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HomeMy WebLinkAboutCC Minutes 1986-07-24 Special 105 SPEC IAL MEETING FRIENDSWOOD CITY COUNCIL � JULY 24 , 1986 MINUTFS OF A SPECIAL MEETING OF THE FRIENDSWOOD CITY COUNCIL THAT WAS HELD ON JULY 24, 1986 AT CITY HALL AT 5 : 00 Pt�i WITH THE FOLLOWING PRESENT CONSTITUTING A QUORUM; MAYOR RALPH L. LOWE COUNCILMAN JIM HARRELL COUNCILMAN ' EVELYN NEWMAN C�UNCILMAN PHYLLIS LEE -- CITY MANAGER JIM MORGAN CITY SECRETARY UELORIS MCKENZIE PRESENTATION WAS MADE BY UNDERWOOD NEUHAUS� FRANK ILDEBRANDO REGARDING REFINANCING THE CITY OF FRIENDSWOOD ' S BOPIDS. I 22,�3� �#MOTION WAS MADE BY COUNCTLMAN HARRELL TO APPROVE ORDINANCE 86- T'I 13 , AUTHORIZING THE ISSUANCE OF SALE OF CITY OF FRIENDSWOOD , (� TEXAS REFUNDING BONDS, SERIES 1986 ; AUTHORIZING THE FXECUTION OF � A BOND PURCHASE CONTRACT, AND ESCROW AGREEMENT, AND A BOND � REGISTRAR/PAYING AGENT AGREEMENT; AND APPROVING AN OFFICIAL m STATEM�NT. SECONDED BY COUNCILMAN NEWMAN . MOTION APPROVED UNANIMOUSLY . Q AT THIS TIME CITY MANAGER JIM MORGAN SUBMITTED A LETTER OF RESIGNATTON WITH AN EFFECTIVE DATE OF JULY 31 , 1986 . MAYOR LOWE R EAD THIS R ESIGNATION INTO THE R ECORD AND A SPEC IAL COUNCIL MEETING WAS CALLED FOR JULY 28 , 1986 AT 7 :00 PM TO CONSIDER ACCEPTANCE OF THIS RESIGNATION. MAYOR LOWE REPORTED THERE WOULD BE A MEETING JULY 30, 1986 AT HARRIS/GALVESTON SUBSIDENCE DISTRICT BOILDING HOSTED JOINTLY BY - FRIENDSWOODfS MAYOR AND CITY OF HOUSTON, JON VANDEN BOSCH TO DISCiISS A SOLUTION OF SURFACE WATER NEEDS AND A METHOD OF FINANC ING BY THE TEXAS WA TER DEVELOPMENT BOARD . TEXAS WA TER DEVELOPMENT BOARD WILL BE REPRESENTED BY MR. REG ARNOLD, DEVELOPMENT FUND MANAGER. REPRESENTATIV�S FROM SURROUNDING CITIES, MUNICIPAL UTILI�'Y DISTRICTS AND WATER AUTHORITIES WILL BE INVITED TO ATT�ND . MOTION WAS MADE AND SECONDED TO ADJOURN AT 5 : 30 PM. � n . � ' MAYOR ALPH L. LOWE . 3 DELORIS MC KEN t E ' CITY SECRETAR w