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HomeMy WebLinkAbout1987-08-27 Workshop s; � � k � k STATE OF TEXAS �' COUNTY OF TARRANr � CITY OF GRAPEVINE � � G 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: l `� ' 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. i :, INVOCATION The Invocation was delivered by Mayor Pro Tem Ware. � :� � � Wt�RKSHOP, PR�JPOSID 1987-88 BUDGET � i � 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. ; ; � 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. l i ; 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. i AATOURl�1T (; i 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: � I � � Ayes: Powpx�s, Ware, Glynn, Spencer, Wilbanks, Niedermeier, & Traverse I � Nays: None � j f PASSID AND APPROVED BY Tf� CITY COUNCIL OF TFIE CITY OF GRAPEVINE, TEXAS on � this the �� day of _T�,�x. , 1987. � E APPROVID: � - ,-� � � � Mayor A�l.�'ST: i _ w � i y Secretary ° � � �