08251975 Regular Meeting - Laserfiche WebLink

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94 regular meeting, august 25, 1975 page two Mr. Hansen moved the Council consider agenda item number eight out of order as the bid opening for sale of general obligation refunding bonds had been advertised for 7:30 p.m. Mr. Arredondo seconded the motion, which passed unanimously. Bids were opened and read by City Fiscal Agent, Curtis Adrian. The bid sheet is attached and made a part of these minutes. Mr. Breihan moved the bid submitted by H. Roland Abbott and Company, at an effective interest rate of 6.1l9%, be accepted as the lowest and best bid. The motion was seconded by Mr. Hansen and unanimously approved. The Mayor read the caption of an Ordinance as follows: AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AUTHORIZING THE ISSUANCE OF CITY OF SAN MARCOS, TEXAS, GENERAL OBLIGATION REFUNDING BONDS, SERIES 1975, IN THE PRINCIPAL AMOUNT OF $195,000 FOR THE PURPOSE OF CANCELLING, REFUNDING AND IN LIEU OF VALID AND SUBSISTING CERTIFICATES OF OBLIGATIONS OF SAID CITY; PRESCl'tIBING THE FORM OF THE BONDS AND THE FORM OF THE INTEREST COUPONS; PROVIDING FOR THE LEVY, ASSESSMENT AND COLLECTION 'OF AN ANNUAL TAX ON EACH $100 VALUATION OF ALL TAXABLE PROPERTY SrrtJATED WITHIN THE CITY TO PAY THE PRINCIPAL OF AND INTEREST ON SAID BONDS AT MATURITY; ENACTING PROVISIONS INCIDENT AND RELATING TO THE SUBJECT AND PURPOSE OF THIS ORDINANCE; AND DECLARING AN EMERGENCY. Mr. Hansen moved the Ordinance be passed, approved and adopted. Mr. Arredondo seconded the motion, which passed unanimously. Mayor Craddock introduced for consideration the appointment of new members to the Urban Renewal Commission. She announced that only one nomination had been received; that of Richard V. Cruz. Mr. Dibrell moved the matter of appointments be tabled until further nominations could be made. Mr. Breihan seconded the motion. Mr. Arredondo protested the delay in considering appointments due to the importance of the commission. On roll call, the following vote was recorded: AYE: Breihan, Dibrell, Craddock, Hansen NAY: Arredondo, Flores, Sutton. The Mayor read the caption of an Ordinance as follows: AN ORDINANCE OF THE CITY OF SAN MARCOS, TEXAS, AMENDING CHAPTER SIX, ARTICLE II OF THE CODE OF ORDINANCES OF SAID CITY BY ENACTING A NEW SECTION NUMBERED 6-20 AND ENTI'l'EED "FEES FOR PURCHASE OF BURIAL SPACES" ESTABLISHING A FEE FOR A LOT OR LOTS AND A CRYPT OR CRYPTS PURCHASED AT THE SAN MARCOS CEMETERY AND BY ENACTING A NEW SECTION NUMBERED 6-35 AND ENTITLED "FEES FOR PURCHASE OF PERPETUAL CARE" ESTABLISHING A FEE FOR PERPETUAL CARE ON A LOT OR LOTS PURCHASED AT THE SAN MARCOS CEMETERY. Mr. Hansen moved approval of the Ordinance on first reading. Mr. Arredondo seconded the motion, which passed unanimously. Mayor Craddock read the caption of a Resolution as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE RELEASE OF A SEWER LINE EASEMENT ON PART OF LOT 5 IN BLOCK 4 OF THE MOUNTAIN CITY ADDITION TO THE CITY OF SAN MARCOS. Mr. Arredondo moved approval of the Resolution. Mr. Hansen seconded the motion. Mr. Sutton stated his contention that utility easements should not be given away. The City Manager reported that no water or sewer lines existed on the property. On roll call, the vote to approve the motion was recorded as follows: AYE: Arredondo, Breihan, Dibrell, Craddock, Flores, Hansen NAY: Sutton. Mayor Craddock read the caption of a Resolution as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING A VOTING PRECINCT MAP FOR THE CITY OF SAN MARCOS AND DESIGNATING POLLING PLACED WITHIN EACH PRECINCT. The ~y was presented for inspection by the Council. Mr. Sutton moved approval of the Resolution. Mr. Arredondo seconded the motion, which passed unanimously. I I I