HomeMy WebLinkAboutCity Council Minutes 10.03.1961 (3)Minutes of the City Council of Laurel
October 3, 1961
A regular meeting of the City Cotxnci of the pity of Laurel, Montana, was
held in the Council Chambers, and was called to order by Nlayor John Beslanwitch, at
7:3~ o'clock, P.M., on `~uesday, October 3, 1961.
Upon roll call the fo1loT~ing aldermen answered ~re~ent:
Jacob Ruff Roy Edwards henry Kaiser Gerald G~.ss'
Cecil Nave Harold Filson Steve Romee Kenr~eth Olson
This being the time and place for the apenin~ of bids on ~3~?C~,~'('~.C?0 Sewage Disposal Plant Bonds, Mayor Beslanwitch stat,~d that we ~rould dispense with
the reading of the minutes, temporarily, and proceed with the opening of these bids.
Mayor Besl~.n~ritch thin asked Thomas L. Bradley, the City l~ttorney, to preside
at this meeting for tl-ie purpose of hearing these bids. the City L1erk stated that
there were no sealed bids received by her office, whereupon Mr. Bradley asked for an opening bid. B. Myer Harris, representing the Ye1.1Gta~~one Bank, Cr~org~ K. Baum &
Company, and otYiers, opened the bicxding on the basis of straight across, with extra
ccups~n5~ the bidder to stand the expense of the imprinting of the bonds and the
attorney's opinion, subject of colz~~e to the approval of the Attorney General. Nis
first bid c,~as ~7.~?~0~`(?.Of?~ or 1~~. J.A. Hogel, Incoz•porated then offered the same
ccsnditions, also the other bidder, Piper, Jaffray & Hopwood. A].l bids were accompanied by Cashiers ch~;cks in the amount of ~30,~00.00 or more.
Piper, Jaffray & F~op~rood, being the second bidder, offered ~122,~00.~0.
Fio~le, Zncorporat~d, then offered ~121,90~.0(?.
As each bidder had an opportunity to bid consecutively when Node's bid reached ~115,9~~.~~, the Yellowstone Bank asked for afive-minute recess. Mr. Bradley,
as the presiding officer, granted this recess. Upon re-convening the meeting the
Yellowstone Bank continued the bidding with ~115,800.0~. Upon Piper, Jaffray ~C Hopwood
bidding ~11.5,~On.OO, another recess was requested by J.A. Hogle, & Company. Recess
was granted by Mr. Bradley. Upon re-convening the meeting, Hotel & 'Company bid
~i~.5,3~~.~~, the Yellowstone Bank, ~115,20C?., and Piper, Jaff'ray ~c Hopwood ~11~,100.0(?. Hog1e & company's last bid was $11K,0~0.00, upon which he passed for further bidding.
The YEllo~astone Bank's last bid was $~11~.,7n0.~~ or 3.Z3~• Upon which Piper, Jaffray
& Hopwood bid a final. bid of $11?~,6~`0.(30, or 3.7268, with a ~21C`,OC? prem1_um.
After discussion, motion was made b~ Ruff and seconded key Nave that this
bid of Piper, Jaffray & Hopwood be accepted. Motion carried.
Motion was then made by Kaiser and seconded by Gass that the City 'Clerk
return the Cashier's checks to the unsuccessful bidders. T~otion carried, and the
members present picked up these checks.
George Fox, the representative for Piper, J~ffray & Hopwood, r~que5ted that
the transcript of the proceedings be forwarded to Piper, Jaffrey & Hopwood, 115 South Seventh in care of Ruth Cranston.
RES~LIPI'I~N 12Q0
A I~ESOLUT:CON PROVIDING FAR THE SALE OF $300 ~OQ.00 of General sewage
Disposal Plant Bonds of the City of Laurel, vellowstone County, Montana, to Piper Jaffray & Heapwood of Minneapolis, T~iinnesota, was presented.
President of the Council Ruff started reading the minutes of the previous meting ti~rhile the City Clerk was absent for a few minutes. After the receding of the
minutes, Kaiser made the motion, seconded by Nave that the minutes be approved as read.
Motion c<~rried.
C7..aims for the month of September were pr~5~nted for approval a~s follows:
John Beslanvaitch 60.0 Jacob Ruff $1(!x.95
Laurel Outlook 8..35 Mountain States Tel. & Tel. 90.28
Ce1by Ike-Print x.8.68 Gasoline Street Mores 10.10
Gaylord Easton 15.~Q Volunt@er Fire Bept. 131.00
Laurel Servicenter 8.89 Montane. Power Co. 8~.1q
Montana Dakota iJtilities 6.75 Laird Radio Electric 16.92 Laurel ~r~ater Dept. ~i.75 Laurel General flznd 2.00
L~ure1 Street Dept. 10.50 Roscoe Stee_t & Culvert 163.28
Leanne Hirsehfelt; 1~.~~ Far1 Crow 12.00
Alex Vogl. 8.1J0 Williams Agency 1~q.40
Laurel General Fund ~3.~0 Laurel Wat~:r Dept. 32.50
J & W Blacksmith Shop 3.~0 ZnlestPrn Construction 65.3. Gambles 4.9i Gasoline Street Stores 121.98
Sm-~th Super Service 8.15 Farmers Union Cent. Ex. 13. 5
Minutes of the City Council of Laurel
Krug Brothers 77.00- Za.urel Auto Farts 6.41 Allie ~ s ~iard~rar~ 7. f37 Zaurel ~o-op 17$.l$
Standard Oil 129.50 Williams Agency 4y.l~G
t~T.M. Baker 50.00 Laurel Water I}~pt. 17.25
Laurel Street Dept. 41.0 Peter D. 2'hom.son 5.00
Mountain States Tel. & Tel. 3.2~ Yellowstone Valley F,lectric x.3.55
Gambles 2.70 Gasoline Street Stores 1.3.0
Farmers Union Cent. Fx. 107.l~8 Krug Brothers 90.00 Williams Agency 2.15 Montana Dakota Utilities 2.~5
Thriftw~y l~.17 J~ari Karr & ~o. 13.72
Coast to Coast 1.80 Williams Agency 2.15
Bertha Gehrett 15.0 ~,aurel Water Dept. 6.~0
Allies~s Hardware 2.70 Laur„1 Udater Dept. 2.00
Lau ref General Fund 16.00 Mountain Stags Tel. & Tel. 6.25
Montana Dakota Utilities 33.35 Northern Pacific Railway .37.15 Montana Power Co. 29.21 Gambles 65.3fl
Gasoline Strut Stores l.(?~. Allies Hardware 8.76
McCormieks Food Mart .5l~ Williams Agency 2.15
Laurel nutlc~ak 29.('0 Black & Veatch 18~7Q7.2lt
Northern Testing iab. 628.~i3 John Strauch 1,~1.~0
Treater Departr~~nt 2.,~~ street ~epart~ent 3.pp
Peter D. Tho~aon 4~.~ Montana Power Company 2.74 Str~a~t Stores Gasoline 1~.9~ Gamble's l~.669 16.39
A11i~'s Hardwares 9.89 Big D3.teh Company .~0
T~filliam~ Agcy' lt. ~9 Qreneral F`~ind ~..0
l~ontar~a Power Company 88.8 A11ie'~ Hardware 29.83
American Playground .61 Montaz~. Dakota tTtilities 19.95.
Montana Poorer Company 17 . ~l All.ie' s Fiord e 5.6 JaYuiston' a ?~..9~ A113.e ~ s Hardwares 3.8~
Johnmston's 25.79 Montar~s Power company 'j1..13
Mt. ~t~. Tel. & Tel. 11.OU Montana Dakota Qtilitie~s
T,aird Radio E1e~etric 29.?4 street Stores Ga~ol~.ne 56.97
I~1's Conoco ~.OD 3tantiard Service 1.513
Laurel Auto Parts 7.~2 ~tan'~ Machine ;mop 8.75
Dave's ~lobiZ ervic~a 3.25 Gamble tc~ress 8.68 Cash & Discount 7.86 Willia~n~ ~gersc~ 6.~,
Eity of Bi113r~,gs 30.44 Dr. I~. J. Ra~~elot 10.E
National Cash Re~i~tear 193.20 gan ~dat~r~ & Rc>~~rs 195.QQ
Nit. Sts. T~7.. & T~1. 38.2 Mcantana Dakota Utilities 11.10
Yellows~eane ~Tal1.~y E7.ee. ~.OD Niontar~ Power Company 11, 3.93
Hex~.a.n Schessl~r 1.?~.7.2~ Ha11 Jewellry 7.~4 Allie'~ Hardware 19.37 Laurel Cooperative 16.6
Strut D~p~.rtm~nt ~.2~ Genera]. end 8.~0
Laurel Servicent~r $.7~ R.a.Woodar~ Ins. 1~.
J 6c Z Body Shop 28.19 Street 5tor~s Gasoline 69.x].
P~iontana Wilding Z3.5a Laurel. Auto Parts 21,10.
vall.e~ ~elder~ Suppler x.68 Zaire Radio' ~l.ectric 2.80
bdilli~s l~gency 98.80 ~r3,nne7.1 Co . of the Pacific 11. b9 L.E.Conner 3~}.f~0 Water x~splac ent 18l~.80
Farmers Union 19.x.0 Iiex~an uche~~ler 6 .62
Gasoline Storey Strut 7.51 D~~ance a.M.C. 1.12
Laur~1 Servic~nter 1..01 I,aure3. Gooperativ~ T.3~
Street Department 5.~0 TnT~.ter-Dep~.rtr~ent 1 .44
street ~tor~s Gaso3ine 22.53 DeFr'ance Q.M.C. ~ 3.37 I,aur~l Cooperative l~.OE~ La~.re1 ~ervicenter 3.0~.
Krug Brothers 19.~~ H~rma.n ~che~slcr 196.88
N~ontana Power Co . 1~7-9.95 Montana Powsr ~ompan~ 377.
Laurel Outlook 1~.t~ Allis~s Hardwar~a 1.CO
street Depart~n~nt 862.2,E General ~la.nd 10. 0
Water Depart~e~t 11~b.25 Street S~ore~ trasol3.r~ 3.89
votunte~r r'~r~ ~epart~ettt ~~.tr~ ~'3re tkap~t. ~toa~ lest 6U.c
Water Department 17~.~0 State Bd. of Equal. 2l~.5.22
~o~ ~.1. Security Div. 2,202.56
Mot~Lon was ~?ades byr Ruff ar~d s~~cor~desd by Nave that the cla3.m~ be allowed.
Motion carried.
State ~a~iner~s 8~port for the fiscal year July 1, 1960, tl3rowgh Ju1~
31st, 1961, was presented as follows:
STATE f3F MON`TAATA
OFFI~~ 0~ STATE ~MINEE~
f~EI~A~ MONTANA
September 2~, 1961
To the Eionorable Mayor and Council
o~ the Cit~r of Laur~1, Montana
Qentlemen:
~fi~ herewith s~tb~tit a report of the regular annual examination of the re~eorda and accounts of the City of Laurdl, as made by Claude P. Watt~r~, J~., Deputy Mate
~cam~ner aid Duane a. Ri~hardsoa~, A~s~.stant Deput~r E~st~in~.r, said ~xamin~tivn
commencing oA-.the ~.th day of ,~u~ust~ 1961, and coneyding on the 1Sth day. of August, 1961.
I
Minutes of the City Council of Laurel
R~~p~ctfully,
(signed) Alb~;rt E. L~~zthold
Mate Examiner
CITY OF LAUREL
CITY CA~TIJeIL
Mayor- Mr . JoY~n B~slanwi.teh
Aldermen: Mr. Jacob ftiaff
Mr. Harold Wilson Mr. I~~nry Kaiser
Mr . Re>y Edward
Mr. Gerald ~a~~s
Mr. Kenneth Olson
A~° . Steve Rome
l~r. Cee3.1. Name
~FF'ICERfi
Clerk Mrs. Dorothy P. Bundy
Trea~ur~r ~!ir . John ~T. Edmond, Jr .
Pol~.ce Judge Mr. H. Sterrett
Chief of Police Mr. W. H. Q~aston gttorney Mr. Thous L. Bradley
Engin~~r l~r. Wayne Otto.
Water Collector Mr. John W. Ed ond~ Jr.
VALUATID ~1
A~s~ssed Value for Year 196Q $ ?~a76a1t~3~•
~~abl~ oalue for Year 19603 $ 1 s 9~.7' l18 . ~0
TAX LEFTY Fi~ft 1964
F'ti.nd L~
General. 16.50 ~i.Ll.~
Polio 3.50 ~3.].1~
Street 10.00 mills
Parks 6.~o mills
Recreation 1.~0 mi11s Library 3.~4 milks
Airport .~0 m3.1.1~
,~~.ng Pool Bonds (Sinking) 1.5D mills
Storm Sewer Bond. (Sink3.ng) 2.(~ m3.ZZ~`
bighting Maintenance Igo. 1 1.00 ~i11
Lighting Maintenance Rio . 2 2.40 ~nilla
Total Levy 1t7.Q0 ~ai11~
CITY OF LAUREL
s~A~~~ s or ~Y '~i, 196
ASSETS:
c`~arrent As~~eats Cash $ 35$,271.19
Petty Cash ~ $ 358,171.19
Snv~atments
Interest on War savings Bonds 2,0~.
C~~~tery Perpetual Care. ].3,4~G?.fl~
Library Endowment 3~.~0 15,03 .00
Ac~ount~ Rec~ivabl~
Water 9, 2Q1~.. 72
Sewer 3,211.18
y~.een~e i,i9o.oo
Taares 38,1.~.9.l~5 51,755.35 Total Current Asa~ts $ 1~.~5,2~6.~4
Fi~c~d Aa~s~ts
Land & Bsaildings $ 278,683.66
~zr~nittare & Fiat~res 1~,9~5.7b
L3.brary Books do Equip~esnt 16,, 282.87 Equ3.pment, tools &c machinery 33,943.E
Fire Dept. Equipment 1].,2~9.8~
~tre~ts, Sidewalks & curbs ~9~,13~•5~
Sewer Digpopal Plant, 128,3~5.0~.
~nTater Filtration Plant 627,3a5.08
Minutes of the City Council of Laurel
Fi:~ced .~rasets, cant ~ d
Water Dept. Toels & Machi.n~ry $ 26,380.91
Total Fined Assets $ 1 ~Z7 237.29
~TAL AuSETS $ 1,~~93.53
LIAIIILITIES AND ~tE~' irt~JRTH:
Current I,iabil3ties
Warrants Outstanding ~ 17~pgp.~~
Fixed Liab3.litie~ Bondi dots end ng -
~+Tate~r Revenue, Series 1956, 3~~ & 3~~,~00.00
~tor~ Sewer, aeries, 1953, 1~~ 1,CK30.0(3
$3 2l, 00.0()
Spec. I~prov~. Dist. Bonds 139,2(10.0
Total Famed Liabil:Lties$ $ l~6fl, 200.00 Depreciation Reserve 97 ,291.92
Sra.rplus 493, 91.1.. 6Q
TOfiAL L?ABTLITIES, 1~8T ~?RTH AND ~ITAPI,US $ 1s9~2,493.83
OPER~TTON OF' CrE;NEFtAI~ CASEI ACffA~I~TT
To Ba3.anc~ in all F~ttd~ ~.t time of tie
last eacam3.nation on dune ,~a, 1 60 $ 32$, 203.28
To ftaceipt~ from above date to July 31, 19b1 590 O~i9.l?
By Diffiburse~enta during s~mc eriod 91 ,2 2.,~ ~m p 56a 01..26 Balance in a1.1 Funds, J~.1y 31, 1961 $ 3 , 27 .19
cAS~ ~ao~e~,~n~~
Ca.~h a~.d Cash Items in O.fgic~ $ 3,61.l~.82
Thy Ye1low~tone Ba.~k, Laurel
City ccou~t 152,189.0
Water Account ~7,5~0.56
Northwestern ~ationa~l Bank, I~ii.~eapol3.s, Minn. 26,6}~0.,~6
#Inv~s gents 118 286.2a
$.33' ,'1:19`
~D~tail of IMVestmer~ts:
Water ft~er~ue Bond ~'e~nd
ance of Ittt~estmen s a$ of June 3D, 196 $ 53,891.65
Inv~stment~ ptu~chas~d from abav~ d~-te thr~.
July 31, 1961 3~. b~5.20
Inv~stm~nts gold or redee~~d during the
sa~~ period 53,891.65 $ 3~.,60~.2t}
U.S.Tr~a~ttar~ Bi1.1.~., 2.566 Maturity value Cost
Dates 9 a 8/1 /61
I~os. 8613770-1- 2 ~ $lOM 20,00.00 19,775.6
~ ,uati~cx D/ 1/ Dl - t~tze 11/ j V/ Ol u
~.593~
Rio . 861~.1.5~2 z C~ $1~M ~o . i8~.83~.o i ~ ~ 5~ ~.5 ~o . c~ 829.60
~ 3 ,00 .v~ 3 , .20
Water ~.eplac~c~nt acid Depreciation mad
B ante o~ Investments-as of June 3 , 96a 34,~83.~~
Iriv~~t~entffi . pfzrchas~d from above date thru.
July 31, 1961 6!~ 24g,Op
~'~3 Inge~taaents sold or red~em~d same period 3 ,283.55
$ 6~., 2t~9 . o~
~J.~.Tr~asur~r Bills, 2.566 Maturity ~alu~ Cost
Dated ,1 - ~e 8/1/61
Noy. 8613?72-3-1~ $1(~ $ 30,000.E $ 29,6b3.4 nat~~ ~/23/~~. - rn~~ s/2t,~6~. -
2.8~6~
No . 185086 1 ~ ~5'~I .
~o~. 86il~o86-7-8 3 ~ $ior~ 35,ooa.oo 3~. 585.6a
~I
Minutes of the City Council of Laurel
5~rp1.u~ Gity Ffinels
Balance o Invests~snts as of Jua~e 3Ct, 1960 $ 1~9,197•~0 Iriv~~at~ents purcha~ecl ~ro~ abo4e date thru
J,~ly 31, 1961 1~9 x.32 .o0
9 , X29. ~0
Inv~~st~ne~ts sold or rede~~d during game
pericad ~.9,197.5Q
Balance of Irs~e~t~ents as o f July 31~ Z961 $ 1~9~432.c)0
U.S.Tr~asur~ s, 2.593 Maturity Va1~.e Copt
Dated ~b~l -]hie 11/3 /61
xo~ . 86415 3-~.-5-6-7 5~~iaM 50,000. ~ ~ ~9, x.32 .oc
TaTAL INV~S'i'M~iTS $ 118, 286.20 ~
Thy above inv~~t~ents are h~1d in safel~eep3.rig by the F~~t ATational Banl~, Minneapolis,
Minr~~~ota, covered by Cu~todi~.n 8eeeipts Noy. 80974, 87.lt~~, 86252, 86253. Mich
information taken from the records o~ the City Treasurer.
GA~Li Ft~ND BA3~ANCE~ OtTTSTANDI~G WARSAATTS AATD
4IITSTA~TDINa B~ AS QTLY 3 ~ 1 l
City Funds Cash Outstanding Out~~anding
Ba ~~ce warrants Bonds
Genera]. $ 1 , 7.08 3...03
Sid~walkr 6~.2 .lil.
Strut 19, 295.34 ?9.83 Airport 1, 0~l~.1
~~t~~'Y 93l~. 98 6.12
Cemetery P~rpet~al Care 228.27
Interest Cemetery Bonds 996.3
Library 3, 81.0.55 X5.62
Library ~ift~ & Grants 2~7,4~
Sewer ?~aprovern~t 30,025.19 Sewer Users 5, 969.18 2t~
sewage D3.sposal Plant 1,389.26 60.58
Sewage Dispvaal Plant Flan. 189.22 o.d.
5.13,~F1 t Construction 930.30 1.26
:pedal S~w~r 1, 668.87
Park 10,52a.56 25.i Swii~,g Pool 29~.. 20 18.39
Riverside Park l.~33.39 x..07
Athletic Park 182.12 .9~
Athletic Park Liter 101.6 .
Police y 3,200.21 113.16
Polio Protest 35.fltJ
Water 1.3.1} 1. Eater Operating 10,305.48 35.48
Water 8eplac~ent 76, 9?1.11 $ l~6.16
Water Revenue Bond Sinking 63,ot~3.E~ 320,~4~.(JD
~Tater D~posit~ 9,b59•t)0 96.0
Firemen's Relief .87
In~eet Control 5,~i.9~t.50 . ~rarba~e ~`l 6,l~7.3.la~s. X2.8?
Garbage #2 1g,639.8~ 8~.~2
Light Maintenance ~To. 1 9,, 21.71 x..92
Light Ma.ntena~c~ No. 2 8,021.58
Nutting Drain l,l~76.77 .~1
Contributions Fund 9^•56 785.90
Payro]1 Fund 15,cc~7.29 15,Oa7.29
Sick Lave Ae~erve 1~,~.5
Sprinkling Di~triet 1960 3,213.06 17.~t3
~;reeping District 14.17 3.61 s.~.D. ~~~alv~g i2,o52.59
Storms Sewer Bond Sinking 139.78 1 06J4.OC?
Total City $ 3.13 $17,94 2 ~ ~3C1,
Trust & A envy F"u.nds
s.z.D. ~ ~ ~ 5c~o.oo S.I.D. #75 279.6l~ ~ 2,Ot~.08
S.I.D. #7fi 57 ..69 10,x.00
S.I.D. #?8 363.19 3,000~.t~
S.I.D. #88 1,414..79 38,00000
s.I.D. #8Z 5,653.12 30,OC30.oa
s.~.D. #82 8,973.5 32,000.00 ~.I.~. ,~86 7,50a.0o
s.~.~. #87 1~8.6Z 3,3oo.oca
5.I.D. #88 219.$5 1,9t~0.04
S.I.D. #9D 877.63 11 f~0.04
Total 'rust &c Agencg Fundy $13,~.~5.04 1 9,2 .00 i
~ ~ ~aT~, ~ 358,271.19 ~ 17,o9Q.22 ~~.60,ooo.c
Minutes of the City Council of Laurel
BONDED INDEBTED1xTE5S ~a~l~ Available Indebtedness
General Obligation
Storm Sewer, Series 1953 a Zt3 9 . $ 1, t~4. C30
Water R~v~nt~e, aer~.~s 1956, 3~a~t~ 63,Ot3a.f30 32~,~~4.0~
Special Z~nprover~~nt Districts 13 ~.45.0~ i39 2~.~0
~ . 00
OTHER IATTDEBTEDNES~:
Warrants C3utstanding $ 17,94.22 $ 1?:090.2
Total 93,935.04 $~.77,29v.~2
C~MPARATIGE STA~II~ENT ~F GENERAL OBLIGATI~~1
OUTSTANDI~TT~ ~~D~BTEDI~E~SS
June 3D, 19b0 Jul~r 31, 1961
Warranty Outstanding $ 11,690.l~? $ 17,094.22
Hands outstanding 16 ~.t7~ 1 fJOQ.O
Less Cash Available .for debt redction 2D 7k8.62 17 ~3~.0~
~T~t Indebtedness $ 9 1~S 2~~'
~6~.22
Decrease for period $ ,3:1. 3
COMPARATIVE STATFMEt+tT 0~ SPECIAL IM'Pk~JP~fi!IE~TT
D STRICT A1~iD ~TtTE Bt~ND IND m1~ESS
30~ 1960 ~r,~i~ 3Z~ ~.96z
Warrants Outstanding none none
Special Improvement D3.st. Bonds Out,s~anding $ 1~.3,$QO.~ $ 139,Z~O.f3~
Revenue Bonds ~ut~tanding (Water) 3~.~ CmO.~~ 32~ 00O.00
3, 00.40Ti.5~9
Liss Cash Available fog debt reduction 75 ~~.,~.90 76 l~45.t~. Net Indebt~dne~s ~~.0 , ,x..10 3 2,
382,794.46
Decrease for Period $ 25,7~9.1l~
G'yERK' S PETTY CASH FUND
To A~tthori~ed Allo~rane~ $ 2~Q.~0
CasY~ on Hand $ 18.19
By Clam not g~,t re-i.mbur~ed !11.81
$ 20.00
]~ESTI~NTS
IId'i'$R.E~T ~N TAR BONDS P'E~~1D 7.~iFTESTMIIVTS:
Ba7.ane~ o~ Tnv~~-t~ent~ as o ~~n~ 30, 1960 $ 4,~OD.flO
Investments p~ch~.sed from above date thru July 31, i96i a
$ , o . (3f?
Irrvest.~enta sold or redeemed d~r~.ng sa~~ period ~2 0
Balance o~ Inv~st~?~r~ts as of duly 31, 1961 $ ,Z (,3(p.(
~cia1 Z~ rove~~t District Ito. 75 - Bondi Nos. - -3~-31 $~00.4~ $ 2000.00
. CII~ET~R.Y P~'E~'UAL GAAE FUND I1~VESTA~EIdTS:
~ Balance of nvestn~ents as o~ Jung 3 , $1~,000.40
Investments purchased from above date thru. a~.i~ 3z, i96i ~1.t ~~(.~.0
13, yQO
Iriv~stment~ sold or r~dee~~d during same period StX~.l Balance of Ir~ve~tments a~ of Jtaly 3l, 1961 $ 1 .QO
U. S . SAq'Il1itt3r5 BC3 NDS:
Number A~ao~.nt ~imb~r At~o~ant
D311~12G >00.04 D3~~H $ . ~0
~33~.8527~ 500 . oo D35o545l,~i 5vo . M8~31~.9G 1,~(30.c~3 ~35~8697~I 504.0
D62981K 5c:~0.00 D356~769H 5t~:t
M~.5os61x z,ooo.oo ~zo7t~ 5oo.c
1~3~.0376K 1,4f~).E~3 1~J~88929K_ 1,4EE~.E~~
Ml.~l,tfl227K 1,000.E 13631~~33~.Fi 5~0.0~
1~.88930~ ~,~.t~o ~661~7fi7~I 500.00
D33128t~8~ 5~~ . C~ 11~33~7.~ 5~0. ~0 M3~.0388I.~II 1,9fl0.~0
Total $13, 04.00
I
I
Minutes of the City Council of Laurel
LIBRAAYI.~ND~WMII~iT FEJND I~1V~S3~1~Ss
B ance off' I~est~szits~ as o~ une 3D, 1960 $30.tJQ
~T InQes'tments p~a.rch$~ed from above date three. July 31, Z96i 4
$3a.~0
Investments sold durir~ the game period 0
Balance of In~re~tments as of July 31, 19 1 $30.00
Qr1~n$ Fa1.1~ In~rance Co an Shar¢~:
Certificate ATu~nb~r 9 -One Share $ 5.00
~ertifieate Ahamber 56~.3a -Two Shares 1Q.O0
Certificate Number 95178 -three Shares 1~.Q0
3t? . t
5. I. D. REFTOL~t~TQr FUND IAla'ES'i'MIIxiTS:
Balance of Inv~~tments as of dune 3tJ, 190 ~1,~4tJ.40. Inve$t~uents purchased ~ro~ above date thru July 31, z96z 0
1, 0 . ; (3
I~v~st~nez~ts ~o3.d Dr red~s~ned d~arin~ same period l,.~E~.00
Balance o~ Investments as of dr~];~ 33, 19~i1 $ 0
~PERATI~~ QIf' WA~`F~ ACCAUNTS RECEIVABLE
~'o Water Accounts Reeeivab~e, dune 3Q, 1960 ~~t~x~ ~ g,61~..~~
To Char~e~, above date to Ju1~ 31, 1961 $ 133,997.9b
Tm Additiorla3. Charges, same period 0
To Advance Payments, Jui~ 31 1961 229.50 ~ '2~?.Q
By Cash Collections, same period 128,351.30 By Discounts Allowed ~.~837.~.9
Bar Advance Payments, June 3D, 19b0 219 . C)0 ~ 13
L~s~ Advances Paym~nta, d~a.ly 31, 1961 ~~9.50
Qenc~ral L~d~~r Ba3ance as of J~.7.~ 31, 1961 $ 9, • ?2
OPERATION tJF ~E4~R A~(J~~NTS REC~SVABL~
To S~w~r Accounts Receivable, June 3f}, 196a $ 1,,31~5.~t`T
Tc~ Charges, above date to July 31, 1961 $ 3l~, 958.63
~o Additional Charges, game period 0
To Advance Payments, July 31, 1961 107.13 35 ~6,~.76 1.23
By Cash Ca1l~etiona, sans period $ 33,~~1~1~,.86
By Corrections or ad~u$t.~ents .D6
By Advance Pay~~at~, dune 30, 196O l~8.4D 33 092.9
3, 3~1 .`31
Less Advance Payments a~ of July 3~., 1961 107.13
G~n~ral Ledger Balance as of Ju1.y 31, 1961 ~~~3
OPERATmI~ OF WATT D~P4S~T ACC,~~II~1T
To 8~7.ance ire the Account as of June 34, 19b~ $ 9, 93
Less Ot~tstandi~~ Warrants 121~.U0
9. 0
To Deposits f'ro~ above date thru July 31, 1961 11195 1
Refunds zaade during game period 1 OOl.t
$ 9: .00
To Balance 3n Fund as of d~].y 31, 1961 $9,659. 0
Less Outstanding ~Tarrants yb.t
B~1anc~: 3.n the Account per re~ord~ July 31, 1 61 $ 9,~6,3.OQ
police. magistrate ~Ir. R. H. ~t~rrett~ ~Ji~ID(~E
To F3.ne~ and Forf~it~r~~ collected from
dune. 30, 196(3 to Julg 31, 3.961 $ 3s543.DD
By Trea~uur~r~~ R~ceiptg ~ 3,
~.00~
~ The amount dui the du.dge is being talon care of i.n the month of A~g~ast, 1961., by the
office of the City Trea~u.rer -per in~tr~ctions of the exemin~r.
cases Pending: 4715, 85, 8?-~.8~0. 77. 99-49 7, ~9, 58, 6~, 6~, 69, ?1.-500l~, 1.1, 12, 2z,
22
~TH~3. ~LLECTSa~~
~ Dmg Liceras~s $1 $516.Ot3
Bicycle Licen~e~ .13a•~0
Library Collections ~ d•95
City Liee~n~es 1~,~9~.0 B~ Treasurer's R~ceipt~ $11,766.9
i I
I
Minutes of the City Council of Laurel
s co~trs:
Cash and Cash Items as ffihotAm in the body of this report were v~rifie~d by dir~et
in$peetion. Bank balane~s were verified b~ correspondence with the depositor~r basks.
Elands on d~poait in the depository batiks w$re amply protected by pledged securities,
supported by custodian receipts, and by the guarantee of the ~'ed~ral Deposit Insurance Corporation.
Inve~t~ents were veri~i~:d by direct examination, and proper authorization for the;•~e
iziv~~stme~ts has been given through mir~ut~ entry by the C3tg Council.
Claims were examined and appear to b~ in good order, properly itemized, signed and
approved.
A~irnit~a of the ~xieetin~s o.~ tk~e C3.ty Council were written up to date, properl~r signed
and atte:st~d.
Cash .t'uxid balances of the City Clerk were in agreement with the rsEOrds o,f the Cite
treasurer.
~Pficial bands mere on file for all officers and appear to ~e~t legal requ3.x~~ments.
It~rts comt~ented on in the last examination report have begin given the proper
attention. The Specal Improvement District Revolving E~arid Investanent Account hay been
closed and every effort is being Yna.de to close the Interst on War Bonds Investment
Aceou.nt .
The inventory cards of the capital assets o~ the City have beesn comp3et~d. However,
such reEOrds ara not in agreement with those of the general 1.~dger accouzlts. T~T~
resqu~~t that all effort be made to bring the record$ in agreement with the general
ledger accounts.
Resp~ctfla.ll~ sub~itte~d,
CLAUDE E. i~T3'~ JR.
Deputy State E~ca~n3~~r
DFTANE a . RICI~iARUXO N
Assistant Deputy Examiner
Certain reports of the C~t~r of Laurel were pr~s~nt~d for approval as follows:
Library Report, H~altli Officers Report, Report of the Police Judge, Reports of the
Patrolmen. Motion eras made by Ruff and seconded by Rc~m~e that these reports be
approved. Motion carried.
Excerpts from a letter received from the State o~ Montana Aeronautics Co~si~~ion
were read, reading grant received by the City of Laurel, as follows
STATE OE' MONTANA
AEF~OI!~ALJTSCS CAMi~ISSION
Sept~~?b~:r 21, 1961
'The transfer Qf this moray to the City of Laurel way an outr3.ght grant by the
Montana Aeronautics Com~.3.~sion for the p~.rpose of being v~~ed for the cosh of preparing
plans and ~pecifieations for the construction of a hangar o~. the Laurel Airport.
~ There i~ no obligation that would require the City to return this money to the Montana
Aeronautic~a Cobun~~sion if the mone~r hay been spent for tl~e purpose for which the grant
was made."
~ After di~cu~sion, motion way made by Ruff and seconded by Kaiser that this information be written in a letter to the Airport ~ammission by the C~.ty Clerk.
Motion carried.
Discussion was held on the naming of the proposed Park. It is our understandi~~
t~.at this ground was gives to the City, to be dedicated a~ a Park. After this discusffiion
motion was made by Ruff and seconded by Romee that, prov3.d~d t~iat it is agreeable with.
~ the County, the new park be natn~d McCaul~y Park. Motion carried, with Nave voting "no#~.
1~Iayor B~slanwitch appointed J. R. Heebner for the three-year term ox~ the
zoning board. Ntotion was made by Riff .rid seconded by have that the M~.yor's appointment
be approved. Motion carried.
Clans from SehesslerT~ in tMe amount of $}~~9.75 was questioned. Otto reported on this. Ruff ~tatEd that he f~It that this was too expensive.
Ruff reported on the Garbage situation
Ruff reported ors settling of roads. Otto a1.so reported on this.
Raa.ff r~port~d on Skating Rinks. Beslariw3.tch asked that the Park Committee
look into the situation of a place for the skating rinks, and to get together with
Pets Thomson.
I
Minutes of the City Council of Laurel
~'he Mayor reported that several of our a culverts wars plugged. It way
decided to a~~c the dire Department to f].u~h them out, ~ when they are a7.1 located.
Nave asked whither or not the City could ~~t a grant for a Park outside the City Limits.
Ed~rards asked the City clerk to read part of a letter from the Vern H.
Bolind~ar Co., with reference to police radar ~q~aip~c~nt, as follows:
"This new in~tr ent cots ~~st, $995.Qp. Tie $ame instrument with a transistorised power supply is ~,vailabl~ at a cost of $1,0l~5.00. I aan enclo~it~g two
eopie~ of a lease agreement form. If you will sign and return both copies, together
with a check or a purchs~e~ order for $lOQ.(x3, w~ can make immediate desliv~ry, and you
~xiay~ if you wish exerci~~ your p~zrchase option on Ju7.,y 1~t, 1962.
We do have a Wised radar instruiaent available for ~ta~t $3 0.00. However, it is
~ the old style in~tru~t~nt which mist be mounted in the trunk, and it operates on 6 volts DC powa~r and its effective range is only about 150 f'e~t.
VEST ~I. B~LIND~R, PRESIDII+IT
Aft~:r digc~ssing this information, Edward, as ehair~?an of the Polio
~ommitt~e, r~co ended that this ~a.tter b~ tabled until n~~t budgcst time. Motion was
then made by Olson to that effect, $ecanded by Nave, and the motion carried.
Ga~~ stated that the water comm3.ttee had investigated the Aiesinger case.
As long as the house is not occupied, the eomcn.ittee r~cornmended that he be allowed
to use the water, in a work shop, or as a canning kitchen, etc. Kamer then made a
motion seconded by Nave that tie reeom~endation of the wafter committee be accepted.
Motion carried. Ruff regorted am this, and stated that Dick Throm, former G3.ty Engineer,
Tarote that there was no agreement made with Ri~$inger for two buildings on this site. Kaiser included in hip motion that the City clerk ~rrite to Mr. Riesinger and inform hirn
of the decision of the Coune3.l.
Ga~~ reported on the committee's inv~stiga~ion of multiple rental snits.
The committee's r~co~mendation is that the City Engineer advi.~~; these property owners
that they must be responsible for the water bills, or have ~eparat~ water shut a~~s
'I installed. Motion taa.s made by Nave and seconded by Olson that the recommendation o~ the . water committee be accepted. Motion carried.
Olson reported that the Operators in the Police Department wou~.d like to have
the window blinds overhauled, and he also suggested that the windows be fixed. Iie
I sugge~t~d tr3rislg to contact the persons ~o installed the ~ri.ndows and blinds, to ~~e
whether or not there could be an adjustment ~a,de. FIe #x~l included in his request that the windo~rs and blir~d~ in the Firemen ~ a roott~ upstairs be fixed also .
Olson and Beslanwiteh sugg~ated t~iat Mr. Lack~aan or Mr. Gibson, ar both,
be asked to address thy: pity Cauneil on October 17th, with r~gar~ to Civil Def~n~~.
City Engineer stated that the r~sid~nt engineer from Black & 'Peatch on the
Sewage Disposal Plant project would make a report ~or;the City Council soon, and. he extended an invitation to ~:veryone to inap pct this pro~~ct.
~5ere being no f~arth~r business to co~~ before the co~.nei1 ~.t th3s time,
~ motion eras duly made and $~conded that the ~e~tin~ b~ adjourned. Motion carried.
Dorothy P~ Bendy, City Cle
Passed by the pity Co~.ncil of the City of Laurel, Montana, and approved
by the Mawr this 17th day of ~etober. 196E
_ r -
o n ~s, anw~ tc , ayor
~
ATTEST: -
~r
i Dorothp candy, City 1 rk
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