HomeMy WebLinkAbout1962-06-06
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Bozeman, Montana
June 6th, 1962:
The Commission of the City of Bozeman met in regular session in the Commis-
sion Room, City Hall Building, Wednesday, June 6th, 1962 at l:UO o'clock P.M.
I Present were Mayor Staudaher, Commissioner Sedivy, Commissioner Morrow, City
Manager Cutting, City Attorney Berg and the Clerk.
The-following proceedings were had:
Minutes of the last regular session were read and it was moved by Commissioner
Sedi vy, seconded by Commissioner Morrow, that the minutes be approved and the
motion was carried by the following Aye and No vote: those voting Aye being Mayor
Staudaher, Commissioner Sedivy and Commissioner Morrow; those voting No, none.
Commissioner Sedivy's Absence from June 13th and 20th Meetings Authorized
It was reported that Commissioner Sedivy would be absent from the regular
meetings of June 13th and 20th, as it is necessary that he attend the National
Guard Encampment at Helena, Montana. In compliance with Chapter 2.08 of the Boze-
"
man Municipal Code, it was moved by Commissioner Morrow, seconded by Mayor
Staudaher, that the absences of Commissioner Sedivy on the dates mentioned be
authorized and the motion was carried by the following Aye and No vote: those
voting Aye being Mayor Staudaher, Commissioner Sedivy and Commissioner Morrow,
those voting No, none.
I Cancellation of Gas Fitter and Plumbing Bonds -- Gallatin Plumbing & Heating
A Ie tter from the bonding company reques ting tha t cancella tion of the plumb-
ing and gas fitter bonds of Gallatin Plumbing and Heating, Belgrade, Montana, be
approved was presented. The City Manager recommended that the City comply with
the request and it was moved by Commissioner Sedivy, seconded by CommiSSioner
Morrow, that'the cancellation of the bonds effective as of June 16, 1962, be
approved and the motion was carried by the following Aye and No vote: those
voting Aye being Mayor Staudaher, Commissioner Sedivy and Commissioner Morrow;
those voting No, none.
Examination of Depository Bonds
The Commission proceeded to examine the Custodian's Receipts for Depository
Bonds held by the Director of Finance as security for City funds deposited in
Bozeman banks. It was moved by Commissioner Morrow, seconded by Commissioner
Sedi vy , that the securities be approved and a list thereof be set forth in full
in the minutes of this meeting and the motion was carried by the following Aye
and No vote: those voting Aye being Mayor Staudaher, Commissioner Morrow and
I Commissioner Sedivy; those voting No, none.
(Continued on Page No. 90)
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90
DEPOSITORY BONDS & SECURITIES
Total
Arnoun t
FIRST NATIONAL BANK, Bozeman: $ I
Federal Deposit Insurance Corporation 10,000.00
Trusteed with Federal Reserve Bank of Mpls.:
U.S. Treas. Bds. of 1965, 2-5/8%, due 2/15/65 100,000.00
U.S. Treas. Notes Series A-66, 4%, due 8/15/66 68,000.00
U.S. Treas. Bds. of 1971, 4%, due 8/15/71 100,000.00
Total $ 278,000.00
GALLATIN TRUST & SAVINGS BANK, Bozeman:
Federal Deposit Insurance Corporation 10,000.00
Trusteed with Federal Reserve Bank of Mpls.:
U.S. Treas. Bds. of 1967, 2~, due 9/15/72 2,000.00
School Dist. #2; Yellowstone C., Mont. 2.4%; due 3/1/67-68 25,000.00
U.S. Treas. Bds. of 1967; 3-5/8%; due 11/15/67 25,000.00
Total $; 62,000.00
SECURITY BANK & TRUST COMPANY, Bozeman: $
Federal Deposit Insurance Corporation 10,000.00
Trusteed with Federal Reserve Bank of Mpls.:
U.S. Treas. Bds. of 1980, 3!%, due 11/15/80 40,000.00
U.S. Treas. Bds. of 1967, 3-5/~%, due 11/15/67 196,000.00
U.S. Treas. Bds. of 196B, 3-7/8%, due 5/15/68 26,000.00
Trusteed with Nat'l Bank of Commerce of Seattle, Wn.
U.S. Treas. Bds. of 1966; 3-3/4%, due 5/15/66 123,000.00
Total $ 395,000.00
This is to certify that we, the Commission of The City of Bozeman,
in compliance with the provisions of Section 16-2618, R. C. M., 1947 have
this day examined the receipts of the Federa~ Reserve Bank of Minneapolis,
and the National Bank of Commerce, Seattle, Washington, for the Depository I
Bonds held by the Director of Finance as security for the deposit of
city funds held by the several bank of Bozeman and find them to be as
above stated, and are hereby accepted and approved.
5/ Fred M. Staudaher
Me yor
S/ Edmund P. Sedivy
Commissioner
S/ R. Harry Morrow
Commissioner
Dated June 6th, 1962
Reports
The following reports for the month of May were presented:
Disposal Plant Operator Li bra rian Building Inspector
Police Judge Fire Chief Cashier
Chief of Police
The City Manager commented on the reports and recommended their approval.
It was moved by Commissioner Morrow, seconded by Commissioner Sedivy, tha t the
reports be approved and ordered filed and the motion was carried by the fOllowing
Aye and No vote: those voting Aye being Mayor Steudaher, Commissioner Morrow and I
Commissioner Sedivy; those voting No, none.
(Continued on Page No. 91)
91
I Claims for the Month of May, 1962
Claim No's. 3179 to ~, inclusive were presented on the various funds
as fOllows:
Fund Amoun t Fund Amount
-
General $19,848.12 S tree t 5,4uO.65
Water 12,624.59 S.D.S. 2,298.47
Library 2,120.41 Park 4,392.01
Cemetery 4,497.21 Band 46.80
Garbage 5,306.43 Parking Me ter 1,168.75
Police Reserve 528.80 Cemetery Suspense 150.00
P.E.R.S. 905.30 Planning Board 24.UO
SIn Revolving Fund 452.38 SID's. 438.19
Airport 500.00
Total $60,702.09
The City Manager stated he had audited the claims and found them to be
true and lawful claims against the City of Bozeman and recommended that they be
approved and the Director of Finance be directed to issue warrants in payment.
After examination of the claims in detail and checking against the claim register,
it was moved by Commissioner Sedivy, seconded by Commissioner Morrow, that all
claims as presented be approved and the motion was carried by the following
I Aye and No vote: those voting Aye being Mayor Staudaher, Commissioner Sedivy
and Commissioner Morrow; those voting No, none.
Adjournment
There being no further business to come before the Commission at this
time it was moved by Commissioner Sedivy, seconded by Commissioner Morrow,
that the meeting adjourn and the motion was carried by the following Aye and
No vote: those voting Aye being Mayor Staudaher, Commissioner Sedivy and
Commissioner Morrow; those voting No, none.
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ATTEST:
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Cler, e ty Connnission
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