HomeMy WebLinkAbout1987-08-27 Workshop s;
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STATE OF TEXAS �'
COUNTY OF TARRANr �
CITY OF GRAPEVINE �
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The City Council of the City of Grapevine, Texas met in Special Session on �
this the 27th day of August, 1987 at 6:00 p.m. in Capital I & II of the DFW �
j Airport Hilton & F�tecutive Conference Center, 1800 Highway 26 East, with the
j following members present to wit:
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' Tom Powers Mayor �
Ted R. Ware Mayor Pro Tem �
Jim Glynn Council Member
Sharron Spencer Council Ni�nber
C. Shane Wilbanks Council M�e.mber
Lynn R. Niedermeier Council Member
Gil Traverse Council N1�mber
CAT� TO ORDER
� The meeting was called to order by Mayor Powers.
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INVOCATION
The Invocation was delivered by Mayor Pro Tem Ware. �
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� Wt�RKSHOP, PR�JPOSID 1987-88 BUDGET �
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City Manager Dennis Dawson outlined reductions in the Econanic DeveloFment
j Department's travel account as requested during the August 26 meeting. The �
� following funds were presented to the Council for review: Municipal Finance
� Authority F'und, Debt Service Fund, Fireman's Retirement Fund and Insurance k`
� Fund.
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� Director of Finance Ralph Seeley review�d the operation of the Debt Service
F�d. Stating that 96� of the taxes were collected, and that all tax monies
collected w�uld go toward payment to the Debet Service Fund and the remainder
' balance would go into the General Fund.
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; The possibility of self-insuring wr�rlanan's compensation and general liability
' was then discussed in detail. After review of the funds, the Council felt
, that the Staff should locate areas in the budget that could be reduced to
� allaw the purchase of equignent instead of financing through Contractual ;
Obligation Bonds. Council directed Staff to have proposed reductions �
available for the September 1 Council meeting.
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AATOURl�1T (;
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i There being no further business to come before the Council, Council M�.mber �'
a Wilbanks offered a motion to adjourn. Mayor Pro Tem Ware seconded the motion, �`
� which prevailed by the ensuing vote: �
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� Ayes: Powpx�s, Ware, Glynn, Spencer, Wilbanks, Niedermeier, & Traverse I
� Nays: None �
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PASSID AND APPROVED BY Tf� CITY COUNCIL OF TFIE CITY OF GRAPEVINE, TEXAS on �
this the �� day of _T�,�x. , 1987. �
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APPROVID: �
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Mayor
A�l.�'ST:
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i y Secretary °
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