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HomeMy WebLinkAbout10-22-1934 Regular Meetingr LA PORTE CITY COUNCIL OCTOBER TWENTY TWO 1934 It2eeting was called to order by Mayor H B Harrison. All members of the council weae present. Minutes of the previous meeting were read and approved. The following bills were approved and ordered paid. Sou. IN Bell Tel. Co. w10.95. Wilson Sta. and Ptg. Co® ~~3.55 1!?r. C UV Austin of the firm of Harby Lyon and King was present and submitted to the council an outline of his set up and his proposed letter to be sent to the Bond holders in connection with the refunding program being undertaken by the city. Ald. Counts made a motion which was seconded by Ald. Lawrence that the council approve the work done by P~Tr. Austin as presence d by him. Carried. REGULAR MEETING Ald. Counts offered a motion which was seconded by Ald. Lawrence the our Fiscal agent be authorized to negotiate settlement on past due interest coupons on a basis of 90~ discount or a exchange for Bonds. Carried Ald. Counts offered a motion which was seconded by Ald. Agee that the First National Bank of La Porte be designated as the Depository of the cities funds. Carried. On a motion by Ald. Counts and second by Ald. Sharp the council agreed to pay the premium on a Surety Bond for the Assistant to the City Secty. Carried. The City Secy. and water Committee was instructed to negotiate with bTr. Jno. Stadler pertaining to water service for the residents of Bayridge. No further business was taken. ~~ to come before the council adjournment Mayor