Parking System_October to December 1972PARKING SYSTEM 68
Meeting Date
M.B.lst Nat'l. Bank directed to make following
transfers from Metered Parking System:
To Bond & Interest Redemption Fund, $57,263.68
which is the balance required to meet the 1972
debt service of $335,440.
To Operation & Maintenance Fund amount of
$129,403. which is amount required to meet cost
of operation for first quarter of 1973.
$15,5deRene a1 & Replacement A/c the amoubt of
to Cully fund this account.
RES. 13772 adopted, budget in am't. of $512,212.
(Operation and Maintenance) 1 yr. from 1/1/73.
10/4/72
PARKING SYSTEM 69
inRES. 13773 adopted) esti atin surplus as ofMeet1/1/73 Date
at $857,258. of which $2 5,72q. is to be
expended for redemption and retirement of parking
revenue bonds in advance of maturity; and direct-
ing M.B.lst Nat'l. Bank to call for tenders
or redemption, and to thereafter retire such num-
ber of Parking Revenue bonds, Series 1967 and 1965
as the sum of $285,724 permits, within limitations
prescribed by governing resolutions. 10/4/72
Award of contract for annual audit and
preparation of engineering report of Metered
Parking System for 1972 Sinking Fund Year
was voted to be placed on 12/20/72 agenda
for consideration and Finance Director to
give appropriate notice.
PARKING SYSTEM
Singer, Sobel & Hunter selected by Council
to do annual audit at $750. and engineering
report of Metered Parking System to be pre-
pared by Nathaniel M. Zemel for $850.
12/6/72
69A
Meeting Date
12/20/72