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07/18/1983-CC-Minutes-Regular183 to $2,000. They are also requesting an annual administration service charge. Almon requested to know what bank Council wanted to use. It was agreed by Council to go with the cheapest bank. (b) Lloyd updated Council on the progress of the new landfill. Lloyd advised Council of the Simmon's lawsuit which comes up on the 18th. Motion was made by Thomas to adjourn the meeting. Adkins gave the second. Voted unan. Meeting Adjourned. MINUTES: City Council July 16, 1983 PRESENT: Mayor Cole, Benny Bridges, Danny Spindle, Freddy Inman, and H. W. Thomas ABSENT* Carolyn Adkins OTHERS PRESENT: Lloyd Henderson, Mary Jo Stover, Debbie McGuire, C. G. McNeill, Ken Cornell, and Jean Crow. 1. The minutes of the July 5, 1983 meeting were approved as printed. 2. Motion was made by Bridges to approve disbursements in the amount of $42,978.33. Spindle gave the second. Voted unan. 3. Motion was made by Inman to approve Sanger Electric Capital Improvements in the amount of $5,192.32. Spindle gave the second. Voted unan. 4. Spindle made the motion to approve TML's request for City support in opposition to SB66. Financial participation of $25.57 to be given. Inman gave the second. Voted unan. 5. Council requested this item be placed on next Council agenda. 6. Council reviewed the variance request for Jean Crow. Mrs. Crow requested a 25' variance to build a new garage on her property line. Mrs. Crow is in the older part of town and her existing garage and storage shed sets on the property line. She wants to line the new garage up with the existing structures. Council was advised that P & Z had recommended she be granted a 15' set back because of the site barrier of the garage when backing immediately out onto the street. Discussion. Motion was made by Thomas to approve the recommendation of Planning and Zoning for a 15' set back. Motion died for lack of a second. Motion was made by Spindle to allow the new garage to be built in line with the existing garage. Inman gave the second. Voting for were: Bridges, Spindle, and Inman. Voting against was: Thomas. Motion carried 3-1. 7. Other such matters: (a) Lloyd submitted a plat of the new trailer park, owned by C. G. McNeill to Council. McNeill is 184 planning to open 250 additional lots, but only Blks. 5 and 6 (consisting of 44 lots) at this time. Lloyd was requesting Council's assistance and recommendations before approving the license. Council was informed that the City's Comprehensive Plan calls for a major thoroughfare to be constructed across this property as an extension of Loop 138 west. This was not.taken into consideration in McNeill's plat. Discussion. It was agreed by McNeill and the City that the plat he presented would show the entrance to be a temporary entrance with the permanent entrance to be built when the North end of the lake is filled in. The permanent entrance to be built as an extension of the city street, Loop 138. McNeill requested the City to furnish the park with two Fire Hydrants. The park is presently being metered by one master meter. Lloyd suggested that the fire hydrants be metered as well, and that some type of reimbursement be made McNeill if and when there was a fire. Council felt since it was a private water line on private land, the fire hydrants should be private and any water usage be billed to McNeill. Discussion. (Fire Hydrants cost $1,470.00.) It was agreed that McNeill purchase the Fire Hydrants and be billed for any usage. Motion was made by Inman to adjourn. Voted unan. Meeting Adjourned. Bridges gave the second. Mayer MINUTES: Special Called Meeting July 26, 1983 PRESENT: Mayor Cole, Benny Bridges, Freddy Inman, H. W. Thomas and Carolyn Adkins ABSENT: Danny Spindle OTHERS PRESENT: Lloyd Henderson, Mary Jo Stover, and Dan Almon 1. Motion was made by Bridges- to approve the minutes of the previous meeting. Inman gave the second. Voted unan. 2. The city received two (2) bids on the purchase of the $300,000 utility system junior lien revenue bond series 1983. They are as follows: (1) (2) Underwood, Neuhaus & Company out of Houston, Texas bid as follows: Gross Interest Cost Less: Premium Net Interest Cost Effective Interest Rate Rauscher Pierce Refsnes, Inc bid as follows: Gross Interest Cost Less: Premium Net Interest Cost Effective Interest Rate $303,160. -o- 303,160. 10.489965% out of Dallas, Texas 302,635.00 72.60 302,562.40 10.469287%