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,k f <br /> i <br /> .111.1 The Regtaar Administrative Sesoion of the City Council was held at 10 AM <br /> ' Eel....2nd,1942,Mayor Spencer in the Chair,Commissioner Williams present end <br /> !. Commlissioner Edwards absent at roll call. <br /> Minutes of January 30th,1942 read and approved. <br /> 1..!! <br /> -- <br /> Moved by Williams,seconded by Spencer,to permit W.W. gershall,sign- <br /> !. painter,and W.R.petoheldor,to bang sign 3 X 136 ft.,sheet metal,at 2930 Grand. <br /> Carried. <br /> pEFORTS of Building and Elactrioal Inspectors for January,1942-Received. <br /> --- <br /> REPORT of West Coast Telephone Co.as of December 31,1941,received as <br /> follows: "Gross annual exohenge service earnings in the City of Everett <br /> $241,827.11 <br /> Average number of poles exclusively owned a.occupied daring <br /> the year 1941 1,913 <br /> T.D.T.CITY OF EVMETT IS AS FOLLOWS: <br /> On exchange service earnings 2%of$241,827.11 4 4,836.54 <br /> On poles at$.50 per annum 956.50 <br /> TOTAL 9 5,793.04. <br /> k --- <br /> Moved by Speneer,seconded by Williams to adopt Resolution No.4808 es <br /> ; '1 follows: "REd010TION No.4808. <br /> N. <br /> 5HEREAS,The United States Conference of Favors and the ditY Counoil of Everett,WashIngton,hoVe rePeateilY ugd <br /> oeoy <br /> expressed its implaoable opposition to Treasury attempts to im- <br /> ;`, pose a Federal lax on the income from municipal bonds;and <br /> WHEREAS,In this time of grave national crisis the fullest co- <br /> operation betvmen the Federal end municipal governments of the <br /> United States is essential to the successful prosecution of our <br /> war effort;and <br /> WHEREAS,Despite this grave national emerge..eod the need%Or <br /> complete unity of purpose and good will between the separate Sr <br /> branches of our government,the Treasury Department persists in <br /> its disturbing efforts to impose Federal tax upon t.income <br /> N 7 from municipal bonds end thus needlessly resurrects this highly <br /> controversial and irritating domestic issue;end <br /> MEREAS,A tax on future issues of state amd municipal bonds would <br /> 4 raise practically no revenues whatsoever at this time and yet <br /> would substantially increase the cost of m.icipal borrowing; <br /> 41 NOW,THEREFORE,IT IS.W8.RESOLVED.TUX CITY COUNCIL OF THE <br /> CITY OF EVERETT,WASHINGTON: <br />