01281991 Regular Meeting - Laserfiche WebLink

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52 Regular Meeting January 28, 1991 Page 5 Mayor Morris introduced for consideration Item 7.D. (3) removed from the consensus agenda, adoption of a Resolution, the caption which was read as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF A FINANCIAL ADVISORY SERVICES CONTRACT BETWEEN THE CITY AND FIRST SOUTHWEST COMPANY FOR PROVISION OF PROFESSIONAL SERVICES AND FACILITIES AS FINANCIAL ADVISOR IN CONNECTION WITH THE ISSUANCE BY THE CITY OF BONDS AND CERTIFICATES OF OBLIGATION¡ AUTHORIZING THE CITY MANAGER TO EXECUTE THIS CONTRACT AND DECLARING AN EFFECTIVE DATE. Ms. Kissler moved for adoption of the Resolution and Mr. Guerra seconded the motion. Mr. Gilley advised the Council the City had received four formal written proposals, and the City had spoken with representatives of each company submitting a proposal. Based on a $5 million bond issue, the fee for each company was as follows: First Southwest Company - $42,025.00; Allison - $53,780.00¡ Masterson-Moreland - $43,500.00; and Rauchser - $50,650.00. On roll call the following vote was recorded: AYE: Moore, Hart, Morris, Guerra, Kissler. NAY: Hernandez. ABSTAIN: None. Mayor Morris introduced for consideration award of bid for a Pneumatic Tube System for Revenue Collections. Mr. Moore moved to award bid to Asset Property Services in the amount of $5,960.00 and Mr. Hart seconded the motion, which passed unanimously (Mr. Guerra left the meeting after voting on this item - 8:45 p.m.). Mayor Morris introduced for consideration an addendum, approval of emergency procurements to preserve and protect the public health and safety of the City's residents and award of contracts in connection with relocation of utilities in Wonder World Drive right-of-way. Mr. George Boeker received a letter from the State Department of Highways and Public Transportation stating we have utilities in their easement that need to be moved. The City obtained three /- quotes to perform the moving of these utilities and recommend Smith( Construction Co., Inc. perform the work in the amount of $24,880.00. Ms. Kissler moved to approve the emergency nature of procurement and to accept the contract of Smith Construction Co., Inc. in the amount of $24,880.00 and Mr. Moore seconded the motion, which passed unanimously. Mayor Morris introduced a discussion regarding wording for a Library Referendum which would allow a Public Library to be constructed on the Parkland across the street from City Hall and direction to Staff. The Council discussed and revised the wording as follows: To rededicate for construction and operation of a city library and for park purposes a tract of land up to 3.5 acres in size out of a 25 acre, more or less, tract of city-owned land located across Hopkins Street from city hall and bordered by East Hopkins Street, West Bugg Lane and railroad right-of-way. Shirley Boemerman advised the Council the Library Board had not actively pursued seeking other property to be considered for the library. The Council directed the Library Board actively pursue alternate sites. Mayor Morris introduced the City Manager's Report. (1) Mr. Gilley requested a delay in reporting to the Council on the effectiveness of the downtown parking situation until after the Downtown Association meets February 19. (2) Mr. Gilley advised the Council Kelly Franks, Director of the Main Street Program, has been honored as the citizen of the Year by the Board of Realtors. (3) Mr. Gilley advised the City of San Marcos has received the Gold Award from United Way for being the fourth largest contributor. Mayor Morris introduced the City Attorney's Report. Mr. Taylor had no report.