HomeMy WebLinkAbout1970-02-03 Regular Meeting -
231
STATE OF TEXAS � �
COUNTY OF TARRANT �
CITY OF GRAPEVINE �
Reel 1, Side 2
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.� On the 3rd day of February, 1970 at 7:30 P.M. , the City
' Council of the City of Grapevine, Texas met in a regular
meeting at the City Hall with the following members present:
Willis Pirkle Mayor
Doil Dalton )
Lee Thompson )
Tommy Eidson ) Councilmen
A1 Harwell )
G. S. Benedict )
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Mayor Pirkle called the meeting to order and Councilman Eidson
gave the invocation.
The minutes of the revious m tin f Ja ar 2 r �'
p ee g o nu y O, 1970 we e
read and approved. �
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Frank Medanich of First Southwest Company, the City' s fiscal �;,
agents , was present to discuss the sale of authorized tax bonds. �;
Mr. Medanich presented two exhibits of bond payment schedules; k
one on a 20 year payback and the other on a 25 year payback. �
Each exhibit showed schedules of a $300,000 and $450,000
bond issue figured on 7.5�. Mr. Medanich made a firm quote
of 7.20% interest in behalf of his company. Councilman Eidson
made a MOTION to authorize the issuance of $450,000 in Tax
Bonds and to accept the offer of First Southwest Company to
purchase the bonds at 7.20% with a 20 year pay out plan.
Motion SECONDED by Councilman Ben edict . Motion PREVAILED by
the following vote:
Ayes: Councilmen Dalton, Thompson, Eidson, Benedict & Harwell.
Noes : None
� Councilman Eidson made a MOTION to authorize the City Engineers
to procee wi�h the taking of bids for the construction of
the �oY� D au�+� �,-,..,f��
;���--�=�a-�,���t plant and outfall lines. Motion
SECONDED by Councilman Dalton. Motion PREVAILED by the follow-
ing vote:
Ayes: Councilmen Benedict , Harwell, Eidson, Dalton & Thompson.
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Noes : None �.
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Annexation Ordinance 70-2, annexing land South of Bear Creek �
t� was read on second reading. Councilman Eidson made a MOTION �
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to pass said Ordinance 70-2 on second and final reading. �
Motion SECQNDED by Councilm an Thompson. Motion PREVAILED by �
the following vote: �
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Ayes : Councilmen Thompson, Benedict, Eidson, Dalton & Harwell. �
Noes: None
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ORDINANCE 70-2
AN ORDINANCE RECEIVING AND ANNEXTING TERRITORY ADJACENT
AND CONTIGUOUS TO THE CITY OF GRAPEVINE, TEXAS: PRO-
VIDING THAT THE AREA DESCRIBED�.BELOW� SHALL BECOME A
PART OF THE SAID CITY AND THAT THE OWNERS AND THE IN-
HABITANTS THEREOF SHALL BE ENTITLED TO ALL THE PRIVILEGES
OF OTHER CITIZENS OF SAID CITY AND BOUND BY THE ACTS AND
ORDINANCES NOW IN EFFECT AND TO BE HEREAFTER ADOPTED:
FURTHER PROVIDING FOR AMENDING AND CORRECTING THE
OFFICIAL BOUNDARIES OF SAID CITY HERETOFORE ADOPTED AS
AMENDED CONTAINING A SAVINGS CLAUSE.
Councilman �B�xedict made a MOTION to approve the request of
` replat of Lots 9, 10, and 11, Block 109, College Heights Addition
� to be designated as one lot known as Lot A, Block 109, College
Heights Addition. Motion SECONDED by Councilman Eidson. Motion
PREVAILED by the following vote:
�� Ayes: Councilmen Dalton, Harwell, Eidson , Benedict , & T�ompson.
Noes : None
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� Consideration was given to naming the road from Dove Road, North
and along the West property line of the Little John Addition #3,
and continuing to its termination point at its intersection with
a Corps of Engineers Park road. Councilman Eidson made a MOTION
� to name the said road Hood Lane. Motion SECONDED by Councilman
Benedict. Motion PREVAILED by the following vote:
Ayes : Councilmen Eidson, Harwell, Dalton, Thompson & Benedict.
� Noes: None
The need for a sewer line running South from the new sewer lift
station on Dove Road was discussed. Councilman Eidson made a
MOTION to authorize the construction of a sewer line from the
said lift station, South along the bran ch approximately 700
feet . Motion SECONDED }�y Councilman Dalton. Motion PREVAILED
by the following vote:
Ayes : Councilmen Thompson, Benedict , Da�ton, Eidson & Harwell .
Noes : None
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Meeting adjourned.
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£ APPROVED THIS the �� � day of S/ , 1970.
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