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Session 1205, Minutes December 18, 1978 Page 13 pairs or reconstruction of any structure where the cost of such re- pairs or reconstruction exceeds 50 per cent of the market value. The City should halt and eventually reverse development of the flood plain. 2) The City should investigate the possibility of federal subsidies for the acquisition of flood -prone real estate for open space, which could serve double duty as overflow basins and attractive open space. 3) The City should investigate the possibilities of federal subsidies for flood proofing of residential structures within the flood plain. 4) "Stop valves" should be installed in houses where prior damage due to sewer backup has occurred. Further, the City should undertake a vigorous public information and education program to advise property owners of methods for controlling backup. 5) The City should direct the appropriate agency to make periodic inspections of the creek and to notify MSD of accumulations of debris (which contributes to flooding). The City and the County should issue directives to their operating agencies that the channel must not be used for discarded materials. 5) Heman Park should be allowed to remain as a retention area. Flood damage can be eliminated by low-cost measures such as low berms pro- tecting the skating rink, swimming pool, etc. GENERAL RECOMMMATIONS RELATING TO ALL CITY FACILITIES AND PROPERTIES: The Steering Committee voted 11 to 0 to recommend that the City admini- stration and City Council budget adequate funds for the continuing maintenance of all City facilities and properties. Mayor Mooney commented that the Council and the people of University City are really in debt to Mr. Robinson, Mrs. Hughes, and all of the people who worked so long and so hard on this report. This sentiment was echoed by Councilman Lieberman. Councilman Lieberman suggested that a public hearing be scheduled for Janu- ary 8, 19799 at 8:00 P.M., to consider the bond issue report. Mr. Ellman asked Mr. Joseph Mueller, the bond counsel for University City, to explain what the schedule of activities will be up to the bond election on April 3rd. Mr. Mueller said the time schedule is as follows: On or before February 20th, notice must be given to the County Board of Election Commissioners by certified ordinance that University City intends to have a bond election. This means the ordinance must be passed by the Council be- fore that date. The public hearing would be scheduled for January 8th, the proposed ordinance would be introduced at the January 22nd meeting, and passed at the February 5th meeting. Councilman Lieberman moved that Council hold a public hearing on this matter on January 8, 1979, at 8:00 P.M. The motion was seconded by Councilman Adams and carried unanimously.