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22 November 1968 <br />MEMO TO: COMMON COUNCIL <br />SUBJECT: ADDITIONAL APPROPRIATION, REDEVELOPMENT BOND FUND <br />FROM THE <br />OFFICE OF THE CONTROLLER <br />At the time the Redevelopment Bond Fund levy was developed for <br />the year 1969, provision was made for an additional appropriation <br />in the amount of $10,875. Please refer to page 90 of the 1969 <br />budget, line number 3. It is necessary to appropriate this amount <br />through an ordinance of the City Council. <br />Redevelopment Bonds of 1968 were approved and sold after the 1968 <br />budget was prepared. Statutes regarding Redevelopment Bonds re- <br />quire that interest payments are due January 1. Therefore, the <br />amount requested needs to be appropriated by December, 1968. <br />''� <br />5Jam�esA. Bickel <br />JAB /et <br />