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07-09-1974 (City Council) Minutes 1 I REGULAR CITY COUNCIL MEETING July 9, 1974 The City Council met in regular session July 9, 1974, ini City Hall at - 7:00 PM. Present: Mayor Thomas, Aldermen; Dodd, Nall, Boyd, Martin. City Manager Woodard, Water Supt. Allen, Chief of Police Blanks, Fire Chief Story and City Secretary Oneida Gallagher with Alderman Butler absent. The meeting was called to order by Mayor Thomas. First on the agenda. Frank Medanich with The First Southwest Company met with Council and discussed financing the 15" Sewer Line. Motion was made by Ald. Nall and seconded by Ald. Martin to consider to authorize the issuing of the Notice of Intent to issue Certificates of Obligation to finance the Renovation of a 15" sewer line. All Ayes. Rowland Kreymer, James Putman, and. Kenneth Putman met with Council and presented a bid on paving North Second Street. After discussion Council said they wanted to check further on the street, curb and gutter cost. Motion by Ald. Martin and seconded by Ald. Dodd to approve $500.00 charge by H. D. & R. to prepare specifications for the 15" sewer line. All Ayes. Metal building for Cecil Bardin on S. Birmingham was discussed. Council ask City Manager to check building and usuage. Motion by Ald. Boyd and seconded by Aid. Nall to approve minutes and expenditures for the month of June. Motion carried. ' Meeting adjourned at 9:30 P. M. r` J-L jI ' Donald R. Thom s, Mayor (Ate.t:& jL/g4ti4AJ Oneida Gallagher, City retary MINUTES PERTAINING TO RESOLUTION AUTHORIZING THE GIVING OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION THE STATE OF TEXAS : COUNTY OF COLLIN : CITY OF WYLIE : ON THIS, the 9th day of July, 1974, the City Council of the City of Wylie, Texas, convened in special session at the regular meeting place thereof in the City Hall, the meeting being open to the public and notice of said meeting having been given as prescribed by Article 6252-17, Section 3A, V.A.T.C.S. , there being present and in attendance the following members, to wit: DON R. THOMAS MAYOR R. C. DODD ) DWAYNE BOYD ) ALDERMEN KENNETH NALL ) WILLIAM MARTIN ) and with the following absent: Edward Butler when among other proceedings had were the following: Mayor Thomas introduced the following resolution: "A RESOLUTION by the City Council of the City of Wylie, Texas, making certain findings and authorizing the publication of notice of intention to issue certificates of obligation for the purpose of paying all or a portion of a contractual obligation to be incurred for the purchase of materials and supplies, to wit: sewer pipe and contracts for personal or professional services to be rendered by attorneys, a financial advisor and engineers. " The resolution was read in full. Alderman Nall made a motion that the resolution be passed. The motion was seconded by Alderman Martin and carried by the following vote: AYES: Mayor Thomas and Aldermen Dodd, Boyd, Nall and Martin. NOES: None The Mayor then announced the resolution had been passed and adopted. MINUTES APPROVED, this the 9th day of July, 1974. ATTEST: Mayor, City of Wylie, Texas City Secretary, Cit of Wylie, Texas 4 3 � A RESOLUTION by the City Council of the City of Wylie, Texas, making certain findings and authorizing the publication of notice of intention to issue certificates of obligation for the purpose of paying all or a portion of a contractual obligation to be incurred for the purchase of materials and supplies, to wit: sewer pipe and contracts for personal or professional services to be rendered by attorneys, a financial advisor and engineers. WHEREAS, the City Council of Wylie, Texas, has decided to finance the cost of purchasing certain materials and supplies needed to make improvements to the City's Sewer System; and WHEREAS, it is hereby found and determined that such financing can best be accomplished by the issuance and sale of certificates of obligation under the provisions of The Certificates of Obligation Act of 1971, as amended, such certificates to be payable from ad valorem taxes and the net revenues of the City' s Sewer System; and WHEREAS, it is further found and determined that the amount of certificates to be issued shall include a sum sufficient to pay contracts for personal or professional services to be rendered by attorneys, a financial advisor and engineers in connection with the issuance and sale of said certificates and the improvements to be made to the City' s Sewer System, and WHEREAS, prior to the issuance and sale of such certificates the City Council is required to publish notice of its intention to issue the same; now, therefore: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1: That the Mayor of the City is hereby authorized and directed to cause notice to be published of this City Council s intention to issue certificates of obligation in an amount not to exceed $ 50, 000 for the purpose of paying all or a portion of the contractual obligation to be incurred for the purchase of materials and supplies, to wit: sewer pipe and paying contracts for personal or professional services to be rendered by attorneys, a financial advisor and engineers in connection with the issuance of said certificates and certain improvements to the City' s Sewer System; such certificates to be payable from ad valorem taxes and the net revenues of the City' s Sewer System. The notice to be published (the form and contect of which is hereby approved) shall read substantially as follows: