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<br />City Manager Fuller reported that the City has been offered, <br />subject to prior sale, repurchased of the City of San Marcos Refunding <br />Bonds, 3~, dated July 1, 1953, maturing July 1, 1970 and ~ity of <br />San Marcos Water Works and Sewer Improvement and Extension Revenue <br />Bonds, Series A, 1951. The Council authorized Mayor Allen to re- <br />purchase at 5% or better if he considered the investment worthwhile. <br /> <br />3,1 <br /> <br />I <br /> <br />City Manager Fuller reported that the Delinquent Tax Attorney <br />and the City Attorney recommended that the Council remit the delinquent <br />taxes owed on Lot 21, Blk. 9, Rio Vista owned by the Campus Christian <br />Community and used as a residence for its minister. The taxes were <br />for the years 1957 and 1958 amounted to $93.77. Alderman Beecroft <br />moved that the taxes be remitted. The motion was seconded by Alderman <br />Hillburn and passed unanimously. <br /> <br />Alderman Beecroft introduced an ordinance entitled "AN ORDINANCE <br />PROVIDING FOR PARTICIPATATION IN THE SUPPLEMENTAL BENEFITS FUND OF THE <br />TEXAS MUNICIPAL RETIREMENT SYSTEM BY ALL DEPARTMENTS OF THE CITY <br />GOVERNMENT WHICH NON PARTICIPATE IN THE TEXAS MUNICIPAL RETIREMENT <br />SYSTEM1 AND PROVIDING FOR PAYMENT OF THE CITY'S CONTRIBUTIONS ON <br />ACCOUNT OF SUCH PARTICIPATION. The ordinance will permit San Marcos <br />to participate in the amendment of the Texas Municipal Retirement <br />Act which provides for a Supplemental Benefit Fund covering service <br />connected disabilities. The City's rate of contribution cannot <br />exceed ~ of the earnings of the participating employees. It is <br />to become effective on January 1, 1960. Alderman Tuttle seconded <br />the motion. Upon roll call the ayes and nayes were as follows. <br /> <br />Ayes: Beecroft <br />Davis <br />Hillburn <br />Tuttle <br /> <br />Nayes: None <br /> <br />Whereupon the Mayor declared the ordinance passed, approved, and adopted. <br /> <br />I <br /> <br />City Manager Fuller presented the following excerpts from a <br />letter from the Wally Byam Caravanners. "We have not yet made our <br />itinerary for the 1960 Wally Byam Caravan to Mexico. ....We certainly <br />did enjoy our stay in San Marcos and of course, would love to come <br />back. ....We shall let you know later if we shall again be stopping <br />at San Marcos and certainly do appreciate the kind invitation from <br />the City of San Marcos for all of our caravanners to meet there again. <br /> <br />City Manager Fuller reminded the Council of the Sanitation <br />demonstration to be held at the City Recreational Building on September <br />16th. <br /> <br />City Manager Fliller presented the following report of the street <br />resurfacing which has been accomplished during July and August. <br />September figures are not included. <br /> <br />During July <br /> <br />6,212 Slyds $1,733.45 <br /> <br />August - Zunker Street <br />Alley(Hopkins-Belvin) <br />Walkway to Grammar School <br />Dietterich Drive <br />Roanoke St. <br /> <br />Total <br /> <br />1,275 <br />760 <br />3,760 <br />5,270 <br />-b.lliL <br />20,037 <br /> <br />2.057.70 <br />3,791.15 <br /> <br />I <br /> <br />There being no further business, upon motion made and seconded, <br />the meeting adjourned. <br /> <br />/\ <br />-,\ I'. i <br />, ./ <br />j4' 1~l 1/ <br />( c_ '/C_~ :2. ,._________7LA:Avi'Y_\ <br />fames Tuttle, Alderman <br /> <br />c~~ --; j\ Cf~(( ,'~ j', <br /> <br />c. M. Allen,~ayor <br />--~>, <br /> <br />, lr; \' / f -'}},(/,)[d/i l. <br />s. R. Beecr~ft, Alderman \! <br /> <br />ATTEST: .. <br />h/ J{ <br />,- ~v .t/t-fl-C-1./ <br />Fritzie Tur'er, Deputy City Secretary <br /> <br />~'") /'/ / "'1 "'1/1 f ! . <br />//r )~/ 4,ljt.:/{./t(>L/ <br />W. M. Davis, Alderman <br />