08011956 Regular Meeting - Laserfiche WebLink

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~~ Each Councilman then took occasion to express his regret at Mayor Dietterich's decision to re~ign . Mayor Dietterich then said again, as he had in his letter, that he had this action under consideration since January, 1956; that he had been under the doctors observation for some time; also that his business was requiring more and more of his time. Mr. Hillburn made a motion that Mr. Morgan draw up a formal letter setting forth the great services Mayor Dietterich had rendered the People and City of San Marcos, to be signed by each Alderman, so that Mr. Dietterich will have a memento of his services as Mayor. Mr. ~llen said all hated to see Mayor Dietterich leave as all had enjoyed serving with him and that he had accomplished more than any other Mayor. I Mr. Beecroft said that under his administration the most progress ever had been made and that he had done the City the greatest service of any man. Mr. Allen then seconded the pending motion. A vote was taken which resulted unanimously in favor of the motion. Mr. Beecrott then made a motion to accept with great regret Mayor Dietterich's resignation. Mr. Davis seconded this motion. A vote was taken which resulted unanimously in favor of the motion. Mayor Pro-Tern Calvin M. Allen then took the chair as acting Mayor. A motion was offered by Mr. Beecroft, that the City pay Mr. Tom Oliver, Jr. the sum of $654.50, for his services in connection with the right-of-way matter. Mr. Hillburn seconded the motion. A vote was taken which resulted unanimously in favor of the motion. Next on the agenda was the matter of comoensation to J. Will Campbell for his services in connection with the Highway 81 right-of-way negotiations. Mr. Beecroft made a motion that Mr. Campbell be paid the sume of $1,500.60 in accordance with the terms of an agreement to that eftect signed by Mayor Dietterich and all the Aldermen dated July 26, 1956. This agreement is appended to and make a part of these minutes. I Mr. Davis seconded the motion. A vote was taken which resulted unanimously in favor of the motion. The next matter taken up Was the partial payment for sewer taps by citizens unable to pay in full. It was mutually agreed by the Aldermen that Mr. Barbee should be giv~n authority to extend this accommodation to those citizens requiring same. The City Water situation with regard to the possibility of establishing a summer rate, came under discussion. Mrj Willie Posey, Water Superintendent, spoke to the Council and gave figures showing the capacity of the present pumping equipment, and that at times of greatest use, such as the current month, it was only just about able to meet the requirements. The Council agreed unanimously at once that no summer rate was feasible, and that citizens should conserve water by avoiding waste. Mr. Jack Harper ot the Bond Re-purchase Committee reported to the Council. Mr. Harper reported that they had bought back $ 116,000.00 of the San Marcos Highway Right- of-Way Bonds, and were negotiating for $7,000.00 more. It was further stated that the balance of outstanding bonds of this issue are the property of University of Texas Trust, which cannot sell them. Therefore it was considered advisable that the City I proceed to buy U. S. Government Bonds of maturities approximately the same as the City bonds still outstanding. In this way the interest on Government Bonds will almost take care of the interest which must be paid on City bonds, and as the Govenment Bonds mature and are paid in future years the funds from same will payoff these City Bonds. Mr. Beecroft made a motion to buy $100,000.00 in U. S. Government Bonds in maturity sequence. in accord with the years that City Right-of-Way Bonds are due. Mr. Hillburn seconded the motion. A vote was taken which unanimously was in favor of the motion. DiSCUSSion of City Operating Expenses were then taken up. Mr. Barbee presented a resume which showed that the operating expenses from 1956 will be normally $53,739.17 ~