HomeMy WebLinkAbout1973-12-14 Special Meeting �
�
CITY OF GRAPEVINE , TEXAS
SPECIAL
CITY COUNCIL AGENDA '
FOR THE MEETING DF DECEMBER 14, 1973, AT 9: 00 A .M. �'
,�
I. CALL TO ORDER .
II . INVOCATION.
III . BUSINESS:
A . Consideration o� an ordinance authorizing the
issuance o� [$600, 000. ] o� Certi�icate of Obli-
gation Bonds, for the purchase o� land for a
municipal complex.
B . Consideration of an ordinance authorizing the
issUance o� [$100, 000. ] General Obligetion Bonds,
for the purpose of Park and Recreation Improvements.
C. Consideration of an ordinance repealing Ordinance
No. 71-24, granting to General Telephone Company
the right, privilege and permit to place into
effect certain rates to be charged to residents
of Grapevine. [FIRST FiEADING] .
IN ACCORDANCE WITH ARTICLE 6252-17,
V . A . T. C. S. , AS AMENDED BY CHAPTER
31 , ACTS OF THE 63RD LEGISLATURE,
REGULAR SESSION, 1973, THE CITY
COUNCIL AGENDA WAS PREPAFiED AND
POSTED ON THIS THE 10TH DAY OF :
DECEMB ER , 1 973.
�
►
CITY SECRETARY
� 145
STATE OF TEXAS �
COUNTY OF TARRANT O
CITY OF GRAPEVINE �
The City Council of tl-�e City of Grapevine, Texas, convened
in special meeting at 9:28 a. m. , on this the 14th day of
December, 1973, with the �ollowing members present, to-
wit:
William D. Tate Mayor
Doil Dalton Councilman Pl. #1
Tommy Eidson Councilman Pl. #2
Phil Parker Councilman Pl. #4
Thelma Conine Councilwoman P1. #5
Millard Dilg Councilman Pl . #6
constituting a quorum, with C . D. Pittard, Councilman P1. #3,
absent, and
Floy Ezell City Manager
Randy Vinson City Secretary
Mayor Tate called the meeting to order.
The Invocation was given by Councilman Dilg.
Frank Medanitch, representative of the First Southwest Company,
brief ed the Council on the issuance of Certificates of Obli-
gation. He stated the purpose for whicl-i the certi�icates
would be used must be stated at the time of their issuance.
He stated if more certificates are issued than used, the
excess amount would also be interest bearing and placed
in a sinking and interest �und �or the repayment of the
issuance.
Mayor Tate stated tl-�e Council was informed differently at a
prior meeting, wt-iereas the excess amount of certificates
would not have to be issued.
Ray�ord Price, Special Attorney �or the City, brief ed the
Council on the background o� Certi�icates o� Obligation.
He stated the State Legislature authorized them in 1971 ,
due to a need by City Councils' to be able to act in a
limited amount o� time.
The �ollowing persons spoke in regards to the issuance of
Certificates o� Obligation �or the purchase of land for a
municipal complex:
Dr. E. L. Lancaster, M. D. , stated the Council was making a
policy decision, in regards to the use of Certificates of
Obligation in place oP a regular bond election.
Mayor Tate stated the city needed to move rapidly in the
purchase of a speciPic tract of land, o��ered well below
the market value. He stated certain tl-iings in land nego-
tiations that are made public , a�f ect the ability to pur-
chase the land f airly. He stated the purchase of land at
one-hal� its market value would be a benefit to the citizens
o� Grapevine,
Jesse Woods stated he was concerned with the rush in the
purchase o� a tract of land, even though it was of�ered
below tl-ie market value. He stated a municipal complex
would enhance tf-�e surrounding property.
�
146 �
�
k
�
Joe Kennedy stated he felt a new municipal complex was needed,
but would like the citizens to voice their opinion at an election.
General discussion was held by Council members.
Councilman Dilg moved to take no action on the proposed
ordinance authorizing the issuance oP [$600, 000. ] Certificates � �
�-_
of Obligation for the purchase o� land �or a municipal complex.
Councilman Eidson seconded the motion. The motion prevailed by
the following vote :
Ayes : Tate, Dalton, Eidson, Parker , Conine, Dilg
Noes : None
Absent: Pittard
The City Manager briefed the Council on a proposed ordinance �
authorizing the issuance of [$100, 000. ] General Obligation Bonds
�or park and recreation improvements, He stated these bonds
were authorized at the November 23, 1971 , capital improvements
bond election.
The City Manager stated the f unds would be used �or the constr-
� uction o� four tennis courts at the Hood Lane Park , and improve-
ment of park f acilities on Corps of Engineers property which is
leased to the city. He stated the bonds would be issued at an
'� interest of [5%] .
Councilman Parker moved to adopt the ordinance authorizing the
issuance of [$100, 000. ] General Obligation Bonds for park and
recreation improvements , on an emergency basis. Councilman
Dilg seconded the motion. The motion prevailed by the following
vo te :
�:..
Ayes : Tate, Dalton , Eidson, Parker, Conine, Dilg
Noes : None '
Absent: Pittard '
ORDINANCE N0 . 73-56
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF CITY OF j
GRAPEVINE, TEXAS, GENERAL OBLIGATION BONDS, SERIES �
1973A , IN THE AGGREGATE AMOUNT OF [$100, 000. ] FOR
THE PURPOSE OF MAKING THE WITHIN DESCRIBED PERMANENT
PUBLIC IMPROVEMENTS WITHIN AND FOR THE CITY ; PRESCRI-
BING THE FORM OF SAI� BONDS AND THE INTEREST COUPONS
TO BE INITIALLY ATTACHED THERETO ; LEVYING AND REQUIRING '
ASSESSMENT AND COLLECTION OF AN ANNUAL AD VALOREM TAX �
ON ALL TAXABLE PROPERTY WITHIN THE CITY TO PAY THE '
INTEREST ON SUCH BONDS AND TO CREATE A SINKING FUNO '
FOR THE PAYMENT THEREOF AT MATURITY ; ENACTING OTHER �
PROVISIONS RELATING TO THE SUBJECT; AND DECLARING '
AN EMERGENCY . �
I
i
�
Mayor Tate le�t the Council Chambers at 10:38 p . m.
Mayor Pro-Tem Dalton presided over the meeting.
�;' i
�
�
Rayford Price, Special Attorney �or tl-ie City , brie�ed the ,
Council on a proposed ordinance granting General Telephone ;
Company a rate adjustment. He stated the ordinance granting ,
a rate adjustment, passed at the previous Council meeting '
was acceptable to Geheral Telephone Company with three minor
� .
147
exceptions. He stated those exceptions are as �'ollows:
Residential �our-party
service---------------------- No such service
[To be deleted from
Ordinance]
Rotary Trunk charge �'or -
Metro service - OTHERS-
[$40. 00]--------------------- Changed to [$40. 01 �
Rotary Trunk charge �or
Extended/Metro service -
Ninth Trunk - [$85. 75]------- Changed to [$85. 25] '
He stated the proposed ordinance to be considered �or adoption
on first reading, is the same as the previously considered
ordinance with the three stated exceptions.
Councilman Eidson moved to adopt the ordinance granting a
rate adjustment to General Telephone Company on first reading.
Councilwoman Conine seconded the motion. The motion prevailed
by the �ollowing vote:
Ayes : Dalton, Eidson, Conine, Dilg
Noes : Parker
Absent: Pittard, Tate
ORDINANCE N0 . 73-57
AN ORDINANCE OF THE CITY OF GRAPEVINE, TEXAS,
REPEALING ORDINANCE N0 . 71-24, GRANTING TO
GENERAL TELEPHONE COMPANY OF THE SOUTHWEST
� THE RIGHT, PRIVILEGE AND PERMIT TO PLACE INTO
EFFECT CERTAIN RATES TO BE CHARGED TO THE
RESIDENTS OF GRAPEVINE; AND MAKING OTHER
PROVISIONS THERETO.
There being no �urther business, Councilman Dilg moved
that the meeting be adjourned. Councilman Eidson seconded
the motion. All voted aye and the meeting was adjourned
at 1 1 : 01 a. m.
PASSED ANO APPROVED, tl-�is the 15th day o� January , 1974.
:,,, MAYOFi
ATTEST:
•
•
CITY SECRETARY