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<br />376 <br /> <br />TUESDAY <br /> <br />JULY 26. 1955 <br /> <br />A proposed contract between the City and Mrs. wcille Andes Weaver, by which the City <br />would continue the leasing of Mrs. Weaver's property on East Main Street for the five- <br />year period August 1, 1955 to July 31, 1960 (with first option of renewal) for its <br /> <br />metered parking lot now in operation there. This contract, providing for the same <br /> <br />monthly rental as the contract expiring July 31, 1955, was approved for City Manager <br /> <br />Mathewson's signature, and so approving, Council went on record as expressing that <br />serious consideration should be given by Council to purchase or acquire this property <br />outright dur:ing the term of the lease. <br /> <br />Tentative local Welfare Department budget estimates for the fiscal years ending Jtme 30, <br />1957 and June 30, 1958, prepared for the state Departmmt of Welfare and Institutions, <br /> <br />were approved as follOlrls: <br /> <br />Oi t:v of Martinsville. Vir~ia <br />Department of Public Welfare <br />Bude:et Estimates 1956-58 <br /> <br />Expenditures Appropriation ESTJMATED REQUIRDIENTS <br /> Year Ended Year !hding Year l!hding Year Ending <br /> 6-30-55 6-30-56 6-30-57 6-30-58 <br />Grand Total I 34,764.96 $ 41,865.00 $ 49,544.00 $ 55,946.00 <br />Less: Federal-State <br />Reimbursement 28.309.83 33.641.68 39.659.00 44.829.1Q <br />Net Cost to City $ 6,455.13 $ 8,223.32 $ 9,884.92 $ 1l,1l6.84 <br /> <br />A proposed ordinance amending the City's Electrical Code, as recOllm1ended by the Code <br /> <br />Conmdttee, was presented to Council and was placed on first reading by Council. This <br /> <br />ordinance would effect certain minor procedural changes in the Code. <br />