Laserfiche WebLink
City Council Meeting Minutes April 2, 2019 <br />Electric -Favorable $1.4M or 9.56% <br />Reduced power purchases due to reduced usage <br />The investment report compared the final quarter of 2018 and the first quarter <br />of 2019 which indicates an increase in investments of $5M. <br />CONSENT AGENDA <br />A motion was made by Council Member Rockeymoore, seconded by Council <br />Member Gonzales, to approve the consent agenda, with the exception of item <br />#4, 6, and 9 which were pulled and considered separately. The motion carried <br />by the following vote: <br />For: 7 - Mayor Pro Tem Prewitt, Council Member Gonzales, Council Member Derrick, Mayor <br />Hughson, Council Member Mihalkanin, Council Member Marquez and Council <br />Member Rockeymoore <br />Against: 0 <br />3. Consider approval, by motion, of the following meeting Minutes: <br />A) March 19, 2019 Regular Meeting Minutes <br />4. Consider approval of Resolution 2019-56R, adopting revised Investment Policies for <br />Operating Funds and Reserve Funds as required by Texas Government Code Section <br />2256.005; and declaring an effective date. <br />A motion was made by Council Member Mihalkanin, seconded by Council <br />Member Derrick, to approve Resolution 2019-56R. The motion carried by the <br />following vote: <br />For: 7 - Mayor Pro Tem Prewitt, Council Member Gonzales, Council Member Derrick, Mayor <br />Hughson, Council Member Mihalkanin, Council Member Marquez and Council <br />Member Rockeymoore <br />Against: 0 <br />5. Consider approval of Resolution 2019-57R, approving an amended and restated <br />Interconnection Agreement with the LCRA Transmission Services Corporation ("LCRA <br />TSC") which includes, among other items, approving an associated bill of sale to transfer <br />certain bulk electric system components at the Hilltop and Strahan Substations to LCRA <br />TSC; authorizing the City Manager, or his designee, to execute said amended and <br />restated interconnection agreement and bill of sale on behalf of the city; and declaring an <br />effective date. <br />6. Consider approval of Resolution 2019-58R, approving an Agreement with LNV, Inc. for <br />the provision of Professional Engineering Services for the Linda Drive Improvements <br />Project in the estimated amount of $875,688 contingent upon the engineer's provision of <br />sufficient insurance in accordance with the agreement; authorizing the City Manager or <br />his designee to execute this agreement on behalf of the City; and declaring an effective <br />City of San Marcos Page 5 <br />