12111967 Regular Meeting - Laserfiche WebLink

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I I I regular meeting, dec. II, 1967 page three a contract is required, the fee would be considered with the engineering firm. On rol I cal I, the following vote was recorded: AYE: Craddock, Damon, Flores, Pool, Serur NAY: None The Mayor declared the motion carried. The Mayor reported that he had received a long distance call from H.E. Butt, renewing his offer of financial assistance to the City of San Marcos in bui Iding a mUl11i'ciilP>iiIll swimming pool. Cost of a pool adequate for San Marcos' needs would be about $75,000. Mr. Serur outl ined Mr. Butt's current offer as fol lows: an outright gift of $10,000; a loan of one- third of the balance at no interest; and assistance in fin- ancing the remainder of the debt at a low interest rate. It was Mr. Butt's opinion that the debt could be retired through proceeds from the pool. He offered to send inform- ation from other cities where this plan has been successful. Dr. Craddock moved that Mr. Butt be informed that the City of San Marcos is interested in his proposal, appreciates his offer, and would like any information avai lable on the plan as carried out in other cities. Dr. Pool seconded the motion and on rol I cal I, the fol lowing vote was recorded: AYE: NAY: Craddock, Damon, Flores, Pool, Serur None The Mayor declared the motion carried. The meeting adjourned at 8:35 p.m. C&~; ~~~-~~ ~~rur (7J 1.0 Jvv. . ',,-, \;~rl Dr. Emmie Craddock Counci Iwoman @~C~kL/lct ~~L,-m:~_ Caesar A. Damon Counci Iman i-~u~~A~ Vl~unci Iman ~~~~ Dr. Wi II i am C. Poo I Counc,j,lman crJ...S T.: r \t,~ , )lC Doroth O. City Se,\~e