HomeMy WebLinkAboutCC Minutes 1986-06-27 Special 91
SPECIAL MEETING
FRIENDSWOOD CITY COUNCIL
� JUNE 27 � 1986
MINUTES OF A SPECIAL MEETING OF THE FRIENDSWOOD CITY COUNCIL THAT
WAS HELD ON JUNE �27 , 1986 AT 4 : 30 PM AT CITY HALL WITH THE
FOLLOWING PRESENT CONSTITUTING A QUORUM: . ,,
MAYOR RALPH L . LOWE
COUNCILMAN PHYLLIS LEE
COUNCILMAN � JIM HARRELL
COUNCILMAN . EVELYN NEWMAN
COUNCILMAN JOE PRIHODA
COUNCILMAN BOB WICKLANDER
CITY MANAGER JIM MORGAN
CITX SECRETARY DELORIS MCKENZIE
ABSENT FRaM THE ENTIRE MEETING WAS COUNCILMAN JAN JORDAN.
�""� **MOTION WAS MADE HY COUNCILMAN NEWMAN TO APPROVE RESOLUTION R86-
O7 9 , ADOPTING AN ORDER RELATING TO RATES TO BE CHARGED BY HOUSTON Gf'�-g
� LIGHTING AND POWER COMPANY FOR ELECTRIC UTILITY SERVICE WITHIN �
� THE CORPORATE LIMITS OF THE CITY OF FRIENDSWOOD , TEXAS;
m CONTAINING FINDINGS AND PROVISIONS RELATED TO THE SUBJECT;
Q PROVIDING FOR A REPEALER AND FOR SEVERABILITY .
SECONDED BY COUNCILMAN WICKLANDER . MOTION APPROVED UNANIMOUSLY .
MAYOR LOWE ANNOUNCED THE CLEAR CREEK AGREEMENT WILL BE SIGNED
MONDAY AT 2: 00 PM ON TOP OF THE KEMAH BRIDGE AND INVITED EVERYQNE
TO ATTEND . ,
� .
MAYOR LOWE REPORTED HE ATTENDED A PROPERTY TAX MEETING IN LA
MARQUE WITH ALTA CARBONE , TAX COLLECTOR AND COUNCILMAN HARRELL
ATTENDING FROM FRIENDSWOOD ALONG WITH REPRESENTATIVES FROM
SURROUNDIN(3 CITIES. MAYOR LOWE STATED HE FELT THE CENTRAL
APPRAISAL DISTRICT IS HAVING A CHANGE OF ATTZTUDE AND FEELS
POSITIVE CITIES WILL SEE RESULTS FROM THIS MEETING .
MAYOR LOWE REMINDED COUNCIL THE CHARTER REVIEW COMMITTEE NEEDS
TO BE APPOINTED ON JULY 7 � 1986 AND COUNCIL SHOULD BE PREPARED TO
SUBMIT NAMES FOR CONSIDERATION .
A LENGTHY DISCUSSION WAS HELD REGARDING PROPOSALS FOR ADVANCED
REFUNDING WITH COUNC.IL BEING MADE AWARE THAT OTHER COMPANIES ARE
� INTERESTED IN THIS PROPOSAL AND WOULD LIKE TO MAKE PRESENTATIONS
FOR COUNCIL CONSIDERATION .
MR . JIM GRIMSRUD WITH E . F . HUTTON REQUESTED THAT E . F . HUTTON BE
CONSIDERED FOR CO-UNDERWRITERS TO WORK WTTH UNDERWOOD NEUHAUS AND
INTRODUCED MR. TERRY TIERNEY , SR . VICE-PRESIDENT FOR E . F .
HUTTON .
MR . FRANK ILDEBRANDO WITH UNDERWOOD NEUHAUS STATED HE FELT A
UNDERWRITER IS NOT NECESSARY FOR THIS ADVANCED REFUNDING .
MR . PAUL MAAZ , TEXAS COMMERCE BANK-FRIENDSWOOD REQUESTED THEY BE
CONSIDERED AS CO-MANAGER AND CO-UNDERWRITERS FOR THIS PROPOSAL .
MR . FRANK ILDEBRANDO WITH UNDERWOOD NEUHAUS STATED HE FELT
UNDERWOOD NEUHAUS SHOULD BE MANAGING UNDERWRITERS .
*+�MOTION WAS MADE BY COUNCILMAN NEWMAN TO AUTHORIZE UNDERWOOD
NEUHAUS AS PRIMARY MANAGER WITH TEXAS COMMERCE BANK AS CO-
MANAGER AND E . F . HUTTON , PAYNE WEBBER , TEXAS COMMERCE BANK AND ���1i
UNDERWOOD NEUHAUS AS UNDERWRITERS AND WILL WORK OUT DIVISION OF
FEES .
SECONDED BY COUNCILMAN WICKLANDER . MOTION APPROVED UNANIMOUSLY .
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FRANK ILDEBRANDO WITH UNDERWOOD NEUHAUS ADVISED THEY WILL RETURN
IN APPR4XIMATELY THREE WEEKS TO RECOMMEND A PAYING AGENT AND
ESCROW AGENT FOR THIS ADVANCED REFUNDING.
CITY MANAGER REPORTED THE ESTIMATED COST ON THE BOX CULVERTS " AT
COWARDS CREEK WILL BE APPROXIMATELY $30 , 000 . COUNCIL REQUESTED
CITY MANAGER ADVISE WHERE THESE FUNDS WILL COME FROM AND AL�SO
REQUESTED THE CITY ENGINEER ADVISE IF THERE IS ANY ALTERNATIVE .
COUNCIL CONCURRED WITH THE CITY MANAGER TO GO OUT FOR BIDS ON . ,,
THIS PROJECT.
COUNCIL DISCUSSED THE REPLACEMENT OF THE FRIENDSWOOD LINK BRIDGE
AND THE FACT THE BRIDGE WILL NEED TO BE CLOSED DOWN , COUNCIL
REQUESTED THE CITY MANAGER FIND OUT THE TIME FRAME FOR THE BRIDGE
TO BE GLOSED AND CONSIDER A METHOD OF ADVISING THE HOMEOWNERS .
COUNCILMAN LEE REPORTED SHE IS CONCERNED ABOUT THE CONDITION OF
THE FOREST BEND BUILDING . MAYOR LOWE REQUESTED COUNCILMAN LEE
TALK TO THE FAIR PLAY COMMTTTEE ABOUT THIS AND POSSIBLY GO OVER
AND LOOK AT THE BUILDING .
MOTION WAS MADE AND APPROVED TO ADJOURN AT 6 : 20 PM.
�
M OR RALPH L . LOWE
�
. �
DELOR S MCKENZ .
CITY SECRETARY
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