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-SessiOn 1221, Minutes June 18, 1979 Page 13 It was decided to postpone discussing details of the other departmental accounts, except for those which may affect the revenue bills, until the ~.ext Council meeting. Section 4000, Library, was discussed next. Councilman Kelley asked if there was an appropriation in this budget to build up the unappropriated surplus of the library, and he was told there was not. Councilman Metcalfe said she felt there should be a line item in the budget reflecting the capital replacement fund~ which would be 2½¢ of the requested 10¢ increase. Another 2½¢ is for increased operating costs° The remaining 5¢ is to build up a fund so that the library will not have to borrow money at the beginning of its fiscal year to use until tax revenues are forthcoming. It was decided to postpone further discussion until the revenue bills covering this sub- Ject are introduced. BILLS FOR THIRD READING None BILLS FOR SECOND READING BILL NO. 7342 - ORDERING THE LEVY AND FIXING THE RATE OF TAXES TO BE COLLECTED IN UNIVERSITY CITY FOR THE FISCAL YEAR 1979-80~ TO PROVIDE FOR THE GENERAL REVENUE, TO PROVIDE FOR THE ESTABLIS~IdENTA/~ MAINTEi~ANCE OF A FREE PUBLIC LIBRARY AND READING ROOM, TO PROVIDE FOR THE PAYMENT OF INTEREST AND THE ESTABLISHMENT OF A DEBT SERVICE FUND FOR ALL OUTSTANDING BONDS OF THE CITY, AND TO PROVIDE FOR A POLICE AND FIREMEN'S RETIREMENT FUND. Bill No. 7342 was given its second reading. Bill No. 7342 was given its third reading. BILL NO. 7343 - FIXING THE COMPENSATION TO BE PAID TO CITY OFFICIALS AND EMPLOYEES AS EI~,~RATED HEREIN FROM AND AFTER JULY 1, 1979, A~.REPEALING ORDINanCE NO. 5128. Bill No, 7343 was given its second reading. Bill No. 7343 was given its third reading. BILL NO. 7344 - PROVIDING FOR THE RE~URSEMENT OF CERTAIN CITY OFFICIALS FOR EXPENS,~ ES INCURRED BY THEM IN OPERATING THEIR O[~N AUTOMOBILES IN THE TRANSACTION OF BUSINESS FOR THE CITY AND REPEALING ORDINANCE NO. 5047. Bill No. 7344 was given its second reading. Bill No. 7344 was given its third reading. BILLS FOR INTRODUCTION BILL ~Oo 7345 - ORDERING TI:T~ LE¥~ ~ FI~IN~ Tt~ RATE OF TA~ES TO BE COLLECT~ IN UNIVERSITY CITY FOR THE FISCAL YEAR 1979-80. A bill was introduced by Councilman Sabol, entitled: "AN ORDINANCE ORDERING THE LEVY AND FIXING THE RATE OF TAXES TO BE COLLECTED IN UNI- VERSITY CITY FOR THE FISCAL YEAR 1979-80, TO PROVIDE FOR THE GENERAL REVENUE, TO PROVIDE FOR THE ESTABLISHI.~NT AND MAINTENANCE OF A FREE PUBLIC LIBRARY AND READING ROOM, TO PROVIDE FOR THE PAYMENT OF INTEREST A~D THE ESTABLISH}~NT OF A DEBT SERVICE FUND FOR ALL OUTSTANDING BONDS OF T}~ CITY~ AND TO PROVIDE FOR A POLICE AND FIRE- MEN~S RETIREMENT FUND."