The Bowie City Council, at its Oct. 1 meeting, agreed to temporarily reduce the amount of money developers of the partially completed Bowie Forest subdivision are required to set aside to pay for roads, schools and other public facilities.

By city law, the developers are required to keep $1.7 million in a savings account accessible by the city as a guarantee that public facilities are in place before the planned 96 town houses are completed. The developers made the request for a temporary $960,000 reduction in the set-aside amount because their securities were underwritten by the National Bank of Washington, which was declared insolvent and closed on Aug. 10. The developers will now pay the city $770,955 and have six months to find alternative financial sources for the remaining funds.

An application to the federal government requesting $154,880 in funds from the Community Development Block Grant Program also was approved by the council. If approved by the federal officials, the funds will be used to improve stormwater systems in the Huntington section of Bowie at Chestnut and Sixth streets, Severn Road at Memorial Park, Eighth Street and Maple Avenue and 10th Street east of Zug Road. It was noted at the meeting that Huntington has no stormwater facilities and rainwater currently runs across roads, through yards and into basements, occasionally causing erosion, flooding and damage. Bowie expects to receive the funds after next July 1, and begin work thereafter.

In other matters, the city's annual Christmas Bazaar has been scheduled from 10 a.m. to 4 p.m. Saturday, Nov. 3, at Bowie City Hall, 2614 Kenhil Dr. In addition to the 25 vendors selling Christmas gifts, wreaths and toys, Santa Claus is expected to arrive at 2 p.m. TOWN OF BRENTWOOD

The Brentwood Town Council, at its Oct. 1 meeting, awarded a $4,800 construction contract to the Toepfer Co. of Capitol Heights to repair the foundation and drainage system around the Town Hall, at 4300 39th Place. Work is expected to begin this month and be completed in several weeks.

The Council announced plans for an Oct. 20 bikethon in conjunction with the county's anti-drug effort known as Red Ribbon Week, from Oct. 20-27. Bicyclists will meet for the bike tour in the town park at 4300 39th Place at 10 a.m. Registration is free and no pledges will be solicited or any kind of fundraising done. Drug education posters and flyers will be distributed in keeping with the bikethon's anti-drug emphasis. At the same time as the bikethon, a Pee Wee Trikeathon, a tricycle ride for toddlers, will be held inside the park grounds. CITY OF COLLEGE PARK

The City of College Park has installed a 24-hour telephone information line to provide city residents with information on the most frequently asked questions about city services, activities and programs. The system contains more than 100 subjects and is available seven days a week by dialing 301-779-5526. TOWN OF FAIRMOUNT HEIGHTS

The Fairmount Hights Town Council will meet at 8 p.m. Oct. 17 at the Town Hall, 717 60th Place. For more information, call 839-1030. TOWN OF LANDOVER HILLS

The Landover Hills Town Council will meet at 7:30 p.m. Oct. 15 at the Town Hall, 6904 Taylor St. For more information, call 773-6401. CITY OF MOUNT RAINIER

The Mount Rainier City Council will meet at 8 p.m. Oct. 16 at City Hall, 3409 Rhode Island Ave. For more information, call 927-0104. TOWN OF RIVERDALE

The Riverdale Town Council, at its Oct. 1 meeting, approved a new pension and life insurance plan for town employees that will be fully paid by the town.

Unlike the old pension plan, which expired in July, the new Defined Contribution Plan requires the town to contribute the eqivalent of 5 percent of an employee's gross salary toward the pension plan and does not call for any contribution from the town's 34 employees. The new plan will cost the town about $40,000 a year.

Under the old plan, employees and the town contributed equal amounts toward the pension plan.

The new life insurance plan, which will cost the town about $2,500 a year, continues to provide a life insurance benefit equal to an employe's annual salary and also does not require any employee contributions.

The two plans are retroactive to July, when the old plans were officially terminated, although the plan benefits continued through the end of last month. The council also agreed to look at savings plans that might provide town employees with tax benefits.