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<br />REGULAR MEETING OF THE CITY COUNCIL OF THE <br />CITY OF SAN MARCOS, TEXAS, FEBRUARY 26,1968 <br /> <br />Present: <br /> <br />Mayor <br /> <br />Ell is Serur <br /> <br />Counci Imen: <br /> <br />Emmie Craddock, Ph.D. <br />Caesar A. Damon <br />Luciano H. Flores <br />Herman Korff <br />Wm. C, Poo I, Ph. D. <br />Mark H. Whittenberg <br /> <br />I <br /> <br />City Manager <br />City Secretary <br /> <br />Richard G, Bean <br />Dorothy 0, Worrel I <br /> <br />Visitors: <br /> <br />Bradley Moody, Galen Wel Inicki , Jerri Veldt <br />Kenneth Compton, Mrs, Buford wi Iliams ' <br />Mrs. Tom Brasher, Mrs~ Haze~ Duncan ' <br />Wi 1,Iard Thorp, Jim Cauthorn, Travis'Roberts, <br />E.A. Bonnet, Jim Brown, Curtis Adrian <br /> <br />I <br /> <br />The Mayor called the meeting to order at 7:30 p.m. <br /> <br />The Minutes of the, February 12, 1968 meeting were approved <br />as presented, on motion of Mr. Damon, and second of Dr. Craddock. <br /> <br />T~e ~ity Manager opened bids on the sal~ ~f $500,000 ~f the <br />City s Genera I Ob I i gat i on Bonds. A tabu I,at ion is attached. <br />G~ne Rourke of Ranson ,& Company, I nc., fi sea I agents for' the City, <br />discussed the bond market with members of the Council. He said <br />the Counci I must accept or reject a bid at the meeting. After <br />lengthy discuss ion, Dr. Poo I moved that F i rstSouthwest. 00: s low <br />bid, with effect i ve interest of 4.9340%, be, accepted. Mr. F lores <br />seconded the mot i on and on ro" ca II the fo" ow i ng vote was recorded: <br /> <br />AYE: <br />NAY: <br /> <br />Craddock,Damon, Flores, Korff, Pool, Serur, Whittenberg <br />None <br /> <br />The Mayor declared the motion carried. <br /> <br />The City Manag~r open~d bids on eight vehicles to be purchased <br />by the City, see tabulation attached, Dr; Craddock moved that <br />the City Manager accept the low bid on vehicles. Mr. Damon <br />seconded the motion and on roll cal I, the following vote was <br />recorded: <br /> <br />AYE: <br />NAY: <br /> <br />Craddock, Damon, Flores, Korff, Pooli Serur" Whittenberg <br />None <br /> <br />I <br /> <br />The Mayor declared the motion carried. <br /> <br />Dr. Poolcmoved adoption of an ordinance annexing Unit 6, Spring <br />Lake Hills Estates. Dr. Craddock seconded the motion and on <br />rol I call, the fol lowing vote was recorded: <br /> <br />AYE: <br />NAY: <br /> <br />Craddock, Damonf Flores, Korfff Pool, Serur, Whittenberg <br />None <br /> <br />The Mayor declared the Ordinance Passed, Approved and Adopted. <br />