HomeMy WebLinkAbout033015 CC Min (Special)The City of West University Place
A Neighborhood City
CUT COUNCd
STAFF
Bob Fry, Mayor
Midwel Ross, CityMa ew
Suav,Sample,MaWrPm Tem
Alen Pe"v,Ciry Atlomey
Ed Leatheo0. couocilmembw
Tbebnalen,OrySmemry
Joni lohnsin, Comodmember
Dick Yehle, Councihnembc,
CITY COUNCIL SPECIAL MEETING MINUTES
City Council of the City of West University Place, Texas, met in a special meeting on Monday, March
30, 2015, in the Municipal Building, 3600 University Boulevard, West University Place, Texas beginning
at 6:00 p.m.
Notice of the special meeting was duly posted in accordance with the Texas Government Code,
Chapter551.
CALL TO ORDER
Mayor Fry called the special meeting to order at 6:00 p.m.
Council and staff in allendance: Mayor Fry, Mayor Pro Tern Sample, Counchmembers Johnson and
Yehk, City Manager Ross, City Secretary Lenz, Assistant City ManagedPWD cater. Police Chief
Walker, Finance Director Daugherty, and City Attorney Petmv. Counhilmember Feathcotl was absent.
Agenda items were as follows:
1. Certificates of Obligation
Matters related to Certificates of Obligation necessary to fund the construction of the Dincan's
Public Works Maintenance Facility and the property exchange related costs with the West
University Baptist Church, including a resolution directing publication of intention W issue
Combination Tax and Revenue Certificates of Obligation. Recommended Action: Consider
summoning the City Manager to advertise for Me sale of Certificates of Obligation to fund Me
Wo %eU
At 605 p.m., Mayor Fry recessed the Special Meeting and convened into Executive Session in
ccordance with Sections 551.071 and 551.072 in Chapter 551, Open Meetings Act, of the Texas
Government Code.
At 6:29 p.m., Mayor Fry closed the Executive Session and reconvened the Special Meeting.
City Manager Ross presented and stated that staff is seeking approval to publish a Notice of
Intention m issue a Combination of Tax and Revenue Certificates of Obligation on Thursday, April
9, 2016 and again on Thursday, April 16, 2015. He said staff will bring forth to Council an
ordinance for approval to issue the Certificates of Obligation in amount notto exceed $3,050,000 on
May 4, 2015. He said issuance of the Certificates will not result in an increase in taxes.
Mayor Pm Tem Sample moved to approve a resolution directing publication of intended to issue
Combination Tax and Revenue Certificates of Obligation for the maximum aggregate principal
amount not to exceed $3,050,000. Comelmember Yehle seconded the motion.
City Cauncn Speaal Meeting Minutes. March 30 2015
Ciry Attorney Petrov noted that tonight's action only authorizes publication of the City's intent to
issue the not- toaxceed amount of $3,050,000 and that the final number can be determined at Me
meeting on May 4, 2015.
With no further comments. a vote was made on the motion. MOTION PASSED.
Ayes: Fry, Sample,Johnson, Vehle
Noes: None
Absent Heathcofl
With no further businei yon Fry adjourned Me spial meeting at 8:33 p.m.
WEST N
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Prepared By: "� V ^ e Rv ✓T 4 S
Thelma A. Lanz, City Se
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