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Session 1092, Hinutes January 6, 1975 Page 10 or groups for rehabilitation prior to occupancy, or otherwise the City would rehabilitate them and sell to the 1tighest bidder. lie discussed this in some detail. Councilman ITeissenburger moved approval of Alternative #1 as outlined in the City 11anager°s memo of January 2, 1975 with Conditions of Sale as follows: 1. Would be sold to the highest bidder on a cash basis, and on condition that the purchaser would be an owner occupant. 2. In order to encourage the continuous occupancy by the owner, the purchaser after three years, would be entitled to a $500.00 refund or some percentage of the purchase price such as 3%, whichever would be greater. Motion was seconded by Councilman Grimm. Councilman Glickert pointed out that the two local banks are not making loans on repossessed property to purchasers who want to buy and rehabilitate the property. She suggested that it might be advisable to contact the banks about this; further, that the Human Resources Department staff should invite the real estate people of the two banks to a tour of the City to demonstrate what can be done with repossessed homes. Councilman I•Teissenburger said he recommends that none of the properties be put up for sale before advising the Council of their imminent sale. Upon vote, the motion carried unanimously. REFUSE PROGRAII: In reviewing this matter, City Iianager Henry said it is advisable to make some decision on whether or not to hold an immediate public hearing or otherwise determine the type refuse service to be offered, due to the lag time in ac- quiring vehicles and bags. Councilman i1eissenburger moved that a public hearing be scheduled for 3:30 P.M. on February 3, 1975. Hotion was seconded by Councilman Grimm and unanimously carried. BUDGETARY PROCEDURE: Councilman ITerner said that the budget is the most single, important document that the Council members have to consider, and he is not satisfied that there is sufficient time provided to really give proper thought and study to the proposed expenditures from the time the Council receives the budget to the actual date of adoption. He felt that it is very important to have an earlier dissemination of the information to the Council. After some discussion, the City Manager and I•Ir. V. A. Ellman, Director of Finance, said that they can furnish the Council with work sheets at an earlier date, which the Council can review. 1,111S. BETTY V&4 UUri: On behalf of the Council, Mayor Kaufman welcomed Mrs. Betty Van Uum, newly elected member of the St. Louis County Council.