City Council Minutes 11-23-1960 SpecialNoffember 23, 1960
Special meeting duly called held this day. Mebbers absent; Klein
Adams.
Motion by Hickman to transfer the present$101000 Certificate of deposit
surplus liquor fund to General Imp. bond fund of 1960 and an additional
$59000 :Wade up of interest from CD,interest from
reinvested bonds, interest from Juran and Moog for period between
issuance of bonds and receipt of money by village, and balance of
$5,000 to be made up bt liquor funds. These two certificates of deposit
to be used for reduction of tax levy against general improvement for
1960. Second by Adamson Yes, Adamson, Hickman, Anderson
Chair vacated to Hickman.
Motion by Anderson to renew the $10,000 certificate of deposit in
General improvement fund and the additional $5,000 certificate of
deposit for 6 months at Wright County State Bank. Second by Adamson.
Yes, Adamson, Hickman, Anderson.
On motion adjourned,
Clerk.
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