Loading...
12-22-1987 (City Council) Agenda Packet AGENDA SUMMARY TUESDAY, DECEMBER 22, 1987 ITEM NO. 1 - APPROVAL OF MINUTES: No additions or corrections. ITEM NO. 2 - ACCEPTANCE OF RESIGNATION OF LARRY T. NICKELL: Mr . Nickell is on the Park and Recreation Board and has submitted a letter of resignation to be effective immediately. Mr . Nickell ' s term will be up in July, 1988 . ITEM NO. 3 - APPOINTMENT TO PARK AND RECREATION BOARD: This appointment will fill Mr. Nickell ' s vacancy, with the expiration date of July, 1988 . ITEM NO. 4 - PUBLIC HEARING ON AMENDMENT TO ORDINANCE 85-60: This amendment is to the ordinance which created Benedict Estates Planned Unit Development and is adding a temporary building for a sales office as an additional permitted use. Planning and Zoning Commission has reviewed this amendment and held a public hearing on it. Planning and Zoning Commission unanimously recommends this amendment . All notices were mailed and run in the paper in accordance with State Law. ITEM NO. 5 - APPROVAL OF ORDINANCE AMENDING ORDINANCE 85-60: Planning and Zoning Commission unanimously recommends the amendment to Ordinance 85-60 . Staff recommends this amendment to allow a temporary sales building as a permitted use. ITEM NO. 6 - APPROVAL OF RESOLUTION TO PROVIDE AND ESTABLISH A DEFERRED COMPENSATION PLAN FOR CITY EMPLOYEES: This deferred compensation plan for City employees is through ICMA Retirement Assoc. and is an excellent way to supplement the Texas Municipal Retirement System and Social Security. This is required to be a payroll deduction for any city employee who is interested , and is part of the City Managers agreement. The City is obligated to pay 5% of the City Managers salary for additional retirement. The City is not obligated to pay any other funds, but this plan would be available to any city employee an an investment for retirement. ITEM NO. 7 - AWARD OF BID ON THE RELOCATION OF THE COMMUNICATION TOWER FOR POLICE DEPARTMENT: There were nine bid packets were mailed out to potential bidders . There were four (4) bids received Friday, December 18, 1987 . References and bid bonds will be checked by Tuesday night with a recommended vendor. It appears costs will run about $6 ,000 . - $7 ,000 . ITEM NO. 8 - AUTHORIZATION TO SEEK BIDS ON THE PURCHASE OF A SANITARY SEWER PUMP TRUCK: This item is before you as it is part of the order from the Texas Water Commission requiring the City to have both a primary and back-up vehicle for the City' s mobile sewage transport system. A used truck will cost between $30,000 . and $35,000 . and a new truck will cost between $70 ,000 . and $80 ,000 . This vehicle can be leased/purchased or purchased through selling of equipment notes. There has been $12 ,000 . appropriated in this years budget as the first year' s payment . ITEM NO. 9 - DISCUSS TEXAS WATER COMMISSION ENFORCEMENT ORDER SUMMARY: The enforcement order from the Texas Water Commission was signed on June 24 , 1987 and to date the City has been able to meet the deadlines with the help of North Texas Municipal Water District and CH2MHill . In your packet you have a summary of the status of each of the provisions and the dates they were submitted or the dates they are to be submitted by. Mr . Ron Homeyer will be discussing all the requirements Tuesday night. We have set a meeting in Austin with Texas Water Commission on January 5 , 1988 . ITEM NO. 10 - DISCUSS PRIORITIZED SEWER COLLECTION SYSTEM IMPROVEMENTS: These improvements are part of the enforcement order from the Texas Water Commission. There are two plans, Plan A and Plan B along with cost estimates and maps. Staff needs direction from Council on which plan to take back to the Texas Water Commission for presentation in January, 1988 . Money will be borrowed from a Texas Water Development Board grant through North Texas Municipal Water District. These funds will have to be obligated from future taxes or water and sewer rates . ITEM NO 11 - CITIZEN PARTICIPATION: No comments ITEM NO. 12 - COUNCIL DISCUSSION: No comments ITEM NO. 13 - ADJOURN No comments CITY COUNCIL MEETING MINUTES DECEMBER 8, 1987 The Wylie City Council met in regular session on Tuesday, December 8 , 1987 in the Community Room at 7 :00 P.M. A quorum was present and notice of the meeting had been posted in the manner and time required by law. Those present were Mayor Pro Tem Sandra Donovan, Council Members John Akin, Chris DiTota, and Marvin Blakey, City Manager John Pitstick, City Secretary Carolyn Jones, Code Enforcement Officer Roy Faires , City Attorney Rob Dillard. Mayor Trimble and Councilman Crane and Councilman Westerhof were absent. Mayor Pro Tem Donovan called the meeting to order and gave the invocation. APPROVAL OF MINUTES NOVEMBER 10TH AND 24TH COUNCIL MEETINGS: There being no corrections or additions, a motion was made by Councilman Akin to approve the minutes as submitted. Seconded by Councilman Blakey. The vote was as follows : Mayor Pro Tem Donovan - in favor, Councilman Akin - in favor, Councilman DiTota - in favor, and Councilman Blakey - in favor . This motion carried with all in favor . DISCUSSION OF PLUMBING CODE REVISIONS TO COMPLY WITH WATER CONSERVATION PLAN: City Manager John Pitstick stated the water conservation plan is required by Texas Water Development Board. There are several changes that are required not only for new homes, but when someone is remodeling their home. Councilman Ditota wanted to know if the plan is the same as being adopted by other cities. City Manager John Pitstick said these seven (7) items are in the Southern Bldg. Code and we do not have this code, but this Ordinance would adopt these seven (7) items . Councilman Akin said we have to comply with these rules in order for the loan from Texas Water Development Board and we are also trying to conserve water. City Manager John Pitstick said this is a discussion item, that the plan will be presented to the Texas Water Development Board for approval . DISCUSSION OF TRIGGER CONDITIONS WHICH INITIATES THE DROUGHT CONTINGENCY PLAN: City Manager John Pitstick said this is another item that is required by the Texas Water Development Board. The City is required to adopt trigger conditions for mild, moderate, severe, and critical emergency conditions for water rationing within the City. The City is dependent on North Texas Municipal Water District and lake levels at Lake Lavon to trigger these conditions. This is the only way to apply trigger conditions. North Texas Municipal Water District has established lake elevations for setting trigger conditions for all municipalities under their district . City Manager John Pitstick stated that he did not believe we will ever have any trouble, but we are required to do this. The first year , we have to inform the public twice during the year about conserving water, then yearly thereafter. APPROVAL OF RESOLUTION APPROVING THE WYLIE WATER CONSERVATION AND DROUGHT CONTINGENCY PROGRAM: City Manager John Pitstick stated that a resolution is required approving a water conservation and drought plan as a final step for releasing funds under the Texas Water Development Board. A final ordinance will have to come to the Council for adoption as well as a public information program. Motion was made by Councilman Akin to approve the resolution approving the Wylie Water Conservation and Drought Contingency Program. Seconded by Councilman Blakey. The vote was as follows : Mayor Pro Tem Donovan - in favor, Councilman Akin - in favor, Councilman DiTota - in favor , and Councilman Blakey - in favor . This motion carried with all in favor . APPROVAL OF PRELIMINARY PLAT OF WESTGATE TERRACE: This is a portion of the Westgate property located between FM 544 and FM 3412. This is the tie to the present Westgate Development that was approved for construction several weeks ago. The Planning and Zoning Commission has reviewed this plat and recommends it to Council for approval . Motion was made by Councilman Blakey to approve the preliminary plat for Westgate Terrace. Seconded by Councilman Akin. The vote was as follows : Mayor Pro Tem Donovan - in favor, Councilman Akin - in favor, Councilman DiTota - in favor, and Councilman Blakey - in favor . This motion carried with all in favor. APPROVAL OF AWARD OF BID FOR TWO (2 ) POLICE CARS: City Manager John Pitstick stated there were eleven bid proposal mailed out and three bids were submitted. The bids were as follows : Preston Road Chrysler - Plymouth - Dallas $12 ,112 .00 each Andrew Ford - Rockwall $15 , 820 . 13 each Ray Chevrolet - Plano $12 ,533 .99 each Councilman Akin wanted to know how many police cars we have on line. City Manager John Pitstick said this would relieve two police cars for auction. Councilman Akin said it seems like it should be time for another auction. City Manager John Pitstick said there is plans for another auction this coming spring. Councilman Akin wanted to know if staff has an inventory on equipment and what is surplus . City Manager John Pitstick said staff keeps an inventory list. Councilman DiTota wanted to know if there was any difference in warranty on these bids. City Manager John Pitstick said no, these were standard police bid specs . Councilman Akin wanted to know how many police cars. City Manager John Pitstick said seven cars with two not being used. Mayor Pro Tem Donovan said this was planned in the budget to replace police cars every year in order to keep the cars in good shape. Motion was made by Mayor Pro Tem Donovan to approve and award the bid to the low bidder, Preston Road Chrysler- Plymouth for $12 ,112 .00 each. Seconded by Councilman DiTota. The vote was as follows : Mayor Pro Tem Donovan - in favor , Councilman Akin - in favor, Councilman DiTota - in favor , and Councilman Blakey - in favor. This motion carried with all in favor . CITIZEN PARTICIPATION: Mayor Pro Tem Donovan open the meeting up to the citizens who might wish to speak and requested they keep their comments to within two minutes . There was no one at this time that came forward. COUNCIL DISCUSSION: Councilman Blakey said there is a ditch along FM544 between Hilltop Street and Akin Lane that holds a lot of water . Councilman Blakey said he thinks a gradeall would help this problem. City Secretary Carolyn Jones referred Council to a letter received from Collin County about meeting on December 10th providing information on services and programs available to cities and city officials throughout Collin County. Councilman Akin wanted to know if the sweeper was working. Mr . Ron Homeyer said no it is down. City Manager John Pitstick said staff has not been using the sweeper due to not having the manpower . Councilman Akin wanted to know if we have a qualified operator for the Bomag . Mr . Ron Homeyer said yes , the street supervisor . Councilman DiTota said in looking at the letter from Garland in regards to Reciprocal Agreement for Electrical Licensing, paragraph B section C e which refers to residing within fifty miles of the location of the electrical contracting business, does this solve the problem of no limitation on reciprocating. Mr . Roy Faires , Code Enforcement Officer said it is taken care of and there is no problem. Mr . Faires also stated he has a meeting this coming Thursday with Dallas on their reciprocal agreement with Wylie. Councilman DiTota said two meetings ago the Council passed an ordinance about putting out trash, this was to go out in water bills, is it going out this month. City Manager John Pitstick said he would check and make sure that a message went out on this ordinance. City Manager John Pitstick said he has been in discussion with Sanden Corp. this week and they are fast tracking -- there will be two buildings -- their plans are to begin work in February 1988 and be in production by February 1989 . City Manager John Pitstick also said that staff has moved into the new complex and we hoped to have police department moved shortly. Also the citizen survey will be going out Thursday morning and we are asking that they be filled out and returned by Tuesday, December 15, 1987 . Mayor Pro Tem Donovan thanked Carolyn Jones and John Pitstick for the Christmas Party. Mayor Pro Tem Donovan said there needed to be a called meeting next week for the signing of the ambulance contract, would Monday, December 14 , 1987 at 7 : 00 P.M. be alright . There was no objection so the meeting was set for Monday, December 14th. Mayor Pro Tem Donovan recessed the open meeting. Mayor Pro Tem Donovan convened Council into executive session at 7 :38 P.M. under the Authority of Article 6252-17 V.A.C.S. , Section 2 paragraph "e" Consultation between the governmental body and its attorney concerning negotiation with Lifeline Christian Care Ambulance, Inc. Mayor Pro Tem Donovan reconvened Council into open session at 8 : 15 P.M. There being no other business, Mayor Pro Tem Donovan called for a motion to adjourn . Motion was made to adjourn with all in favor. Sandra Donovan, Mayor Pro Tem ATTEST : Carolyn Jones , City Secretary CALLED CITY COUNCIL MEETING - MINUTES DECEMBER 14 , 1987 The Wylie City Council met in a called session on Monday, December 14 , 1987 at 7 :00 P.M. in the Community Room. A quorum was present and notice of the meeting had been posted in the manner and time required by law. Those present were Mayor Chuck Trimble, Council Members Calvin Westerhof , Kent Crane, John Akin, Chris DiTota and Marvin Blakey, City Manager John Pitstick, City Secretary Carolyn Jones, Finance Director James Johnson, Chief of Police Royce Abbott . Mayor Pro Tem Sandra Donovan was absent. Mayor Trimble called the meeting to order and Councilman Akin gave the invocation. APPROVAL AND AUTHORIZED EXECUTION OF CONTRACT FOR PROVISION OF ADVANCED LIFE SUPPORT AMBULANCE SERVICE TO LIFELINE CHRISTIAN CARE AMBULANCES, INC. : There being no discussion carried forward from the last meeting on this item, a motion was made by Councilman Westerhof to approve and execute the contract with Lifeline Christian Care Ambulances, Inc. Seconded by Councilman DiTota. Councilman Crane wanted to know about the County runs. City Manager John Pitstick said staff had notified County that as of Jan. 1 , 1988 the City would no longer run ambulance service beyond their city limits . The vote was as follows : Mayor Trimble - in favor, Councilman Akin - in favor , Councilman Westerhof - in favor, Councilman DiTota - in favor , Councilman Crane - in favor, and Councilman Blakey - in favor. This motion carried with all in favor. There being no other business, a motion was made to adjourn. Chuck Trimble, Mayor ATTEST: Carolyn Jones , City Secretary ri) ..Carry7cbe/r,GENERAL DENTISTRY December 9 , 1987 Carolyn Jones City of Wylie P. O. Box 428 " �, Wylie, Texas 75098 DEC 1 11987• Dear Carolyn , { I regret to inform you of my decision to relinquish my seat on the Parks and Recreation Board. Commitments within my family, business, and church have not allowed me the time to devote to this position that it deserves. In coming years , I hope to become more involved in city affairs. Regretfully, Larr'Nickell D.D. S . pb 405 SOUTH BIRMINGHAM WYLIE. TEXAS 75098 TELEPHONE 442-2515 Staff Report to Mayor and City Council DATE: SUBJECT: NO: / 12-18-87 AMENDMENT OF ORDINANCE 85-60 The Planning & Zoning Commission conducted a public hearing on November 30, 1987, to consider to the City Council the amendment of Ordinance 85-60 which created the Benedict Estates Planed Unit Development they recommended unanimously that an additional permitted use be added to wit : A temporary building for use as a real estate sales office limited to a two year period. ORIGINATING DEPT.HEAD DISPOSITION BY COUNCIL Roy Faires FOR DD.INFO. CONTACT: OTHER: APPLICATION TO 11 Board of Adjustment and Appeals (Building) ORDINANCE 83-15 . Board of Adjustment and Appeals (Zoning) ORDINANCE 81-5 © Planning and Zoning Commission ORDINANCE 81-5 NAME Stonegrove Builder's Council • ADDRESS 120 Kristen Lane Wylie, TX 75098 • LOT 4 BLOCK , A SUBDIVISION Stonegrove BASIS OF APPLICATION: JInterpretation Special exception for use or development IVariance i1 Rezoning l J Exception to Building Code EXPLANATION: We are requesting an amendment to Ordinance 85-60-which created the Benedict Estates Planned Unit Development. Said amendment to add a temporary, building for a sales office as an additional permitted use. -4- L.2 SIGNITURE of APPLICANT ..�.��- DATE JA S— ? Must be accompanied by filing fee of $ • • Received: 1 41/ J 3 0 Date: ^ter CODE EN CEMENT OFFICER 11:tCU1� t)CI1Cr .11 No •. I• j e;, Is. %, /INA4. /ut .4. \ .4, # '� vaArrctaco de Id v,NA au� �'�'_ s a>sTaAcT aaa i r/ �♦ COLLIN COUNTY, TEXAS / �! a `�. . �` �' AM ACOCTION TO / NI CITY OP W`(LIS , TM IA• •• O/ ? \ \ O•►/ •1I/ +1•% • KA\i l'•dd • JOG uo IyCb9 w. ' I ' t ...y M.Y1• 4 /Pewitf up lit r lb le • • LL 1 1111116 1.• •A ��� V t\V r \ Leal rM 0 •Ao n�o> 1 i ` ,a ,. 1 '• -- i 4 . _.q.,.7. •� t. t N to1 .t j i . a 'V.. \ 114 irk \ \ _ 3OJ W 4\ ' I f .1\ :r-: " '� _ . •� � 1 v J , 4 sill-- \ 1 r •1 L — � - 4 ......� t 1 ,� t..!,, ..... <>4.N. 1.4z. ' \ NIN:3.1 � R• �. `♦ •.�: 0 / ice---� I..% , • ;*: �• w� ' i 4M/4 �O` \ it � ,. �wr •" '..ot NI ArN� �, era .- ~• i- r ►. O0 V LAIN .■ ,, 76. AI S• • - «rio'/ •r 1b° \ '�i Ia. :43.4 o i . IN/ / .;. OvA.,.,IL\ Ndb 14. .tb 7-9' I: Iv. _ 4 , ... �h ,fit t = 0 ,) vi i .I I.. ••• l-'ti'Vow -•,1� ` • 1k.), ir,ek. ..0- . • •444,�V7'y / ) w �y r r %� PPP AK. isei. /^ 1 . • i e : t • �, J '/ �..t! �� ` • ��'/ •N. : r. . �Pi�i �l• ... .•... �.� t- .I f/''lam / //•/,► • , •. yam. wN N i. i!vl e• it •e..1/ 0. {� '�♦ \ • `. y =s ��� J t A C { .fir J. /� ♦ / Lir �►�l �.I)` • • I $? •4,....... . J,••• - - -........ _ t 7f:iI' 4at `'.� 4 .9 'Ii rA' r ion3t > • 1 1 .i r _. _-.•___/_i._ • ir i. ... a a .. - b MPOM 4 .S(S 1, •_ r.N y JAM 1a•a ._ :um ORDINANCE NO. AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, AMENDING ORDINANCE NO. 85-60, BY ADDING THERETO A NEW PERMITTED USE (TEMPORARY SALES OFFICE) PROVIDING A REPEALING CLAUSE; PROVIDING A SEVERABILITY CLAUSE, PROVIDING PENALTIES FOR VIOLATION OF THIS ORDINANCE NOT TO EXCEED THE SUM OF FIVE HUNDRED DOLLARS ($500. 00) FOR EACH OFFENSE; AND DECLARING AN EFFECTIVE DATE. WHEREAS: the City Council of the City of Wylie, has determined that, in the best interest, of the Planned Unit Development established by Ordinance No. 85-60 a sales office in a temporary building is a reasonable request, therefor BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, that SECTION 1. Ordinance 85-60 is hereby amended by adding thereto an additional permitted use to wit : Temporary Building for a real estate sales office limited to a two year period. SECTION 2. That all ordinances of the City in conflict with the provisions of this ordinance be, and the same are hereby, repealed and all other ordinances of the City not in conflict with the provisions of this ordinance shall remain in full force and effect. SECTION 3. Should any paragraph, sentence, subdivision, clause, phrase or section of this ordinance be adjudged or held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this ordinance as a whole or any part or provision thereof other than the part so decided to be invalid, illegal or unconstitutional and shall not affect the validity of the remaining portions of this ordinance. SECTION 4. Any person, firm or corporation violating any of the provisions or terms of this ordinance shall be subject to a fine not to exceed the sum of Five Hundred Dollars ($500. 00) for each offense, and each day such violation shall continue to exist shall constitute a separate offense. SECTION 5. This ordinance shall take effect immediately from and after its passage and publication of its caption, as the law in such cases provides. DULY PASSED by the City Council of the City of Wylie, Texas this the day of , 1987. Chuck Trimble, Mayor ATTEST : 67 Carolyn Jones, City Secretary Staff Report to Mayor and City Council DATE: SUBJECT: NO: ,s,e, 12-17-87 Deferred Compensation Plan through ICMA Ret. Corp. This is being brought forward to City Council as a resolution to allow for an additional deferred compensation retirement plan for all city employees. As part of the City Managers agreement the City would pay 5% of the City Managers salary for additional retirement. This years budget would be $2 , 250 .00 . The City of Wylie is not obligated to pay any other funds, but this plan would be available to any city employee as an investment for retirement . A payroll deduction is required and any city employee could choose from several investment options with no minimum contributions. Although all city employees may not be interested, this plan has proven to be an excellent way to supplement the Texas Municipal Retirement System and Social Security with an employees own funds particularly for department heads. ORIGINATING DEPT.HEAD DISPOSITION BY COUNCIL John Pitstick, City Manager' FOR ADD.INFO. CONTACT: OTHER: John Pitstick, City Manager ICMA RETIREMENT CORPORATION INONNOIMMINIMINNIMI ICNA-RC DEFERRED COMPENSATION PLAN SUMMARY OF KEY FEATURES BACKGROUND - The ICMA Retirement Corporation's (RC) status as a non-profit, tax-exempt, service organization is unique among deferred compensation administrators. - RC offered the first nationally available deferred compensation plan under section 457 of the Internal Revenue Code. - More local governments have the ICMA-RC deferred compensation plan than any other plan. FEES As a non-profit service organization, the Retirement Corporation has the lowest fees of any nationally available deferred compensation plan: - $1.00 per month account maintenance fee (Not charged to participants actively contributing less than $66 per month) - 1% annual fee is charged for managing funds in the variable options (Stock, Balanced and Bond Funds) . FLEXIBILITY The ICMA-RC plan allows the most flexibility allowed by the IRS regulations. - No minimum contribution - No fees or penalties for fund-to-fund transfers - No fees or penalties for lump sum withdrawals - No restrictions on transfer amounts for fund-to-fund transfers. INVESTMENT CHOICES RC currently offers four investment options open to all participants. Taken together, options allow an employee to participate in the major investment categories considered prudent for retirement planning. - The Guaranteed Fund is unique because of the no-step down feature which insures excellent returns for longer periods of time. See attached performance reports. /// ICMA RETIREMEN"1 CORPORATION THE VARIABLE FUNDS KEY POINTS: 1. These three funds provide participants with the greatest potential for earnings on investments over a five to seven year period of time. 2. Fund managers are reviewed on a quarterly basis for performance. 3. With the variable funds your principal and interest are not guaranteed. A history of these funds' performance is listed below for your review. Stock Fund* Balanced Fund Bond Fund 1976 32.00 14.31 9. 39 1977 20.50 -2.61 3. 56 1978 34.80 4.07 2.98 1979 49.60 17.50 6. 37 1980 58. 90 25.00 7.76 1981 8. 90 -4.84 9.70 1982 45.30 21.55 26.76 1983 28.70 9.57 5.39 1984 -3.00 2.11 10.81 1985 36.17 28.00 19.32 1986 19.49 16.24 14.72 1987** 31.13 20.20 -2.85 * RC has offered the stock fund only since April 1983. The data is based on the performance of our stock fund managers. **Figures for 1987 reflect third quarter earnings. /c2i- K;NA RETIREMEN I cORPORATI()N THE GUI FUND KEY POINTS: 1. With the Guaranteed Fund your principal and interest are guaranteed. 2. Interest rates are guaranteed on current deposits for a specific time period. A history of this fund' s performance is listed below for your review. GUARANTEED FUND: RATES IN EFFECT Guaranteed Rate Deposit Period (Effective Annual Yield) Guaranteed Through 7/1/79 - 9/30/81 13.00% 10/31/88 10/1/81 - 6/30/82 14.00% 9/30/87 7/1/82 - 6/30/83 15.25% 9/30/87 7/1/83 - 12/31/83 11.00% 12/31/86 1/1/84 - 2/28/85 11.75% 12/31/89 3/1/85 - 7/31/85 11.50% 12/31/87 8/1/85 - 12/31/85 10.50% 12/31/87 1/1/86 - 3/31/86 10.00% 8/31/91 4/1/86 - 6/31/86 7.25% 3/31/88 7/1/86 - 9/30/86 7.35% 6/30/89 10/1/86 - 11/30/86 7.28% 9/30/91 12/1/86 - 3/25/87 7.30% 3/31/90 4/1/87 - 6/30/87* 6.80% 4/01/88 7/1/87 - 8/31/87 7.80% 8/31/92 9/1/87 - 11/30/87 8.10% 11/30/91 12/1/87 - 2/29/88 8.10% 8/31/93 *Or earlier, if contract obligations are met. 73 ICMA RETIREMENT CORPORATION Fww INANAGBRS Variable Funds Stock Fund: Fidelity Management Trust - Fidelity Magellan, Boston, Massachusetts Investors Research Corporation - Twentieth Century Select, Kansas City, Missouri Newbold's Asset Management, Philadelphia Pennsylvania Balanced Fund: Invesco Capital, Atlanta, Georgia Forstman-Leff Associates, New York Investment Counselors of Maryland, Baltimore Bond Fund: American Security Bank, Washington, D.C. Dewey Square Investors, Boston, Massachusetts Lowe, Brockenbrough, Tierney and Tattersall, Richmond, Virginia Guaranteed Fund Underwriters John Hancock Mutual Life Insurance Company, Boston, Massachusetts New York Life Insurance Company, New York The Prudential Insurance Company of America, Newark, New Jersey Transamerica Life Insurance and Annuity Company, Los Angeles, California The Travelers Life Insurance Company, Hartford, Connecticut ICMA RETIREMENT CORPORATION WHO MANAGES RC'S STOCK FUNDS? Mutual funds managed by RC's stock fund managers recently topped the Forbes list of consistent earners. The two highest-rated funds were Fidelity Magellan and Twentieth Century Select. The managers of these funds, Fidelity Magellan Trust of Boston and Investors Research Corporation of Kansas City, also manage RC's stock funds. Fidelityg Ma ellan mutual tops `consistent earners' list Special for USA TODAY the survey period. Forbes honor roll. A S 10.000 investment in the The worst long-term per- NEW YORK-The Fidelity fund would have grown to former was New York-based Magellan Fund is tops among S 103.000 during that period. First Investors Natural Re- mutual funds for consistency. Four other funds earned sources.which had an average says Forbes magazine. more than 25% average annu- annual loss of 0.3%. Forbes' 30th annual survey al total returns: Kansas City- New York-based 44 Wall of more than 1.150 mutual based Twentieth Century Se- Street Fund(3.8% average an- funds grades them on the basis lect fund. 28 0; Houston-based nual total return) and Green- of consistency in both bull and American Capital Pace Fund. wich. Conn.-based American ',ear markets between Sept. 30. 27.5%: the Harrison. N.Y.- Investors Fund(6%)also were 1976. and June 30. 1985. based Evergreen Fund.26.4%; at the bottom. No. I on Forbes'list: Boston- and Milwaukee-based Nicholas Three of the five funds man- based Magellan.a$2.9-billion- Fund 25.4%. aeed by Washington. D.C.- asset fund. Its average annual Twenty-three mutual funds based Steadman funds ranked total return was 33.3-% during made the magazines 1985 in the bottom six. The pick of the mutual funds The top performers in Forbes' honor roll of mutual funds: Avg. annual 1-yr. return Fund total return' through 8/29 Fidelity Magellan 33.3% 27.8% Twentieth Century Select 28.0% 18.1% American Capital Pace 27.5% 12.2% Evergreen 26.4% 23.8% Nicholas 25.4% 26.4% American Capital Venture 24.9% 3.7% Mass. Capital Dev. 23.8% 14.3% Over-the-Counter Securities 23.4% 24.5% Claremont Capital Corp. 23.1% 22.0%2 Loomis-Sayles Capital Dev. 22.7% 28.2% • Sigma Venture Shares 22.7% 18.1% Pennsylvania Mutual 22.6% 19.4% Growth Fund of America 22.3% 13.5% NEL Growth 22.2% 14.7% Fidelity Destiny 22.1% 15.4% '9/30176 through 6/30/85 2return through July Source: Forbes; Upper Analytical Securities Corp. Copynght. 1985 USA TODAY. Reprinted with permission. RESOLUTION NO. 87-12-22-87-1 RESOLUTION OF THE CITY OF WYLIE TO PROVIDE AND ESTABLISH A DEFERRED COMPENSATION PLAN THROUGH ICMA FOR ALL CITY EMPLOYEES WHEREAS , the City of Wylie has employees rendering valuable services; and WHEREAS, the establishment of a deferred compensation plan for such employees will serve the interests of the City of Wylie by enabling it to provide reasonable retirement security for its employees, by providing increased flexibility in its personnel management system, and by assisting in the attraction and retention of competent personnel; and WHEREAS, the City of Wylie has determined that the establishment of a deferred compensation plan to be administered by ICMA Retirement Corporation will serve the above objectives , and WHEREAS, the City of Wylie desires that the investment of funds held under its deferred compensation plan be administered by the ICMA Retirement Corporation, as Trustee, with the understanding that such funds will be held by the ICMA Retirement Trust, a trust established by public employers for the purpose of representing the interests of such employers with respect to the collective investment of funds held under their deferred compensation plans: NOW THEREFORE BE IT RESOLVED THAT THE CITY OF WYLIE adopts the deferred compensation plan, attached hereto as Appendix A, and appoints the ICMA Retirement Corporation to serve as Administrator thereunder; and BE IT FURTHER RESOLVED THAT THE CITY OF WYLIE hereby executes the ICMA Retirement Trust , attached hereto as Appendix B; and BE IT FURTHER RESOLVED THAT THE CITY OF WYLIE hereby adopts the trust agreement, attached hereto as Appendix C, and appoints the ICMA Retirement Corporation as Trustee thereunder, and directs the ICMA Retirement Corporation, as Trustee, to invest all funds held under the deferred compensation plan through the ICMA Retirement Trust as soon as is practicable; and BE IT FURTHER RESOLVED THAT THE CITY OF WYLIE shall be the coordinator for this program and shall receive necessary reports, notices, etc. from the ICMA Retirement Corporation as Administrator, and shall cast , on behalf of the City of Wylie, any required votes under the program. Administrative duties to carry out the plan may be assigned to the appropriate departments. DULY PASSED BY THE CITY COUNCIL OF THE CITY OF WYLIE ON THIS THE 22 DAY OF DECEMBER, 1987 . Chuck Trimble, Mayor ATTEST : Carolyn Jones, City Secretary i 11111 Iiit � � � �(ijli iJ !J!IIfli !i I Ii 1'11111011i lS@f • i Ft tEF I #jIIIi! i!f ? 1ii : Iili I ` � IrF � i ' ij1 � lp } HiiIIiIIIiill!i t1in 111111 �itp g I jh 9I{ i �� jIJiJIiIhI1IJ !H: Y j jJ it� �illijll:l�.. -:'.'4.t, 5 I 4- � iil [ 111111 ' iIII1I ii liii III Ilillullii 11 glal pril iiiiiib 11 Pal 61 11 WI 1 1i1 ' �Ea i E ' r IJJ +!� n 4 � •4 � LFt ilipilly [ Fi algppsatt° �ys4p � iig niiipiri � mi � y � 11 !! 4 1111 IC = 48 ; = E �i� 1 # 3� yiAi ° / i Piiiiirii li PP li ! I ; 1 lb II " � � eftgy � € g i III t 1i Ai11i iili fl1 1. e i1 I1tih1P "itF � 12l1 li/ i0 11s{ �11111111I111111191111101ii z {yfb � i; iii iit i l0'4 '1 1. j ;S �t1 €jiipg�j 1`! € . " lluIiIHI ' f �1 ecial01 $ I1h1iti1{ iBFC 1fib1te � t1l} aIydpi t -'l 1 ! Jt .jijIilluilldi5 { f':• { i 1 xi 11B 1a: l Min iiiill ; t Hirai 21111 illillintinlii 1111 ° Illsr • 2v l 12 iii Zsf Bf � illie �:� a � flli Aa � : �[: ; i: i�c : s �11c: 1 JI +� e iiii2: i Mil i NIA i Ip. 0 .6 Iii , NIPil Oh lii.4/11111p111 Phil l ! Pfil rig Wln V11111101111 flialthp111 S F9 illik t li 14 : 4filii IiusZJ ! JafjIJIj IL 91 Illilliti f g� il g8l t ei 4 PHI '. t'l ill JII i5 111Powili Hill II , qllill iii vpigiii• pa:1111111i 'Id I .: * if ludili iik Will � E $ � ip hi i �fr�R� fqii � iJtpp 1i 2i Pithill pIt ii ifill :4111 ir,, i. , 011,1 iiIi1ii i ', lliii ., . „ ., !„ . e $ �{.,, t„,, ,, € , „ .§ 5 12 ib �I �Et i i !111 !!iz g ; pl !IIIlI!II"Ih ;i I ,iii' !!iI i FF � 0 Ili • . Ii! ivtiii1 i1iii ful1ll 6imd!5 3 � � ° et � ) � c �� ll4k1ti' `liz64 Itzulh!1jih ! b1iJ1 ! t F ; t{Y1 S7 1ill1zpi 0iaml IiP ii � =I1ujiJ [1rIl - y Iii 1tli18H� 'ti' spit ? II11z1619 1ii : 4 �j3 ;If1f�i�� i1} 9i$i 1flltzlblftlj1Jiijf 1$i0 11¢' � ; ��ai [ i ; iF: E ,aieF�_�F2j : F JI 1hIE �tFeIaEIEi;�: itiligillii . . 1. 110 - J., ., • ' '''' ' 1 ' II • g • rill bi i�� 9 � �i d(� g� F ' Syl �giti lie ` K� E� fjp41 r i fq / q 7 6 1 R 1 ? it .'''E'.: 11 "I faitiirillii IF I III ' U sp ' e 11 g q • 1 5. ' la . > ;./ 5. 1 H laf" . 1 %147 14 45414184 rld i 1 I . . '' ' 10 " I ii NH I ; 11 Rr 11 ' I 1 e .:".' 4 11 1 I r pig trl 1 . 0.14 fp , I I i . g ig L54 • � ill liE 141 11 24'1 i g 1 . : " ii !lir E Itier rgill • ill . ill I ,., ., tiair! iI (iiuhi " th1 , uuhi pi ie� � r I .1 Ii ! riI • gq • ''% il iliflifil # :: ° I r $ '4 'i ! pal NI lifillil IfillinVil 'al iiiiiiit 1 l 1! & � g lit in Li9iil 1 W�: i�� 1i fl � � � �� L !JIILIJI H � E li ; �ip � �i H l � .. ` i 7 � ' d � gfl i S f {14 p F � d €I � ��g; �p, p° Jifidili$ > �(�� :! liDv �: hi ! � [{ srI :A ; ;jjJ sad : �lEl ` �p°F6Yj �•34 Ft � 4 $VI I � gEY $E Il � pil jp 1j1 ' ��� [f f +�� � � E f��a� �� pf! EJilJ s�9 1 � Ile �� t � [�}�41� �1 :#� � �� JOi iiJil1I� , i9 4 : 111111qi Y iif � it ° � ' llYjtle � fliE § �R: Z' ii1I11flp OW. i . 6eAIWA� e �s �i5 ; ad PIP : IIli: � ijB ! Id $ 11Zr � li f ! � ii . Hall�. � ! € �� � �e : � ➢ fi rif� ! �1 „�efilgE ¢§ 1) 1101 : 11illifiting : tj i 111 � • ii blIi; lily g!II1iI � 5 iqi � 8lt l E ' ffItl fs) i l E�S� § liiq :° E i 11P C 1 jl 'ii° g 6l � I :` i li E ; ° a Id 15 g € iiillj � � piii ift NI 124 lisillii1411 J . LLb?�iliilBei�i ill/ Ju ' : aP��1l Minifii2a: {1 ! �: � grg I wsa , it'll 'If Ilfrrti ilitliii !th . III i li litililif!! illitliiii IP § %6 a ii sigi tirti IP ail ; i ' ,, oil vir It...; 111011f1 Iiiiiiii ill „,, ., iF "'" 9 ir , 2 g 2 tit 7 0 , iff it, illtlIMUI [pal 0 li , .71 . 1 Kzei 1 Jilifilil! ti st 1 i gti 14 Ara , 1 , . a . i phltinii iltaca ti 0 1111 fill Ili!! :.1, ;HI iltrii It 1 :1- ' .711 iii ilitz ilifE.4 ; lif Pi ; 1 'Li al i 1 11 g a I it . : 11 clifp !at,. 1 . ts . , ri iii; I sr. i 1 4r . Ifr 71 . v ;I11 i , 119191.1 i lilt ifilipi ip iliiii ii tri i • li pow i !hi tvirstiti is ! ! Ili] li if ibil A & /1111 1 I: 11 Hili 11 i wolf r-sh . i • iiIIzf�jt •� i Jillz.:1011 .! i � 1111 ��li�g �� g �� ��� f l ,� Fli iil�wt 8 II !J1I'Ifloo: drof fel a 15 t -tz -ial 'es "1 1 . 51 tsiI 11 vil AF1 i iiihihiall I ii Mil ipti. ill rili blizo, t 111 1111 I g '8 : � t 'i .ia . soWarria .: a :ee ,apP :4611 !lip ! illi-111 g9� .al .i . ! 1 1 'Mr i Ili / if iffirl T ! vim II mil cli , . hviriiiii ailiii filo . 1 11.! iiiiito : No . ! tipihi I : .iiiiiiiip A gill ! si il shii 1 illio ti litpillho 14 :11422 . 111: 12 I p- iolito ilitiziiini ilizzlizni ! Hill iptimilliopithoi iil sis :• fi �iiiiiiiiihii�� E $11= $Ji ;( i � ;� t,' i 11 1 rill ri swi 1 11 ; fliqii iiiim:ip 1 irilijilillillil VIII iiii { L'illi ii ,.,"^ �411irt11 ,0 ,111 RAJg 1 r� ;t� 1 I d�� �g :,�w iiii ;�ai lidii� ttcll 1��� � �Q �tilfillit PIT 1 1 I Vil ti " till "' 11 "gli 1 •Milhillti11 1 sr il Il _t l4 pg 1 1piiii lei I'll 4 ' 171111 ihr illtillits ' : id� Pillit itiiiiiiiii � j I illi �f ] it ' 1111 III 11111 tHu itili wli i ILPIL 1 MI lifil "stil 'll ic ic IV " Ili i il pifil 1 Piiiiiii 'r 0 qt't ll'1II +j 13 tutl 71 a � � Y � ��`� s1 � ¢ e � � 1Ij i1' I I'lL' Staff Report to Mayor and City Council DATE: • SUBJECT: NO: 12-17-87 Bid Award - Tower Relocation for Police Dept. BUDGET: No Appropriation FUNDING: Reallocation of Funds in General Fund BID OPENING: 2 :00 P.M. - Friday, Dec. 18 , 1987 INVITATION TO BID: 9 bid packages sent to potential bidders RECOMMENDATION: Will be presented at Tuesday night' s meeting ORIGINATING DEPT.HEAD DISPOSITION BY COUNCIL James Johnson, Finance Direct FOR ADD.INFO. CONTACT: OTHER: James Johnson. Finance Dirpernr TALLY SHEET BID ITEM: Relocation of Communication Equipment DATE: December 18 , 1987 BID NO. : and Tower - Police Department 88-03 TIME: 2 :00 P .M. BID GOOD BID ITEM/ COMMENTS/DELETIONS/ADDITIONS VENDOR THROUGH ITEM NUMBER AMOUNT TO ORIGINAL BID Elcom Inc . $ 7 , 410 . 00 Option add $420 . 00 for 829 J Place coax (top section) Plano , Texas 75074 Plano Communications 10 , 520 . 20 Option new Tower $8 , 520 . 00 1308 Capital Suite 3 Plano , Texas 75074 Sierra Communications 8 , 900 . 00 Bid the Specifications 1901 Bristol Street Sweetwater , Texas 79556 Wurstex Tower Company 6 , 315 . 00 Bid the Specifications PO Box 227 Gainesville, Texas 76240 **No check on performance bond or references nor if specs are in compliance . Staff Report to Mayor and City Council DATE: SUBJECT: NO: 12-17-87 Authorization to seek bids - Sanitary Sewer Truck As you may recall , the Texas Water Commission order dated June 24, 1987 required the City to have both a primary and back-up vehicle for the City' s mobile sewage transport system. In this year budgetary process, the Council appropriated $12,000 as the first year' s payment on this vehicle. The Public Works Superintendent and I have looked at a number of vehicles and I anticipate that a used vehicle that will meet our needs will cost between $30,000 . and $35,000 . A new vehicle would probably cost $70,000 . to $80 ,000 . This vehicle could be leased/purchased but probably could be purchased more cheaply through the selling of equipment notes . Budget Appropriation: $12 ,000 - Lift Station Account No. 95-900-951-02540 ORIGINATING DEPT.HEAD DISPOSITION BY COUNCIL / / /James Johnson, Finance Director FOR ADD.INFO. CONTACT: OTHER: James Johnson, Finance Director 0? 8 Staff Report to Mayor and City Council v, DATE: SUBJECT: NOS 12-17-87 Texas Water Commission Enforcement Order The City, along with North Texas Municipal Water District and CH2MHill , has been working diligently to meet all of the requirements of the Texas Water Commission Enforcement Order which was signed on June 24 , 1987 . Attached to this report you will find a summary of the status of each one of the provisions along with the compliance dates and entities involved . We have met or preceded all of the deadlines to date and we are striving to meet all of the upcoming deadlines . ORIGINATING DEPT.HEAD I DISPOSITION BY COUNCIL Ron Homeyer, Assist. Engineer ' FOR ADD.INFO. CONTACT: OTHER: TWC ENFORCEMENT ORDER SUMMARY PROVISION ENFORCEMENT ORDER COMPLIANCE ENTITIES NO. REQUIREMENT DATE INVOLVED STATUS 2A City must dilegently enforce Immediately City Continuing Enforcment Industrial Waste Ordinance 2B Submit Sludge Management Report Sept. 14 , 1987 NTMWD Submitted July, 1987 to Executive Director CH2M Hill 2C Install additional , temporary Sept . 14, 1987 NTMWD Portable 8" diesel pump pump in WWTP influent pump available WWTP site within 1 (A3 station hour . Installed high level alarm for early warning week O of Sept. 14, 1987 2D Submit report identifying all Sept . 14 , 1987 City Submitted Sept . 14, 1987 known sites not physically con- nected to City Collection System 2E Evaluate spare parts inventory & Sept. 14, 1987 City Submitted Sept. 14 , 1987 preventative maintenance program with emphasis on collection system lift stations 2F Begin construction WWTP upgrade March 1 , 1987 NTMWD Design started July, 1987 , & expansion CH2M Hill Receive & open bids Jan 14 , 1988, begin construction as TWDB releases funds TWC ENFORCMENT ORDER SUMMARY (CONT.) PROVISION ENFORCEMENT ORDER COMPLIANCE ENTITIES NO. REQUIREMENT DATE INVOLVED STATUS 2G Complete construction of WWTP Sept. 1 , 1987 NTMWD upgrade & expansion CH2M Hill 2H Submit schedule for all planning Not stated NTMWD Will be submitted after con- for construction activities CH2M Hill tractor has been awarded bid necssary to achieve compliance with WWTP schedule (X3 2I Compliance with submitted constru- As per schedule NTMWD tion schedule for WWTP upgrade CH2M Hill & expansion 2J Implementation of any modifications Not stated NTMWD Implemented as identified to construction schedule for WWTP CH2M Hill upgrade & expansion to allow for improved interim treatment 2K Submit quarterly reports indicat- Sept. 30 1987 & NTMWD Sept . 30 , 1987 ing compliance with Enforcement end of each CH2M Hill Order quarter thereafter 2L Submit prioritized schedule out- Jan . 11 , 1988 City Will be submitted later lining planned collection system NTMWD improvements CH2M Hill 2M Compliance with submitted con- As per schedule City truction & repair schedule for NTMWD planned collection system improve- CH2M Hill ments TWC ENFORCEMENT ORDER SUMMARY (CONT. ) PROVISION ENFORCEMENT ORDER COMPLIANCE ENTITIES NO. REQUIREMENT DATE INVOLVED STATUS 2N Sewage overflow & bypass deterent Immediately City Quarterly Report & payment stipulated adminstrative penalties submitted for each overflow or bypass per location per day 20 Existing WWTP permit parameter Immediately NTMWD compliance incentive. Stipulated ( adminstrative penalties for q�w_+ excessive BOD and TSS discharge Cv 2P Prepare quarterly reports summar- October 30, 1987 & NTMWD Submitted Oct . , 1987 izing average effluent quality & any penalties for violations 2Q Initiate Engineering & Financial City Planning for new treatment plant NTMWD or expansion of existing treatment plant when the existing facility reaches 75% of the permitted average daily flow for three (3) consecu- tive months 2R Provision for unavoidable or reason- City able delays : allows the City to NTMWD avoid unnecessary administrative CH2M Hill penalties 2S Include notification of TWC admin- Aug. 14, 1987 City Including in July & Aug. istrative penalty on such water/ water & sewer bills sewer bill Staff Report to Mayor and City Council LWE: SUBJECT: NO: 12-17-87 Sewer Collection System Repair & Improvements As required by provision 2L of the Texas Water Commission Enforcement order, the City of Wylie is required to submit a construction schedule to the Texas Water Commission prior to Jan. 11, 1988 which prioritizes the repairs and improvements to the wastewater collection system. We have brought forward to you, the City Council , two (2) plans which resolve all of the wastewater collection system deficiencies which the enforcement order addresses. These two plans represent the opposite ends of the spectrum both in initial capital outlay as well as ultimate 0 & M costs. The attached "Plan B" shows the preferred option for handling and transporting of sewage, which is by gravity, but unfortunately it is also the most expensive initial capital outlay, but it also has the least ultimate 0 & M costs associated with it. The attached "Plan A" is the more economically feasible option, but it has the highest ultimate 0 & M costs associated with it; The cost estimates for these two options and the financial analysis for each option are attached also for your review. We would like to receive a direction from the Council so that we can present and sell one of these two (2) plans to the Texas Water Commission in January. ORIGINATING DEPT.HEAD DISPOSITION BY COUNCIL Ron Homeyer, Assist. Engineer FOR ADD.WO. CONTACT: OTHER: WASTEWATER COLLECTION SYSTEM IMPROVEMENTS PLAN A STEAKS OVER TEXAS AREA $60000. 00 PARK LIFT STATION $74000. 00 STEEL RD/REGENCY PARK AREA $55000. 00 SOUTHFORK MOBILE HOME PARK $37000. 00 PRESEDENTIAL ESTATES NEWPORT HARBOR $341000. 00 CENTURY BUSINESS PARK LIFT STA $301000. 00 STEEL RD AREA GRAVITY SYSTEM $342000. 00 MUDDY CREEK GRAVITY SYSTEM $0. 00 INFRASTRUCTURE PARALLEL SYSTEM $279000. 00 TOTAL 2ND QUART. 1987 CONST $1489000. 00 ENGINEER. GEOTECHNICAL. LEGAL $187000. 00 INFLATION @ 10% $105000. 00 TOTAL $1781000. 00 * Cost for Presidential Estates included in Newport Harbor PLAN A S1,8O0,0O0 NORTH TEXAS MUNICIPAL WATER D rSTRICT SEWER SYSTEM FACILITIES INSTALLMENT SALE CONTRACT REVENUE BONDS, SERIES 1988 DATED: 2/ 1/88 FIRST CPN DUE: 12/ 1/88 PRINCIPAL DUE: 6/ 1 INTEREST DUE: 12/ 1 6/ 1 YEAR END THIS $ 1 ,800,000 ISSUE 9/30 PRINCIPAL INTEREST TOTAL 1989 S S 192,000 S 192,000 1990 45,000 144,000 189,000 1991 45,000 140,400 185,400 1992 50,000 136,800 186,800 1993 55,000 132,800 187,800 1994 60,000 128,400 188,400 1995 65,000 123,600 188,600 1996 70,000 118,400 188,400 1997 75,000 112,800 187,800 1998 80,000 106,800 186,800 1999 85,000 100,400 185,400 2000 95,000 93,600 188,600 2001 100,000 86,000 186,000 2002 110,000 78,000 188,000 2003 120,000 69,200 189,200 2004 130,000 59,600 189,600 2005 140,000 49,200 - 189,200 2006 150,000 38,000 188,000 2007 155,000 26,000 181 .000 2008 170,000 13,600 183,600 S 1 ,800,000 S 1 ,949,600 S 3, 749,600 INTEREST CALCULATED AT 8.000%. 1988 Estimated Taxable Assessed Valuation $300,000,000 Average Annual Debt Service Requirements, 1989/2008 $ 187,480 1988 Estimated Debt Service Tax Rate Required @ 95% Collection $ 0.0658 Monthly Sewer Rate Increased Based on 2,577 Customers $ 6.06 35 WASTEWATER COLLECTION SYSTEM IMPROVEMENTS PLAN B STEAKS OVER TEXAS AREA $60000. 00 PARK LIFT STATION $569000. 00 STEEL RD/REGENCY PARK AREA $55000. 00 SOUTHFORK MOBILE HOME PARK $625000.00 PRESEDENTIAL ESTATES $157000. 00 NEWPORT HARBOR $469000. 00 CENTURY BUSINESS PARK LIFT STA $477000.00 STEEL RD AREA GRAVITY SYSTEM $342000. 00 MUDDY CREEK GRAVITY SYSTEM $711000. 00 INFRASTRUCTURE PARALLEL SYSTEM $279000. 00 TOTAL 2ND QUART. 1987 CONST $3744000. 00 ENGINEER. GEOTECHNICAL. LEGAL $468000. 00 INFLATION CI 10% $306000.00 TOTAL $4518000. 00 PLAN B S4,525,000 NORTH TEXAS MUNICIPAL WATER DISTRICT SEWER SYSTEM FACILITIES INSTALLMENT SALE CONTRACT REVENUE BONDS, SERIES 1988 DATED: 2/ 1/88 FIRST CPN DUE: 12/ 1/88 PRINCIPAL DUE: 6/ 1 INTEREST DUE: 12/ 1 6/ 1 YEAR END THIS S 4,525,000 ISSUE 9/30 PRINCIPAL INTEREST TOTAL 1989 S S 482,667 S 482,667 1990 110,000 362,000 472,000 1991 120,000 353,200 473,200 1992 125,000 343,600 468,600 1993 140,000 333,600 473,600 1994 150,000 322,400 472,400 1995 160,000 310,400 470,400 1996 175,000 297,600 472,600 1997 185,000 283,600 468,600 1998 200,000 268,800 468,800 1999 220,000 252,800 472,800 2000 235,000 235,200 470,200 2001 255,000 2I6,400 471 ,400 2002 275,000 196,000 471 ,000 2003 295,000 174,000 469,000 2004 320,000 150,400 470,400 2005 345,000 124,800 469,800 - 2006 375,000 97,200 472,200 2007 405,000 67,200 472,200 2008 435,000 34,800 469,800 S 4,525,000 S 4,906,667 S 9,431,667 INTEREST CALCULATED AT 8.000%. 1988 Estimated Taxable Assessed Valuation $300,000,000 Average Annual Debt Service Requirements, 1989/2008 $ 471,583 1988 Estimated Debt Service Tax Rate Required @ 95% Collection $ 0.1655 Monthly Sewer Rate Increase Based on 2,577 Customers $ 15.25 InfoRmAL REpoRrs 40 Fi rstRssem bly of God College 8 Birmingham Wylie Texas 75098 Pastor Jim Laudell . (214) 442-2548 December 10, 1987 Dear Sirs ; I want to express my thanks for the improvement that I have seen in the City Council, the Mayor 's office , and the city manager . The recent Community questionairre" proves that you are concerned about the taxpaying , citizen ' s voice . I want to congratulate you on the fine City Hall that you have all worked so hard on. It is a fine example to all newcomers to our city . I want to thank the work crew for the efficient asphalt job done on 207 College , what a nice improvement . Thank you for a city that we can be proud of . Our prayers are for you and your direction for our city . Sincerely , Pa ' or Jum Laud 11 JL/gl / cc . Mayor Chuck Trimble Informal Report to Mayor and City Council SUBJECT: DATE: N0: Joint Meeting with School Board and City Council 12-18-87 Mr . Don Whitt, WISD Superintendent has asked that the School Board and tpe City Council meet in a joint workshop on Monday, February 1 , 1988 . This will be an excellent time to discuss general issues involving the City and School District. Please let me know of any particular issues we need to discuss at that meeting .