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HomeMy WebLinkAbout05-26-1952 Regular MeetingSTATE OF ALABAMA County of Baldwin The City Council of the City of Fairhope met in regular session at the City Hall, Monday, May 26, 1952 with the following members present: Mayor T.J. Klumpp, City Manager C. B. Niemeyer, Councilmen: M. 0. Berglin, R. H. Brown, E. B. Overton and Ira Steele, Councilman Bradford being absent. The minutes of the previous regular meeting and speciAl meeting of 21, 1952 were read and approved as read. y Mr. W. M. Walston met with the Council to apply for space east of the Fairhope Casino for beach concession. Applica- tion denied but space north of Casino offered. Motion by Councilman Berglin seconded by Councilman Brown ' that the building permit of Mr. Lyle Euler be approved as per sketch on file. Motion carried.. Motion by Councilman Overton seconded by Councilman Berglin that the following Resolution be adopted. Motion carried. WHEREAS, the property owners on Church Street from Magnolia Avenue to Oak Street have proposed to the Council that the City pave such portion of said street and that they will pay the entire cost thereof. NOW THEREFORE BE IT RESOLVED by the City Council that the Mayor and City Manager are authorized and directed to pave said portion of such street upon the property owners paying into the City Treasury such cost over and payable at such rate as may be determined by actual cost for each front foot owned by each property owner. Motion by Councilman Overton seconded by Councilman Brown that the following resolution be aftpted. Motion carried. WHEREAS the Single Tax Corporation having proposed to the City Council that the City do all proper grading which can be done by present city street equipment on Magnolia Avenue from Bancroft Street to Fairhope Avenue, on Bancroft Street from Magnolia Avenue to Fairhope Avenue, to place the same'in condition to widen and for construction of curb and Gutters and sidewalks, the Corporation to pay all additional cost of pavement, construction of curb and gutters, sidewalks and engineering. NOW THEREFORE BE IT RESOLVED that the City do such grading and cause such pavement, curb and gutters and side- walks to be constructed upon the Single Tax Colony paying to the Engineer and Contractors the cost of that portion of such construction to be paid by it and giving to this Council written agreement to pay any such additional costs as shall be necessary and proper. Motion by Councilman Overton seconded by Councilman Berglin that the following Resolution`be;,adopted.-Motioft carried. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FAIRHOPE, ALABAMA WHEREAS, moneys are deposited monthly in the Bond Cushion Fund of the Trust Department of the Merchants National Bank of Mobile, Alabama for the purpose of pay- ing outstanding Gas Revenue Bonds and Interest in case of default, and WHEREAS, in accordance with Article V, Section VIII of the indenture between the City of Fairhope, Alabama, a municipal corporation and the Merchants National Bank of Mobile as Trustee_, dated February 1st., 1950, so long as the City shall not be in default, it may at any time from time to time at its option cause any or all of the moneys in the Bond Cushion Fund which the City may determine shall not be needed during the then ensuing six calendar months for the purpose for which.said fund is created, to be invested in any securities which are direct general obliga- tions of the United States of America or which are uncondition- ally guaranteed as to both principal and interest by the United States of America. In the event of any such invest- ment such securities together with all income derived there- from shall become a part of the fund from which moneys were used to make such investment, and shall be held by the depository therefor to the same extent as if they were moneys on deposit in such fund. WHEREAS, the Treasury Department has discontinued United States Treasury Savings Series G Bonds and is issuing in their place a Series K Bond which runs for a period of twelve years and bears interest at the rate of 2 3/4%. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Fairhope, Alabama that the Merchants National Bank of Mobile as Trustee, is authorized to invest accumulated fund s in multiples of $1,000.00 Series K, United States Savings Bonds, Interest Rate 2 V4%. This Resolution to be retroactive to May 20, 1952• Done at Fairhope, Alabama this 26th day of May, 1952• CITY OF FAIRHOPE, ALABAMA : !!� i.., Attest: Marie Moore, Cit Clerk M otion by Councilman Overton seconded by Councilman Berglin that the City accept, with regret, the. resignation of of Mr. Ralph Brown as Councilman due to a change in position which prohibits him from attending Council meetings and other duties of a City Councilman. Motion carried. Motion by Councilman Overton seconded by Councilman Berglin that Mr. J. D. Mason be elected to fill unexpired term of Mr. Ralph Brown as Councilman. Motion carried. Motion by Councilman Steele seconded by Councilman Berglin that the meeting adjourn. Motion carried. Approved_ a or Attest ity Clerk C. B. NIEMEYER. CITY MANAGER MARIE MOORE, CLERK DORIS CREAMER, ASSISTANT CLERK T. J. KLUMPP. MAYOR ALDERMEN. MARVIN O. BERGLIN J. T. BRADFORD R. N. BROWN EDWARD 8. OVERTON IRA N. STEELE CITY OF FAIRHOPE PHONE 4791 FAIRHOPE, ALABAMA May 19, 1952 Honorable Mayor and City Council City of Fairhope, Alabama Gentlemen: F Please accept this as my resignation as Councilman of the City of Fairhope due to a change in position which prohibits me from attending Council meetings and other duties of a City Councilman. This resignation is to be effective May 26, 1952• Very truly yours, Ralph H. Brown vl SFr. J. I. Mason' 'Pa --hcp e , AlU bama Dear Yr. Y asons This is to advise that the City Council has elected you to f-!Il t:lie unexpired ter.,.: of Councilr-an B-ro��r.�n who Poo has resigned, effective '."ay 269 1952, because of a e+' arre in position rhich prohibits rim from attercing Council meeti.r.gs and other ftt es of a City Councilman. The next regular meeting of the Council �-ill be helot on Uonday.June 99 1952 at 7s3C P.t:. at the City Halle ;'ery truly yours, C1`s i U FAlRhOPE City Clerk