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City Council Meeting Minutes June 16,2026 <br /> and provide direction to the City Manager. <br /> Finance Director Jon Locke presented the investment report for the quarter <br /> ending March 31,2026. The city's total investment portfolio as of March 31st <br /> stood at approximately$498 million,with enterprise funds comprising <br /> approximately $320 million and consolidated funds approximately$178 <br /> million. The current quarter average portfolio yield was 3.7 percent, above the <br /> benchmark 2-year treasury rate. The rolling 12-month average yield was just <br /> over 4 percent, also above the benchmark rate of approximately 3.7 percent. <br /> Total interest earned during the second quarter was approximately$4.5 <br /> million,with year-to-date interest income of approximately $9.3 million. No <br /> further action was required. <br /> CONSENT AGENDA <br /> A motion was made by Council Member Rodriguez seconded by Council <br /> Member Mendoza to approve items#4 -9, 11, and 12. Item #10 was pulled and <br /> considered separately after the public hearing. <br /> The motion carried by the following vote: <br /> For: 7- Mayor Pro Tern Scott, Deputy Mayor Pro Tem Garza, Council Member Rodriguez, <br /> Mayor Hughson, Council Member Gonzalez, Council Member Mendoza and Council <br /> Member Paselk <br /> Against: 0 <br /> 4. Consider approval by motion, of the following meeting minutes: <br /> A. May 5, 2026- Regular Meeting Minutes <br /> B. May 5, 2026-Work Session Meeting Minutes <br /> C. May 19, 2026- Regular Meeting Minutes <br /> D. May 19, 2026-Work Session Meeting Minutes <br /> E. May 27, 2026-Special Meeting Minutes-Appointee Evaluations <br /> F. May 28, 2026-Special Meeting Minutes-Appointee Evaluation <br /> 5. Consider approval of Ordinance 2026-24, on the second of two readings, in Case No. <br /> PDD-07-02(b), modifying standards for signage within the McCarty Commons planned <br /> development district, generally located southeast of the intersection between Interstate <br /> Highway 35 and East McCarty Lane, to allow for an approximately 60 foot tall freestanding sign <br /> in connection with a new HEB store; including procedural provisions; and declaring an effective <br /> date. <br /> 6. Consider approval of Resolution 2026-88R, approving an agreement with Metro Fire Apparatus <br /> Specialists for the outfitting of a 2000 Pierce Ladder Truck to be used as a blocker truck by the <br /> Fire Department in the amount of$115,550.00; authorizing the City Manager, or her designee, <br /> to execute the agreement on behalf of the city; and declaring an effective date. <br /> 7. Consider approval of Resolution 2026-89R, approving a Change in Service to the agreement <br /> with Halff Associates, Inc. to provide engineering services for stormwater management <br /> planning related to the Stormwater Master Plan Update in the amount of$195,050.00; <br /> City of San Marcos page 4 <br />