HomeMy WebLinkAbout2013-06-27 Special MeetingAGENDA
CITY OF GRAPEVINE, TEXAS
SPECIAL CITY COUNCIL MEETING
THURSDAY, JUNE 27, 2013 AT NOON
CITY COUNCIL CONFERENCE ROOM
SECOND FLOOR
200 SOUTH MAIN STREET
EXECUTIVE SESSION
City Council to conduct a closed session relative to:
A. Conference with City Manager and Staff to discuss and deliberate
commercial and financial information received from business prospects the
City seeks to have locate or expand in the City; with which businesses the
City is conducting economic development negotiations pursuant to Section
551.087, Texas Government Code.
City Council to reconvene in open session and take any necessary action relative to
conference with employees under Section 551.087, Texas Government Code.
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If you plan to attend this public meeting and you have a disability that requires special
arrangements at the meeting, please contact the City Secretary's Office at (817) 410-3182
at least 24 hours in advance of the meeting. Reasonable accommodations will be made to
assist your needs.
In accordance with Texas Government Code, Chapter 551.001 et seq, Acts of the 1993
Texas Legislature, the Special City Council Meeting Agenda was prepared and posted on
this the 21st day of June, 2013 at 5:00 p.m.
STATE OF TEXAS
i COUNTY OF TARRANT
CITY OF GRAPEVINE
The City Council of the City of Grapevine, Texas met in Executive Session on this the 27th
day of June, 2013 at Noon in the City Council Conference Room, Second Floor, 200 South
Main Street, with the following members present to -wit:
William D. Tate
Mayor
C. Shane Wilbanks
Mayor Pro Tern
Roy Stewart
Council Member
Darlene Freed
Council Member
Mike Lease
Council Member
Chris Coy
Council Member
constituting a quorum, with Council Member Sharron Spencer absent, with the following
members of the City Staff:
Bruno Rumbelow City Manager
Jennifer Hibbs Assistant City Manager
Matthew Boyle Assistant City Attorney
Jodi C. Brown City Secretary
Mayor Tate called the meeting to order at 12:04 p.m.
ITEM 1. EXECUTIVE SESSION
Mayor Tate announced the City Council would conduct a closed session regarding:
(A) Conference with City Manager and Staff to discuss and deliberate commercial and
financial information received from business prospects the City seeks to have locate or
expand in the City; with which businesses the City is conducting economic development
negotiations under Section 551.087, Texas Government Code.
Upon reconvening in open session in the Council Chambers, Mayor Tate asked if there
was any action necessary relative to the closed session. City Manager Bruno Rumbelow
stated there was no action necessary relative to conference with City Manager and Staff
under Section 551.087, Texas Government Code.
NOTE: City Council continued with the Special City Council meeting in open session in the
City Council Chambers.
06/27/13
Mayor Pro Tern Wilbanks, seconded by Council Member Stewart, offered a motion to
adjourn the meeting at 12:41 p.m. The motion prevailed by the following vote:
Ayes: Tate, Wilbanks, Stewart, Freed, Lease & Coy
Nays: None
Absent: Spencer
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE,
TEXAS on this the 6th day of August, 2013.
ATTEST:
Jol . Brown
City
FA
William D. Tate
Mayor I a
AGENDA
CITY OF GRAPEVINE, TEXAS
SPECIAL CITY COUNCIL MEETING
THURSDAY, JUNE 27, 2013 AT 12:30 P.M.
CITY COUNCIL CHAMBERS
SECOND FLOOR
200 SOUTH MAIN STREET
CITIZEN COMMENTS
NEW BUSINESS
Consider an ordinance providing for the issuance of City of Grapevine, Texas,
General Obligation Bonds, Series 2013; awarding the sale thereof; levying a tax in
payment thereof; authorizing the execution and delivery of a paying agent/registrar
agreement; approving the official statement; and enacting provisions incident and
relating to the subject and purposes of this ordinance and take any necessary
action.
2. Consider an ordinance providing for the issuance of City of Grapevine, Texas, Tax
Notes, Series 2013; awarding the sale of the notes; levying a tax in payment
thereof; authorizing the execution and delivery of a paying agent/registrar
agreement; approving the official statement; and enacting provisions incident and
relating to the subject and purposes of this ordinance and take any necessary
action.
Pursuant to the Texas Open Meetings Act, Texas Government Code, Chapter 551.001 et
seq, one or more of the above items may be considered in Executive Session closed to the
public. Any decision held on such matter will be taken or conducted in open session
following the conclusion of the executive session.
If you plan to attend this public meeting and you have a disability that requires special
arrangements at the meeting, please contact the City Secretary's Office at (817) 410 -3182
at least 24 hours in advance of the meeting. Reasonable accommodations will be made to
assist your needs.
In accordance with Texas Government Code, Chapter 551.001 et seq, Acts of the 1993
Texas Legislature, the Special City Council Meeting Agenda was prepared and posted on
this the 21st day of June, 2013 at 5:00 p.m. _ ®mow
STATE OF TEXAS
COUNTY OF TARRANT
CITY OF GRAPEVINE
The City Council of the City of Grapevine, Texas met in Special Session on this the 27th
day of June, 2013 at 12:30 p.m. in the City Council Chambers, Second Floor, 200 South
Main Street, with the following members present to -wit:
William D. Tate
Mayor
C. Shane Wilbanks
Mayor Pro Tern
Roy Stewart
Council Member
Darlene Freed
Council Member
Mike Lease
Council Member
Chris Coy
Council Member
constituting a quorum, with Council Member Sharron Spencer absent, with the following
members of the City Staff:
Bruno Rumbelow City Manager
Jennifer Hibbs Assistant City Manager
Matthew Boyle Assistant City Attorney
Jodi C. Brown City Secretary
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Mayor Tate called the meeting to order at 12:38 p.m.
ITEM 1A. CITIZENS COMMENTS
There were no Citizens Comments.
ITEM 1. ORDINANCE, GENERAL OBLIGATION BONDS, SERIES 2013
Administrative Services Director John McGrane requested approval of the sale of
$68,805,000.00 of General Obligation Bonds, Series 2013; awarding the sale thereof;
levying a tax in payment thereof; authorizing the execution and delivery of a paying
agent/registrar agreement; approving the official statement; and enacting provisions
incident and relating to the subject and purposes of the ordinance. Mr. McGrane noted the
bonds approved by voters in November 2012 will be used to renovate and expand the
Community Activities Center and to construct a new Public Safety Building.
Mr. McGrane stated eight bids had been received for the sale of the $68,805,000.00 in
General Obligation Bonds, Series 2013 and recommended that Hutchinson, Shockey,
Erley & Co. be awarded the bid at 3.745147% for the 20 year General Obligation Bonds,
Series 2013 and recommended the City Council accept the bid as presented.
06/27/13
Mayor Pro Tern Wilbanks, seconded by Council Member Coy, offered a motion to award
the bid to Hutchinson, Shockey, Erley & Co. at 3.745147% for the $68,805,000.00 General
Obligation Bonds, Series 2013 and adopt the ordinance providing for the issuance of City
of Grapevine, Texas General Obligation Bonds, Series 2013. The motion prevailed by the
following vote:
Ayes: Tate, Wilbanks, Stewart, Freed, Lease & Coy
Nays: None
Absent: Spencer
ORDINANCE NO. 2013 -29
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF
$65,805,000 CITY OF GRAPEVINE, TEXAS, GENERAL
OBLIGATION BONDS, SERIES 2013; AWARDING THE SALE
THEREOF; LEVYING A TAX IN PAYMENT THEREOF;
AUTHORIZING THE EXECUTION AND DELIVERY OF A
PAYING AGENT /REGISTRAR AGREEMENT; APPROVING
THE OFFICIAL STATEMENT; AND ENACTING PROVISIONS
INCIDENT AND RELATING TO THE SUBJECT AND
PURPOSES OF THIS ORDINANCE
ITEM 2. ORDINANCE TAX NOTES SERIES 2013
Administrative Services Director requested approval of an ordinance providing for the
issuance of $3,965,000.00 in City of Grapevine, Texas, Tax Notes, Series 2013; awarding
the sale of the notes; levying a tax in payment thereof; authorizing the execution and
delivery of a paying agent/registrar agreement; approving the official statement; and
enacting provisions incident and relating to the subject and purposes of the ordinance.
Administrative Services Director McGrane advised seven bids had been received for the
sale of $3,965,000.00 Tax Notes, Series 2013. The Tax Notes are for improvements to the
City's radio system, the purchase of Police vehicles and golf course equipment. He
recommended award of the $3,965,000.00 Tax Notes, Series 2013 to BOSC, Inc. at the
interest rate of 1.789765 %.
Council Member Freed, seconded by Council Member Stewart, offered a motion to award
the bid to BOSC, Inc. at 1.789765% for the $3,965,000.00 Tax Notes, Series 2013 and
adopt the ordinance providing for the issuance of City of Grapevine, Texas Tax Notes,
Series 2013. The motion prevailed by the following vote:
Ayes: Tate, Wilbanks, Stewart, Freed, Lease & Coy
Nays: None
Absent: Spencer
ORDINANCE NO. 2013 -30
2
06/27/13
$3,965,000 CITY OF GRAPEVINE, TEXAS, TAX NOTES,
SERIES 2013; AWARDING THE SALE OF THE NOTES;
LEVYING A TAX IN PAYMENT THEREOF; AUTHORIZING
THE EXECUTION AND DELIVERY OF A PAYING
AGENT/REGISTRAR AGREEMENT; APPROVING THE
OFFICIAL STATEMENT; AND ENACTING PROVISIONS
INCIDENT AND RELATING TO THE SUBJECT AND
PURPOSES OF THIS ORDINANCE
ADJOURNMENT
Mayor Pro Tern Wilbanks, seconded by Council Member Stewart, offered a motion to
adjourn the meeting at 12:41 p.m. The motion prevailed by the following vote:
Ayes: Tate, Wilbanks, Stewart, Freed, Lease & Coy
Nays: None
Absent: Spencer
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE,
TEXAS on this the 6th day of August, 2013.
Jokli 0. Brown
Cit ecretary
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