08/11/1986-CC-Minutes-Special279.
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's 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
Mayor
MINUTES: Special Called City Council Meeting
August 11, 1986
MEMBERS
PRESENT:
OTHERS
PRESENT:
Mayor Nel Armstrong, Jerry Jenkins, Danny Spindle,
Freddy Inman, Harvey Thomas and Carolyn Adkins
Steve Shutt,
Stanley Day,
and Chris
Mary Jo Stover, Richard Brown, Benny Erwin,
Katy Ray, Herbert Arledge, C. G. McNeill
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 not less than
$36,000 to insure the completion of the project
described above.
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 DemK;Telopment Program. Freddy
Inman gave the second. Voted unan.
3. Motion was made by Jerry Jenkins
meeting. Carolyn Adkins gave the
to adjourn the special
second. Voted unan.
City Secretary
MINUTES:
MEMBERS
PRESENT:
MEMBERS
ABSENT:
OTHERS
PRESENT:
City Council Meeting
August 4, 1986
Mayor Nel Armstrong, Jerry Jenkins, Danny Spindle,
Freddy Inman, and Harvey W. Thomas
Carolyn Adkins
Steve Shutt, Mary Jo Stover, Richard Brown, Benny Erwin,
Jack Gardner, Jim Allison, Katy Ray, Burl and Carmen
Bourland, Donna Searle, Bill Park, B. McMurray, Richard
Goldstein, Diane Goldstein, Billye Hollingsworth,
Charlene Williams, Ruth Tansey, Sandra Glover,
Terry Walthall, Rev. Glen Noblin, John Gustafason
1. Mayor Armstrong called the meeting to order. Reverend Glen
Noblin, Minister of the First United Methodist Church, gave
the invocation. Mayor Armstrong led the pledge to the flag.
2. The minutes of the July 14th Special Called Meeting and
July 21st regular meeting were approved as printed.
3. Mayor Armstrong requested staff to designate what vehicles
were repaired on all maintenance invoices. The mayor called
council's attention to the Centel telephone bill stating
it was running way ahead of last year's phone bill. Gave
figures. Discussion of other items.
Motion was made by Jerry Jenkins to approve disbursements in
the amount of $36,060.46. Freddy Inman gave the second.
Voted unan.
4. Citizen Input:
(a) The council considered the request for payment of
certain medical expenses relating to the death of
Mrs. Donna Searle's border collie dog. In a previous
meeting council had requested Mrs. Searle to furnish
them with a letter from the veterinarian stating the
cause of death of the animal. The cause of death was
stated to be from heartworm emboli due to mosquitoes
which had bred in the raw sewage caused from a
backup in the city's sewer system. Discussion.
Motion was made by Jerry Jenkins to approve payment
of $562.22 for medical expenses incurred by Mrs.
Donna Searle on Roy: Danny Spindle gave the second.
Voted unan.
5. Council discussed problems (service, billing, repairs, etc.)
with STAR Cable T.V. company representatives Sandra Glover
and Terry Walthal.
Mayor Armstrong gave the audience a background of council
action regarding STAR. She stated that on February 3rd the
c0ty had sent a 90 day notice of cancellation to STAR for