11/17/1975-CC-Minutes-Regular2O4
Minutes t City Council Meeting
November 17, 1975
Present: Mayor Cornell, Cooper, Hall, McDaniel, Moore, City
Administrator
Absent: Enlow
1. The minutes of the regular meeting of November 3, 1975 were
read and approved,
2. Sanger Electric System capital improvementsa After several gust®
tions to Lindon Carr concerning the line built in the Hillcrest
Addition, it was moved by Cooper and seconded by Hall that Sept®
ember capital improvements in the amount of $5,069.92 be approved.
Motion carried 4o,
3. Sanger Electric System 1976 budgets The City Administrator,
Lindon Carr and representatives from Brazos made a presestation of
the proposed budget the high points of which were $96,4 14 income
for the City with a $97,875 capital improvements program. The
Mayor made a statement concerning the need for the annual increase
in income to at least equal the increase in required debt service
for capital improvements. After much discussion it was moved by
McDaniel and seconded by Hall that the 1976 budget be approved.
Motion carried 4- 0.
4. Fiscal year 1974 75 audit reports The City Administrator gave a
brief summary of the audit report.stating.that the City completed
the year with a greater surplus of cash than he had anticipated.
5. Loan Application to TWQBs The City Administrator gave.a presenta-
tion of the finished application covering the major financial and
engineering aspects. He stated that the application would be sub®
mined within the week with a decision an it being made in Austin
sometime in December.
6. Other matters
a. Water rights application for Aubrey Lake: The Mayor gave a
summary of the WATER & Sanitation Board meeting in Little Elm
last week. A discussion ensued concerning the wide variation
in engineering fees discussed at the meeting. The Mayor asked
for some decision to convey to Sanger's two Board members. The
City Administrator was directed to/tell the Board representatives
that the Council was led to believe that an application would
be submitted for approximately $2.00 ;per city and that is the
amount Sanger is willing to offer.
Meeting adjourned at 8s45 P.M.
ATTESTS
Mayor