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Concluded) <br />said Commission shall repay the said-sum so loaned unto the said City. <br />On lotion of Councilman Oakley the Resolution was adopted. Motion carried. <br />RESOLUTION INTRODUCED BY COUNCILMAN GILT L. OAKLEY. <br />WHEREAS, 8eoause of delinquencies in the payment of taxes and because of a moratorium <br />on banks and the closure of banks in which funds of the Aviation Commission are deposited,. <br />said Commission is in of funds m for the payment of current expenses in the sum not <br />exceeding $1.,_600.95; and <br />WHEREAS, There is money in the General Fund of the City of South Bend which money is <br />available and can be loaned unto the said Aviation Commission with which said Commissiomn* <br />can meet-its said--current obligations_, <br />NOW, THEREFORE, be it RESOLVED that the Municipal City of South Bend, Indiana, make a <br />temporary loan out of its General Fund to the said Aviation Commission in the sum.m$ not <br />exceeding $1,600.95 for during and until and not later than May 15, 1933 within which time <br />said Commission shall repay the said sum so loaned unto the said City.' <br />On Motio4 of Councilman Gustin the Resolution was.adopted.: Motion carried. <br />RESOLUTION. - INTRODUCED-BY COUNCILMAN EARL So GUSTIN.- <br />WHEREAS, ecause of delinquencies in the payment of taxes and because of a moratorium on- <br />n banks and the closure of banks in which funds of the Police Pension Fund are deposited, <br />said Pension Fund is in need of funds for the payment of current expenses in the sum of_ <br />not- exceeding.-0995.70 ; and <br />WHEREAS, There n is money in the General Fund of the City of South Bend which is <br />available and can be loaned unto the said Police Pension Fund with which said Pension Fund <br />can meet its said current obligations,. <br />NOWt THEREFORE, be it RESOLVED that the Municipal City of South Bend, Indiana, make a <br />temporary loan out of its General Fund to the said Police Pension Fund in the sum not <br />exceeding $955.70 for and during and until and'not later than May 15, 1933, within which Its <br />time said Pension Fund shall repay the said sum so loaned untot the said City. <br />LOTION. ORALLY by Councilman Hiss. <br />That The Vice- President appoint a Committee of three to attend the fumneTal of <br />Anton Cermak, Mayor of Chicago, Illinois on Friday March 10th, 19330'Motior� carried. <br />On Motion of Councilman Altfeld the Council adjourned at 7.*45 o'clock P.'` M. Motion carried. <br />ATTEST <br />ERK <br />s <br />APPROVED <br />/ V <br />VICE - PRESIDENT* <br />I <br />3- <br />