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Session 588, Minutes January 25, 1960 tive is present, there was no response. Page 2 Councilman Soule pointed out that ~Section 1201.6:' as indicated on the application would appear to be "by the drink~' and 1dr. Firestone's re- quest is for the sale of 5% beer by the package only. Following discussion, it was the consensus of tile 'Council that this matter be deferred until the points raised can be clarified, and so was the order. CONSIDEPJITION OF TRANSFER OF FUNDS: * Please see other side Consideration of certain budgetary transfers was explained by the City Manager,* Following discussion, Councilman Soule moved that the Council authorize the transfer qf $3,300.00 from the Contingent Appropriation to Account 140OB; that $190.00 be transferred from the Contingent Appropria- tion to Ac'count 2630E, and that $85.00 be transferred from the Contingent Appropriation to Accoun~ 1600E. Motion seconded by Councilman Stake, and unanimously carried. I~wEs~IENT OF FUNDS: T!~e City Manager stated that as a result of the completion of the City's property tax collections for 1959, the City has available surplus funds for investment. It was ti~e reconm.~endation of ti~e administrative forces ti~at $120,000 of general fund money be invested in 4-3/4% U. S. Govern-. ment Uotes maturing August 15, 1960. He said ti~ese will yield approxi- mately 4-1/2%. The City Manager further recommended that from Bond Retirement Funds $12~000 be invested in U. S. Treasury Bills maturing July 14, 1960 - these will yield to the City approximately 4.55%. In addition, City Manager Henry said, $33,000 of Bond Retirement Funds may be invested in U. S. Treasury Bills maturing January 15, 1961~ and ti~ese will yield approxi- mately 4.86%. Following discussion, Councilman Tandler moved that the recoramendation of tLe City Manager be approved~ and that investment of funds as set out in agenda item number 4 be authorized. Motion seconded by Councilman Lahr- mann and unanimously carried. PUBLIC HEARING (CONTI!·~ED) - BILL NO. 5788, DEFIiqING AND PROHIBITING DIS- CRI~IHATORY PRACTICES I~'! PLACES OF PUBLIC ACCOI'R,IODATION AND CREATING L COI,'~ISSION ON HUI, hlN P~ELATIOIqS: I.layor Kaufn~an stated that this matter would be ter~porarily deferred until consideration of the regular agenda is completed. (See page 4) I'~EICLY FIRE DEPARTMENT ?~PORT: The Fire Department report for the week of January.17, 1960 to January 24~ ~960, was ordered received and filed. WEEKLY POLICE DEPAR~dEI,~ P~PORT: '~e Police Department report for the week of January 17, 1960 to January 23, 1950, was ordered received and filed. PEESOHI']EL DEPARTMENT REPORT The Personnel Department report as of December 31~ 1959 and as of January 15, 1960, was ordered received and filed.