Loading...
1950-02-07 V'LLAGE OF MOUND Regular meeting of ~ound Village Council was held ~ebruary ?t~h, 1950, with Trustees Pierce, Winkel, White and Bly present ~a~or Davis present but was called away, and meeting was called to order by ~,~r · Pi~oe. ~iinutes of January 3rd and ?th read, and epl~roved upon motion Bly and second by ~.~. Vinkel. l.~inutes of January 9th read, and approved on motion by Hr. W. hit,s, aecond by ?~r. Bly. ~,~inutes of January 18th ~ead, and api~roved on motion ~.~.:.~ !~.r. Bly and second by ,'.,~r. Winkel. ~, ~.~.inutes of January Blat and B3rd read, and apl?roved on motion by ;~.Ir. Bly and second by ?~r. Winkel. Discussion of project :':':10 and Park.~ve. It was found that these csmnot be ~p~ead to be collected this year. Ordered certified to the County Auditor, s. nd iD_'. Bly agreed to take care of delivery of assessment roll . ~ Letter read from :.~_~. Alwin requesting reimbursement for expenses, in the form of car repairs. After discussion, it was decided this could not be done, and Clerk to be directed 'to write to ;~r. ~lwin to this effect. After discussion of insurance policy on the ~unicipal bu~.~dmn~, five year premium on which had formerly been paid in one arum, motion ws, s ma~e ,by ~'...ir. White, seconded by Hr. Winkel, and carz'ied, that this paTment be made in four payments plus an extra !')9.00 added for the privilege of paying in this way, in order ths~t the expense can be budgeted more easily. ~ Recommendation co~eidered, to manager that other insurance premiums be budgeted in this way, %,here possible. FIN~_NCE~ - ~-r. Bly bs~t prepared figures on the de, ficits in the General and ~qoad funds, and explained to the council the resolu- tions he proposed to make in ord®r to put the village finances i~ order for the next two or three months; and after his-explanation and discussion of same, the following resolution was offered by Hr. Bly, who moved its adoption: "RESOLVED, that the Treasurer be instructed to make the following transfers of moneys in the Liquor Fund: To the Road Fund the s~mm of '-'"14,000.00, and to the Gener¢.l Fund the stur~ of ~'?$,000.00." The motion v~ss seconded by I'~.r. White; and. the vote on the motion was ?s follows: Yeas, Winkel, Bly, Pierce, Fhite; lfoee, none. offered the following resolution and moved its adoption: "WHEREAS, the Village of ~(ound is confronted with the situation of having insufficient fzmds in the General ?und and in the Road s-~_~, Brid~e Fund, and Park F~md, ~.,hil~ at the s~.me ti~e it has unnecessary funds in the Permanent Imp_ovem~nt Revo!v~:~,g ~nd on ~.~=ch it iR payin$ interest ~o~e~oney borrowed to create such fund; and, VILLAGE OF MOUND ~WER~a2~.~ ~ .,~.., the attorney _~or the Village. of k~otmd under date of February 3, 1950 rendered his opinion that surplus moneys in the Permanent Improvement Revolving fund might ~ temporarily transferred to the General Wund or the ~oa~. and Bridge Fund, under stated c~itione~ ,~-~ow~. ~,~.,, it is necessary to remove the deficits in the ~,~ner~l~ ~ Fund and the Road & B~idge ~nd in order to'avoid the payment of inte:'est a.Z the rate of five per cent on order~ d~zwn a~.inst ~uoh funds ~nd which would not b~ paid fo~~ want of funds~ and, ..~E~E.~2, the Permanent Improvement Revolving fund ha~ a present balance of ~..ES,403.6G, ali of ~'hich is at present not needed for improvements in ~r~ess nor conte~:plated within the s,vace of seven mon~hs, and which is deemed by the Council of th~ Village of ~[ound to be surplus fund~ during such period; and, W=~RE~ the Co,oil of the Vil~oge o~ m~ound deer, s it d~-*h~= and expedient Zo avoid unnecessary interest, ex,_.~n~_e~ ~ and inconw~nience stated from-the ,Permanent Impz-ovement .Revo~vin~ ,Fumd to the Geners~ .Fund, .the J~oad and Drid?Ke Fund, and tb,e Ps,th }~0W,, .TT-~ER~Fg_~E~ ,BE !T R~t~0LVED, ~h~t t,he %r,e, ae-u.r.e.r..of, tb.e Viila~ off .?[o~d .transfsz~ ,~o~-thwith fro~':' the P.ermanen.t, .Im~rrovement Revo!v lng ~und .the sums desigmated below to the .fun~,s, de~.icnated and flor the ps,lcd.stated, namely: .To,the .Ge~c~,l~ ~d, the s~ of ~t8,.O00.OO,, ~.h.ic.b sim ~All he ~turm~d ~ ~ ,~h~3 Po~mzn~nt Improvement ~o!~in~ ,~u~ ~n or .about .th~, 15th.day of ~eDtembe~, 1~50 by .tr~n~~n~ ,~5,000.00 f~om . th~, Liquor, ~d and ~3~000.00~ fro~ the ~ne,~al ~md ~t the .~im~,of~the.tax ~ettle~ent received f:,o~ .the ,~,c~ty Treasurer .. T~h~. Road.and ~.~4~,~ ~d, the ~.'~,~ a~ .%2,.GG0.00, which , ~shall.be.~oturned to the Permanent I~p~o~amant ,Rev. olving Eun~! on or about the 15th day of c=~tem~r,~.1250, from the Road .. ,o~idge ~.nd~o+ the time of ~h.~. ~,~.x settle.memt received . ,from.the. County Treasurer in Septambe~,,,19,Sd.. . ,~.$ho .:~k F~d, the ~ of :']500..00, ,w~c:a ah~lz be returned ,$o.th~.Permanent Improvement RevolvinE ,~.~ .by the Park Wund at the time off the tax s~tZl~ment ,received .f.~om ,the, County Treasurer during 2eptem~r, 1950 BE IT ~omww,~ RESOLVED, that the Treasurer of -'h~~ ':~o,~ .......... , V~ .....~e ~ ~=7ound make ~r~ch reco~ds smd p~ovisions aa may be required to record the transfe'rs a!~ve authorized, and to assure the return of the ~ transferred to the Permanent Improvement ~e?olvin~ ~.~nd on or before the 15th day of 9eptem~, 1950, ~h~ motion was seconded by ~[r. !~?~ite; and the Vote on the motion ¥~ae as follows. ~e~s - ' ~. r W?.ite ~ces - none. · ~-:~. r~;~nk~i, ~!], Pierce, .. ~ ~M. ¥?kite offered the following resolution and r~oved its adoption: "R~ s o iv ed, ~a~ the V~!a~e Attorney be re-u q c~,em to 'a~lvise this council in writing as' to t}.e le~'ality of trsnsferring the surplus now existing in the 9pecial~-~ee='~:~ent Fund VILLAGE OF MOUND ovec and a'c~v~ tk,~ ~ '~ ~r qertifioate~ .~. Ind~btedne~'.~, with .. v .... ~ he, in[[ Yeas Winkel, ~Thit~ ?itroe~ i.~oes - none ,, :..~,~ disc f, ILLS- '" ticn made, by c~.rried, zhat 'th,a followin~;' Tonk~ Eleo%ric Co ........ $20.~0 Bud~ s Pure Oil Sta ....... 41.9~ P~ndorf Hotor Co ......... Spring Park Hdwe ........ Z.]_O !:arkson Co ............... 3.50 Bad[get tJeter L[f[t Co ...... 53.29 State Ba~k of l,~ound ...... ~.50 Frank Blackowlak ......... 13.50 Suburban Henn Co Rlf Bd.. 52.52 Streater Lbr Co. ......... 20.21 H. A. Bly ............... 3.5~ James A. Bunn ,. 3.50 !l~ters%at e S tandar~ 0il Co ......... Philbrook A~~v 5 00 Pure 0il Co.. ............ 30.75 Fr~nc es Ponsford ........ 15.00 H. E. ~7olner ............. 40.00 A~dre,so~raph Sales .. 3 05 Phillips 66 Sta ......... ~2.61 Coast to Coast ........... 39 Smith ~,[otors .. g.~17 Pure 0il Co .............. 69.85 I~ound Hdwe .............. 162, 30 "?.it,o, second~d bT' "r. Lly, and bills ~':e Ros enwald Cooper .............. $5.67 Finley I[otors ............ 5. J~mes Krause ................. 5.00 Gcc Blatzheim ................ S0.O0 S. P. ~.~ ~ ............ !0.00 Coca Cola Bottling '''..11[.11 ~0.S4 Seven Up BoZtlinf~ ............ ~!9.08 ~rter Bev Co ................ Chaske Bevera~je .............. ~79.48 Purit[, Beverase F Ifannins & Anderson ........... ~27.50 Canada Dry G~R ~le ............ ~ ~!.61 Etka Beverage ................ 33.49 Story Beverage ................ 5.35 Palmer Distrlbutinj Co Pabst Sales Co ................. OS. 51 L[orris Dostrib Co .............. ~0.34 ,uckesso~ Ro'/bins ~o.. ...... . o~ 70 -o .... e Distrlb .......... j234.50 Famoun~ Brands ............... '~gl.17 Grig&,]s Cooper Co ............ ~2!~1.71 First Nat'l B,onk Mp!s . ...... ~3J.00 American Linen Co ............ After some discussion as to 1950 relief agreement,and, whether the former method best. Tabled to ,,~:,.rch :?e[~u!ar meeting. ~,Vith reference to G. No's share of Park Ave. Curb & ,~tter, a letter had Been sent to Co. Hi-way Dept for this information but the answer did not specify Just Curb & Gutter. Further information to be requested. ~,~otion by White , seconded by Winkel, that space be ourchased in o~_e IItka Pilot for public acknowledgement a.n~ thanks to the citizens advisor; committee for their work.in selection of a I.,,':anager. [Ir. B!y acreed to write this. Carried. VILLAGE OF MOUND I165 IvIr. Pierce stated that on some insurance ~o!icles where they are wrltten by an a~ency i~ the vll!ase, a part of the premi~ ls returned to the ¥1~lage Flre Dep]%., and[ that this £ac% should. ~-n some way be publicized. The matter was to be checked on for future reference. Mr. ~Volner was asked to ad~?~.se the Councll of the status of Gordon Batdorf, whether or not he defaulted by not certifying his acceptance within a stated period. ~[r. Bly re~:orted that ~r. Storey and bls fatally would arrlve Thursday or Friday. Upon motion by ~Vinke!, seconded by '~Vhlte, the meetlng adjourned to Saturday, Feb 11, 1950 at ~ 1~.,',[. Carried.' Adjourned: 10:15 P.M. Att e~t : acting C~erk Vf. I. Davis Eayor