01081968 Regular Meeting - Laserfiche WebLink

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r.,r-' regular meeting, january 8, 1968 page -two Jim Brown, Executive Director of the Urban Renewal Agency, came before the Council to ask amendment of a Resolution passed on February 8, 1965. Caption of the Resolution, wh i ch was read in fu II, is as fo II ows: RESOLUTION OF THE GOVERNING BODY OF THE CITY OF SAN MARCOS, TEXAS, AMENDING THE RESOLUTION APPROVING UNDERTAKING OF A GENERAL NEIGHBORHOOD RENEWAL PLAN AND FILING OF APPLICATION FOR A FEDERAL ADVANCE OF FWNDS, PASSED AND APPROVED ON TH E 8TH Of FEBRUARY, A.D. 1965. I Mr. Korff stated he felt the Counci I should sit down with the Urban Renewal Agency and talk over the whole program. He moved that such a meeting be held. Mr. Damon seconded the motion. Dr. Pool sai~ he had no object~on to the meet- ing, but felt the Resolution should be passed first. The question being cal led for, the fol lowing vote was recorded: AYE: Damon, Flores, Korff, Pool, Serur NA Y : Craddock The Mayor declared the motion carried. Dr. Pool moved approval of the Resolution. Mr. Flores seconded the motion and on roll call, the following vote \,as recorded: AYE; Craddock, Damon;. Flores, Korff, Pool, Serur NAY: None The Mayor declared the Resolu-tion Passed and Approved. The Mayor introduced an Ordinance authorizing the issuance of Refunding Warrants. Caption of the Ordinance is as follows: I AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AUTHORIZING THE ISSUANCE OF REFWNDING BONDS IN THE AMOUNT OF ONE HUNDRED NINETY-FIVE THOUS- AND -DOLLARS ($195,000) FOR THE PURPOSE OF CANCELLING, REFUNDING AND-IN LIEU OF A L~KE AMOUNT OF VALID AND SUBSISTING OUTSTANDING IND~BTEDNESS OF SAID CITY; PROVIDING FOR THE LEVY, ASSESSMENT .AND COLLECTION OF A TAXON ALL TAXABLE PROPERlY WITHIN THE LIMITS OF SAID CITY TO PAY THE INTtREST AND CREATE A SINKING FUND FOR THE REDEMPTION THEREOF; ENACTING PROVISIONS INCI- DENT AND RELATING TO THE SUBJECT AND PURPOSE OF THIS ORDINANCE; AND DECLAR~NG AN EMERGENCY Alderman Damon moved adoption of the Ordinance as ~n emergency. Dr. Craddock seconded the motion and on roll cal I the following vote was recorded: AYE: NAY: Craddock, Damon, Flores, Korff; Pool, Serur None I The Mayor dec I ared the Ord inance Passed, Approved and Adopte~. The Mayor introduced two petitions for annexation. Platsof the two properties were examined and the matter discussed. Counci Iman Korff moved acceptance of the petition for annex- ation of Unit 6 of Spring Lake Hi I Is Estates. Dr. Pool sec- onded the motion and on rol I call, th~ fol lowing vote was recorded: AYE: Craddock, Damon, Flores, Korff, Pool, Serur NAY: None