HomeMy WebLinkAboutMinutes 09/04/1952J
September 4;•. 1 11 52. - 4 o Dx Q
"pecial meetin.a of the Council of the Gi_ty of Petaluma
called to order by Rjayor `:'yers D
Mdsent: Councilmen Adams, Bro wn, Norwood, Schoeni noph,
`-chwobeda., Shoemaker, and ':':ayor x "yerso
•R'r 1"A. tNIG OF CALL
'I he Clerk read the ` �a Tar
0. «�e,lnry; of notices :for said
members of the City Council to
4s call for meetinJ the certi_.ricate
r i.ng 9 and -tie consent of the
the hold.i.nc of said, mee:tin� }o
The purpose of the .meeting was to discuss procedures
necessary or involved in the matter of issuing bonds it' connection
with the Citizen B s Committee report on Off-Street treet Parking.
?r. St ephen B. Robinson, Los A n geles attorney, and, authority
on revenue bond procedures, was present, and reviewed for the Council
the tollow-"L. Mg methods of issuing bonds for the purchase of off -
stire parking
o The Parking Lair of 1949, which sets up authority
distinct from the City;
2. The procedural ordinance method, under the pourer of
a City-charter;
3a General obllua-tion bonds;
44 The assessrnen� plansD
h discussion vris had of the various methods which. _rnli7ht be
employed; probable Interest rates; attorney's fees; experience of
o'cI^l(,r cities in 1s. u:i_ng revenue bonds, and the necessity for making;
the . ssu.e attractiVe. to bond purchasers, whereupon the !utter
v "ICIa.ken under advisement until the adjourned meeting of Sept. 8
p , r ,^Y:T9 a
There bein no other business *to come before the meeting,
tI7e me.sting was adjourned at 6 o velock Po " .1a to meet 'Monday, Sept.
.3;12 at the hour. of °✓ o'clock Pa?%
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