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07/28/1986-CC-Minutes-Work Session278 The mayor went on to say that she did advise the county that Sanger was seriously considering doing their own inspections. Stated she had also talked.with the school officials regarding the possibility of using the science teacher to help the city in this capacity. She will be talking with him in the near future. Discussion. Council requested that Ruth Tansey attend the next council meeting and discuss the Health Department Budget increases with council. (c) Mayor Armstrong stated that she had talked with Jerry Don regarding Keaton Road. Two poles tobe sawed off once the problems are corrected. Council discussed ways to correct problems with Linn. Linn recommended widening a portion of Keaton Road at.the curve using concrete for the road bed and lining the ditch with 30". culverts. Cost factors were discussed. Linn to get back to council with figures. It was noted that the county would be willing to help with the project. (d) Freddy Inman requested that. more weed letters be sent out. Real danger due to dry weather.. Jerry Jenkins asked about the weeds behind Ward Addition along the Railroad tracks. Brown stated that he had sent a letter but had no response.. Jenkins requested Brown to get with him that he could give him the name of the Sante Fe Official to talk to. 10. Mayor Armstrong called the meeting into executive session to discuss personnel. 11. Mayor Armstrong. reconvened the meeting into open session. There was no action resulting from executive session. 12. With no other business to come before council, Freddy Inman made a motion to adjourn the meeting. Spindle gave the second. Voted unan. City Secretary MINUTES: MEMBERS PRESENT: MEMBERS ABSENT: Special Called Meeting July 28, 1986 Mayor Armstrong, Danny Spindle, Harvey Thomas, and Carolyn Adins Jerry Jenkins and Freddy Inman OTHERS PRESENT: Steve Shutt, Mary Jo Stover, Katy Ray, Dan Almon, and -Benny Erwin 1. Mayor Armstrong called the meeting to order, gave the invocation, and led the pledge to the flag. 2. Mayor Armstrong called on Dan Almon with Schneider, Bernet, and Hickman to go over the bond proposal with council. Almon presented a proposal to the city council for the purchase of Certificates of Obligation in the amount of $700,000. It was noted that the proceeds would be used for a street improvements project. 279. Almon presented council with the official statement. He discussed the maturity schedule and explained the debt service requirements with council. Almon stated that the net effective interest rate was 8.190. A bond buyers index was also handed out to council for their review. Discussion regarding comparable sales. Mayor Armstrong asked what the city'& bond rating was. Almon stated it was a Baa. The mayor wanted to know how to raise the city's rating. Almon stated that management and economic c i r c u m Stan c es were the two factors in determining the rating. Stated the city was doing a good job with its management to get the highest ratings it could with the city's size and economic status. Almon discussed and explained what disclaimer was with council. Discussion. Motion was made by Carolyn Adkins to approve the sell of Certificates of Obligations in the amount of $700,000 to Schneider, Bernet and Hickman as per contract and to adopt the order autho r izing the issuance of the bonds. Harvey Thomas gave the second. Voted unan. 3_ Motion was made by Harvey Thomas to adjourn the meeting. Danny Spindle gave the second. Voted unan. City Secretary MINUTES: Special Called August 11, 1986 Mayor J City Council Meeting MEMBERS PRESENT: Mayor Nel Armstrong, Jerry Jenkins, Danny Spindle, Freddy Inman, Harvey Thomas and Carolyn Adkins OTHERS PRESENT: Steve Shutt, Mary Jo Stover, Richard Brown, Benny Erwin, Stanley Day, Katy Ray, Herbert Arledge, C. G. McNeill and Chris 1. Mayor Armstrong called the meeting to order, gave the invocation and led the pledge to the flag. 2. Council consider the revised resolution authorizing submission of the application for grant assistance through the Texas Community Development Program. Mayor Armstrong advised council that the resolution concerned the application to the Texas Community Development Program and read aloud the following change: From: The City of Sanger commits an amount of $36,000 to insure the completion of the described above. not less than project To: The City of Sanger commits an amount of not less than $36,000 of local funds and also commits to the expendi- ture of any additional funds necessary to insure the completion of the project described above. Motion was made by Jerry Jenkins to adopt the revised resolution authorizing submission of the application for grant assistance through the 1986 Texas Community Development Program. Freddy Inman gave the second. Voted unan.