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REPORT OF THE SINKING FUND COMMISSIONERS FOR THE YEAR ENDING AUGUTST 31,1918.
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REPORT SINKING FUND.

Bal. on hand September 1,1917	$172,825.65
Received from City	14,240.00
Income on securities	8,574.77
Amt. in fund Sept. 1,1918	195,640.42

Cash Receipts

Bal. on hand Sept. 1,1917	7,625.65
Annual appropriation, City	14,240.00
Interest received on securities	8,574.77
Jno. E. Shepherd Bond paid	2,500.00
City Gas bonds paid	2,000.00	34,940.42

Disbursements

Liberty Loan Bond	15,100.00
Va. Ry. & Power Co. Col.Trust Notes	8,000.00	23,100.00
Cash uninvested Sept.1,1918		11,840.42

Securities Held in Fund

4% securities	55,100.00
4½ % securities	34,000.00
5% securities	9,150.00
6% securities	85,550.00
Total securities	183,800.00
Cash on hand	11,840.42

Respectfully submitted
E. I.Carruthers,Secretary
Sinking Fund Commissioners.

REPORT CITY MANAGER,AND SUPERINTENDENTS
The City Manager submitted his annual reports together with the reports of
the Superintendents for the year ending August 1st, which were read and ordered
placed on file for future reference.

IN RE.VIRGINIA AVENUE.
Mr. John L. Livers, representing the Chamber of Commerce, was granted the
privilege of the floor that he might call the attention of the Council to the
necessity of providing for better ingress and egress for the citizens residing on
Virginia Avenue. This matter, which had previously been brought to the attention
of the Council and referred to the City Manager and Street Committee, was again
referred to said committee to investigate and report.

WATER REPORT.
The City Manager addressed the Council on the matter of the water situation
and stated that since the last treatment of the reservoir samples of the water had
been analyzed and found pure and potable, and that it was now hoped the algae would
entireley disappear. Mr.Holway, Sanitary Engineer of the State Board of Health, who
has been assisting the City Manager in the treatment of the water, was present and
corroborated the statement of the City Manager as to the condition of the water,and
stated further that samples examined by his department revealed the fact that the
water was potable and in as good condition as for several years past.

ANNUAL BUDGET
The annual budget for the fiscal year, ending august 31st, 1919, as made up
by the City Manager and recommended to the incoming Council by the old Finance
Committee, was presented, read and referred to the new Finance Committee.

RESOLUTION IN RE.FIRE APPROPRIATION.
The following resolution, adopted at the meeting of the Board of Aldermen,
August/2nd, was placed upon its adoption and unanimously concurred in:

A Resolution Appropriating $200 for the Charlottesville Fire Company.

IMPROVEMENT NORTH END TENTH STREET NORTHWEST
The following resolution, which had been prepared by the City Manager in order
that he might have authority to proceed with the improvement of the north end of
Tenth Street, Northwest, was offered by My.Huyett and unanimously adopted:
A Resolution Authorizing the Opening of a Street from the North
End of Tenth Street, Northwest, to the Barracks Road.

The two above resolutions referred to will be found spread at length on
Ordinance Book #1.

The meeting then adjourned.

E. I. Carruthers, Clerk.
W. M. Forrest, President.