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HomeMy WebLinkAbout1943-03-01 Minutes581:; Fayetteville City Council met in regular session, Monday, March 1st, 1943 Present: Mayor Geo.Vaughan, City Clerk J.W.McGehee, City Attorney Price Dickson, City Engimeer E.T.Brown, Police Chief Dan Allen, Building Inspector Henry George, and alder men; Bronsonr Banks, Gregory, Hesford, McRoy, .Sanders and Stubblefield. Minutes.of the regular meeting of February 22nd were read and approved. The following bills were presented, after their approval by alderman Hosford.. chairman of the auditing committee' H.F.Pointer `17.70 Dan Allen `2.00 Sw.Gas & Electric Co. $383.62 Herschel Holloway 17.70' Theo Burns 2.00 Fay Printing Co. 5.27 Linkway Stores 4.70 Bob Day 2.00 Ark.Western Gas Co. 104.04 Jim Gibson 20.55 R.H.Mueller 2000 Rogers Electric.Co. 18.65 Dwite Nickels 17.70 Lige Gabbard 3.00 Arthur. Cassett 16.75,Lige Gabbord 17':70 Com.Radio Equpmt Co. 3.50 Reed-Griffeth Garage 48.60 Hardy Powell 4.00 Magnolia Pet Co. 52.33 Linkway Stores Co. 6.07 Monroe Evins 17.70 ,r Bobs Cafe 17.70 Magnolia Pet Co. 72.60 Drs.Hathcock 3.00 -Alderman Bronson made a motion that the bills,be allowed,.as approved, sedonded by alder man Banks, which was regularly gassed by the Council. Police Chief Dan Allen presented the February report of the Police Department, Poles alderman Sanders made a motion that the report be received and filed, seconded by alder report Stubblefield, which was passed unanimously by the Council. for Feb. Alderman Gregory intrmduced the following RESOLUTION, and moved its adoption, seconded by alderman Hosford, which was passed unanimously by the Council* c �y Copy of Resolution follows: C �! ReES 0 LU T IO N. 1st Nat Bank, Since it is more practical from an accounting standpoint and more effici- City ant and less apt to become complicated in handling the City Funds, we hereby desig- Depository nate the FIRST NATIONAL BANK of Fayetteville, Arkansas, as the depository of all active City funds, and any funds that are transferred to any other rank will be treated as inactive accounts only. All warrants will be drawn on the designa.todddepos.itory,�and when funds are needed they will be transferred from other banks back to the FIRST ITAT- IONAL BANK for currAnt distribution. In addition to, the fact that it is a better method of bookkeeping,less con- fusing and less complicated to use the o ne bank as an active depository, it is also recognized that the FIRST NATIONAL BANK has in the past rendered a service to the City at a time when our funds were terribly depleted and at a time when the cooperation of a bank was sorely needed. We,therefore, feel that it is."good business and to the advan- tage of the City that this plan, which in reality is the present arrangement, be con- tinued. Passed and approved this 1st day of March, 1943. Attest fi'9le, Approved _. 91ty Clerks Mayor • `50,000 Alderman Hosford made a motion that `500000.00 of the AIRPORT IMPROVEMENT t1ransfarrd FUNDS be transferred from the FIRST NATIONAL BANK to the MCIIROY WrIC & TRUST CO., this to motion was seconded by alderman McRoy, and received the unanimous vote of the Council's Mcllroy Bank There being no further business, alderman McRoy moved to adjourns seconded by alderman Bronson, which was duly passed by the Council, and the Mayor declared the Council adjourned'. Attest Approved Clerics mayor