05/25/1994-CC-Minutes-SpecialElectric Superintendent Larry Yoa.st stated they were not
supposed to be on and he would check into it.
c i • Councilman Jenkins also as Ced if the flooding we had recently if
it did arty damage to BroolC Glen,
Electric Superintendent Larry oa:s't t d it did not.
12. Meeting adjourned.
( , j°z _ ,; Mayor
C1ty Secretary ; .. . , .,''
y- . _
c'
'sO se> X AS 'e `\
lr,._ .... 1
MINUTES: Special Called City Council Meeting
May 25, 1994
MEMBERS
PRESENT: Mayor Nel Armstrong, Councilman Joe Bell, Councilman
Jack Richardson, Councilmani Jerry Jenkins, and
Councilman Tommy Kincaid
MEMBERS
ABSENT: Councilwoman Margie Braxton
OTHERS
PRESENT: City Administrator John Harriilton, City Secretary Rosalie
Chavez
1. Mayor Armstrong called the meeting to order.
2. Consider and Possible Action Regarding :Resolution #R5-94 -Short
Term Financing
Council discussed financing Keaton and tdiTillow Street Improvement
Project and the Library with afive-year note from GNB.
Motion was made by Councilman Jenkins to adopt #R5-94 and
seconded by Councilman Bell:
CITY OF BANGER, TEXAS
#R5-94
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BANGER,
DENTON COUNTY, TEXAS, AUTHORIZING THIS FINANCING OF STREET
RECONSTRUCTION AND OTHER GENERAL FUND IMPROVEMENTS.
Also, the following changes:
Delete: first paragraph, delete names of the streets and insert - for
immediate renovation of certain designated streets.
Delete: second "WHEREAS°'
On the 4th WHEREAS, delete - Library improvement projects and
insert - General Fund improvements,
On #2). Insert - General Fund improvements and delete - and new
Library Facility. Also, any other changes as staff deems necessary.
Motion carried.
3. Consider and Possible Action Awarding the Keaton Road (F.M. 455 to
Duck Creek Road)/Willow Street (Loop 138 to Jones Street) Paving &
Drainage Improvement Bid
Discussion.
Councilman Jenkins made the motion to award the Keaton Road and
Willow Street Paving and Drainage Improvement Bid to XIT Paving &
Construction with the changes made by the engineer. Seconded by
Couneihr ian Bell. Motion carried.
4. Meeting adjourned.
Mayor
City Secretary
NUTES: City Council Workshop
June �, 1994
MEMBERS
PRESENT: Mayor Nel Armstrong, Councilman Jack Richardson,
Councilwoman Margie Braxton, Councilman Jerry Jenkins,
Councilman Tommy Kincaid, and Councilman Joe Bell
OTHERS
PRESENT: City Administrator John Hamilton, City Secretary Rosalie
Chavez, Public Works Superintendent Chuck Tucker,
Electric Superintendent Larry Yoast and Glenn Ervin
1. Mayor Armstrong called the meeting to order.
2. Discussion Regarding Capital Improvements Program Financing
Lengthy discussion concerning an alternative for financing for the
proposed street and library projects.
Mayor Armstrong advised that Dan Almon, John and herself had
d1SCUSSed passing a Resolution with the intention to retire the 1956
Street Improvement Certificates of Obligations. The funding for this
early payment would be secured through a short-term loan through
GNB, Sanger's Depository Bank.