS, the collection and disposal of grbage is essential to the public health, welfare and safety; now, therefore, be it i RESOLVED, that the Mayor and Comptroller be and they hereby are authorized and directed to borrow a sum not to exceed $100,000 and'to execute and deliver to the party or parties making the loan a promissory note payable to such party or parties bearing interest at the rate not exceeding five per cent (R) per annum, said note to be payable one year from date of execution thereof; and be it FURTHER RESOLVED, That the funds so borrowed be credited to Garbage,Removal Fund, Activity Code 0271 R, all of the said Fund to be expended for the purpose of garbage removal an&Idisposal; and be it FINALLY RESO�VED, The Sinking Fund Committee shall negotiate a loan in,the amount of one hundred thousand dollars ($1009000). Funds to meet this loan are to be borrowed from the General Fund surplus. Payment of this loan is to be accomplished by repayment from subsequent years' budget funds withinjforeseeable revenues, through Charter amendment or through legal means which may be authorized by other legally constituted bodies. COUNCILMEN Yeas Nays Carlson Dalglish Holland Meredith In Favor Peterson Tedesco Against Mr. President, Byrne See 21966 Adopted by the Council 19— SEP 21966 Approved 19— Mayor 22 I r a OFF( CE'�� -,OF TH CO PAUL ALL JOSEPH J. MITCHELL �' ■•• CITY COMPTROLLER I September 2, 1966 I Honorable Mayor Byrne and Members of the City Council I Gentlemen: I' t SAINT °® MPTROLLER MINNESOTA 5 5102 JOSEPH P. LA NASA DEPUTY CITY COMPTROLLER On January 27 of this year the City Council, upon recommendation by the Department of PubliclWorks, and with my approval, transferred $100,000.00 from the Garbage Disposal account to the Snow Removal account. I feel that Garbage Collection is an absolute necessity and it would be dangerous to the health o`f,the community for this City to deny providing this very necessary service. The means to provide this (service must be found. I I recommend borrowing $100,000.00 from the General Fund Surplus. �mind The Council should bear in that if the receipts needed to support the 1966 budget do not come in, the General Fund Surplus will be further reduced. I advise the Council to recognize the potential consequences of a completely depleted General Fund Surplus when they consider using a portion of it to t. finance the very necessary Garbage Collection service. i t Respectfully submitted, Joseph J. Mitchell City Comptroller JJM /dn