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.