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,T11n,~ '2,,'~¥'d, lqSq
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<br />city ordinance. Pursuant to Section 30 of the ordinance creating the Retirement System, the Board was authorize~
<br />to deposit locally sufficient cash To meet disbursements. At the time this accou~ was placed in the building
<br />a~d loan association, the person referred To was not a member of this Board. We assume the ordinance referred rd
<br />by Mr.'Turtle is Section 1S of the ordinance creating the retirement system. The Board has been advised by
<br />the City Attorney that'Section 16 i~ an attempt to state into the ordinance the provisions of Sectiok 15-508 of
<br />Code of Virginia, under which it is clear that city funds may be deposited in a bulk even though an officer of
<br />the City is an officer of that bank. It is, therefore, the opinion of the City Attorney that the subject deposit
<br />is nor unlawful.
<br /> The Board will be happy to confer with the Council at any time concerning the manger
<br />covered by Mr. Turtle's letter and the motives we feel prompted him To write it and release it To the press.
<br />
<br />(S~g~ed)
<br />
<br />Respectfully,
<br />
<br />E. B. Hawks
<br />E. W. Lawrence
<br />X. D. Murden
<br />Wm. E. Kube"
<br />
<br />The following letter was read:
<br />
<br /> "As a member ~f the Board of Trustees of the Supplementnl Retiremen~ Fund for the
<br />City o£ Portsmouth, I ~as not in the'City when a le~er dated June 17th, 1959, addressed to your Eonornble body
<br />was presented to me.for a~roval or disapproval. I have since received a copy of this letter and thoroughly
<br />conc%ur2with its content~ contained therein. It zs my wish to submit this letter signif.y~ng my approval with
<br />all of the members of the Committee. (Signed) W.P. Lifsey."
<br />
<br />Motion of Mr. Breedlove ro table was adopted, and by the following vo~e:
<br />
<br />Ayes: Baker, Breedlove, Smith, Walker
<br />Nays: Bartlett, Seward, Weiseman
<br />
<br /> 59-174 "I recommend that I be authorized~ to purchase a ten foot strip of land
<br />approximately 200 feet long on the south side of County Street, between Effingham and Chestnut Streets. This
<br />property begins at the Southwest corner of Effingh~m and County Streets and extends over half the length of this
<br />block. This proper~y can he acquired for approximately $3,000.00 and there are sufficient funds in the Bond
<br />Fund Highway Improvement account to cover the item."
<br />
<br /> Motion of. Mr. Weis~mun to concur in the recommendation of the City Manager was
<br />adopted, without dissenting vote.
<br />
<br />UNFINISHED BUSINESS -
<br />
<br />59-161 - The following ordinance, placed on first reading at last meeting, was taken
<br />
<br />up and read:
<br />
<br />"AN ORDINANCE TO APPROPRIATE FUNDS NECESSARY FOR OPERATION OF THE CITY
<br />GOVERNMENT FOR AND DURING THEMONTH OF JULY, 1959."
<br />
<br />On motion of M~. Smith, the ordinance was adopted, a~d by the following vo~e:
<br />
<br />Ayes: Baker, Bartlett, Breedtove, Seward, Smith, Walker, Weiseman
<br />Nays: None
<br />
<br />up and read:
<br />
<br />59-161 The following ordinance, placed on first reading au last meeting, was taken
<br />
<br />"AN ORDINANCE TO APPROPRIATE $114,950,00 FROM THE GENERAL CAPITAL IMPROVEMENT
<br />FUN~ FOR THE PURPOSES O~ SCHOOL BOND RETIREMENT, INTEREST AND HANDLING
<br />CHARGES; LIGHTING SYSTEM FOR MUA'ICIPAL STATIUM; OFFICE EQUIPMENT; AND FIRE
<br />FIGHTING EQUIPMENT"
<br />
<br />On motion of Mr. Breedlove, said ordinance was adopted and by the following vote:
<br />
<br />Ayes: Baker, Bartlett, Breedlove, Seward, Smith, Walker, W eiseman
<br />Nays: None
<br />
<br />up and .read:
<br />
<br />59-157 - The following ordin~uce, placed on firs~ reading au last meeting, was taken
<br />
<br />"AN ORDINANCE TO AMEND SECTIONS 24-26, 24-27, 24-34, 24-35, 24-44AIfD 24-45,
<br />AS AMENDED, OF CRAPTER 24 OF T~ CODE OF THE CITY OF PORTSMOUTH, VIRGINIA
<br />1951, PERTAINING TO TEE PORTSMOUTH WATER DEPARTMEI~T, SERVffCE CONTRACTS
<br />THEREWITH, AND ITS BILLING AND COLLECTION PROCEDL~ES"
<br />
<br />On motion of Mr. Smith, amid ordinence was adopted, and by the following vo~e:
<br />
<br />Ayes: Baker, Bartlett, Breedlove, Seward~ Smith, Walker, Weiseman
<br />Nays: Nohe
<br />
<br />taken up and rend:
<br />
<br />59-156 - ~he followimg ordinance, placed on first reading at last meeting, was
<br />
<br />"AN ORDINANCE TO AMEND SECTIONS 8-1 THROUGH 8-46, INCLUSIVE, OF CHAPTER 8
<br />OF THE CODE OF TNECITY OF PORTSMOUTH, VIRGINIA, 1951, BY ADOPTION fiN LIEU
<br />THEREOF OF SECTIONS 8-1.1 THROUG~ 8-1,54, INCLUSIVE, AS CONTAINED HEREIN,
<br />ESTABLISHING THE DEPARTMENT OF FINANCE OF THE CITY GOVERIqNIENT, PRESCRIBING
<br />THE DUTIES AND POWERS OF THE OFFICERS THEREIN NAMED, AND PROVIDING PENALTIES
<br />FOR VIOLATIONS THEREOF.
<br />
<br />
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