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HomeMy WebLinkAbout08/21/1989 City Council 00881, MINUTES OF THE CITY COUNCIL MEETING HELD ON AUGUST 21, 1989 The Regular Session of the City Council of the City of The Colony, Texas was called to order at 7:30 p.m. on the 21st day of August, 1989 at City Hall with the following Council roll call: Don Amick, Mayor Present Rick Harris, Mayor Pro-rem Present Steve Withers, Councilman Present Mike Alianell, Councilman Present Steve Glazener, Councilman Present Dick Weaver, Councilman Present Joel Marks, Councilman Present and with seven present, a quorum was established and the following items were addressed: 1. PLEDGE OF ALLEGIANCE Mayor Amick led the Council and audience in the Pledge of Allegiance to the flag of the United States of America. 2. CITIZEN INPUT There was none. 3. RECOGNITION OF VOLUNTEER SERVICE BY KATHY PHILLIPS Mayor Amick read a certificate of appreciation recognizing the volunteer service rendered by Ms. Phillips for the past several years to the City by serving on the Little League Association, the Park and Recreation Board, the PARDners, and many other areas, and then presented the certificate to Ms. Phillips. Councilman Glazener noted that he had worked with Kathy and praised her efforts in getting the Triathlon organized, stating we (the city) need more people like to her. 4. CONSIDERATION OF A REQUEST FROM MICHAEL RAY TO BUILD A BRIDGE AT SCOUT PARK AS AN EAGLE SCOUT PROJECT Michael Ray, an Eagle Scout, presented the Council with plans for a bridge, he would like to build in Scout Park. Mr. Ray said this would be his Eagle Scout project, noting that all the material will be donated by Home Depot and other area merchants. Councilman Harris moved to approve the project and Councilman Glazener seconded the motion. Councilman Glazener said it takes several years of effort to get where Michael is today, and that this is a worthwhile project. Councilman Harris asked if staff will be monitoring this project and Mr. Hall said yes, and offered Mr. Ray any help if needed. Mayor Amick asked when the project would be finished. Mr. Ray said it depends on when he receives the material, but he hopes to have the bridge complete by Christmas. The motion then carried with a unanimous roll call vote. 5. PUBLIC HEARING AS REQUIRED BY THE TEXAS DEPARTMENT OF COMMERCE IN REGARD TO APPLYING FOR STATE FINANCIAL ASSISTANCE FOR RESIDENTS IN THE EASTVALE AREA FOR CONNECTION TO A PROPOSED SEWER LINE Councilman Harris moved to open the public hearing and Councilman Marks seconded the motion which carried with all members voting Aye. Mr. Bob van Til gave a presentation regarding the application process, showing slides of the area. Mr. van Til said this grant application is for financial assistance to low- moderate income residents in the Eastvale addition to connect to the proposed sewer line, for which a loan has been applied through the State Revolving Fund. Mr. van Til said this is the 003310 first of two public hearings, the second of which will be held in the Eastvale Addition on August 28. Mr. van Til then covered the items required to be on the agenda of the first public hearin9 (see attachment "A"). Those items being: 1. Need of the area 2. Available funding 3. All eligible activities 4. Past TCDP funds 5. Final item Councilman Alianell asked if the figures were set and Mr. van Till said no, explaining how the money would be spent, and stating that by the next public hearing the figures should be finalized. Councilman Alianell also asked if the City could apply for another grant under another category, ie, Community/Senior/Social Service Centers. Mr. van Til stated we could only apply for one type grant in one year. Councilman Marks asked if this is to benefit all residents and commercial in the Eastvale. Mr. van Til said all low- moderate income persons, but no commercial. Councilman Alianell moved to close the public hearing and Councilman Glazener seconded the motion which carried with all members voting Aye. 8. CONSIDERATION OF AN ORDINANCE AMENDING CHAPTER 19 OF THE CODE OF ORDINANCES OF THE CITY OF THE COLONY, TEXAS, RELATING TO TRAFFIC, AMENDING SCHOOL ZONES Mayor Amick read the caption of the Ordinance and the streets on which there are school zones as follows: AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS AMENDING THE CODE OF ORDINANCES OF THE CITY BY AMENDING CHAPTER 19 OF THE CODE RELATING TO TRAFFIC; AMENDING SCHOOL ZONE AREAS; PROVIDING A SEVERABILITY CLAUSE; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE OF ALL OTHER ORDINANCES OF THE CITY RELATING TO TRAFFIC EXCEPT TO THE EXTENT OF CONFLICT HEREWITH; PROVIDING A PENALTY NOT TO EXCEED THE SUM OF TWO HUNDRED DOLLARS ($200.00) AND A SEPARATE OFFENSE SHALL BE DEEMED COMMITTED EACH DAY DURING OR ON WHICH A VIOLATION OCCURS OR CONTINUES; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE Squires Drive From a point 280 feet East of its intersection with Taylor Dr., to a point 280 feet West of its intersection with Taylor Dr. Taylor Drive From its intersection with Squires Dr., to a point 280 feet South of Squires Dr. N. Colony Blvd. From a point 280 feet East of its intersection with Taylor Dr., to a point 280 feet West of its intersection with Taylor Dr. N. Colony Blvd. From a point 280 feet East of its intersection with Keys Dr., to a point 280 feet West of its intersection with Keys Dr. N. Colony Blvd. From a point 460 feet East of its intersecting point with Ragan Dr. to a point 560 feet West of its intersection with Ragan Dr. N. Colony Blvd. From a point 250 feet East of its intersecting point with Farm Rd. Hwy 423 (Main St.) to a point 260 feet West of its intersecting point with Farm Rd. Hwy 423 (Main St.) N. Colony Blvd. From a point 250 feet East of its intersection with Paige Rd. to a point 250 0033 1 j feet West of its intersection with Paige Rd. S. Colony Blvd. From a point 300 feet East of its intersection with Blair Oaks Dr. to a point 20 feet West of its intersection with Alta Oaks Ln. Keys Drive From a point 280 feet East of its intersection with Anderson Dr . , to its intersecting point with the south alley of Elliot Drive. Nash Drive From a point 250 feet West of its intersection with John Yates Street to its intersecting with Miller Dr. Paige Road From its intersecting point with N. Colony Blvd. to 250 feet south of its intersection with N. Colony Blvd. Paige Road From its intersecting point with Slay Dr. to its intersecting point with Gates Dr. Augusta St. From a point 250 feet East of Anderson Dr. to a point 730 feet West of Anderson Dr. Anderson Dr. From a point 540 feet South of Augusta St. to its intersection with Augusta St. Curry Drive From a point 250 feet North of its intersection with N. Colony Blvd . to its intersection with Hale St. Blair Oaks Rd. From a point 300 feet North of its intersection with S. Colony Blvd . to its intersection with Arbor Glen Rd. Arbor Glen Rd. From its intersection with Ash Glen Lane to a point 200 feet East of Blair Oaks Rd. John Yates St. From its intersection with Roberts Dr. to its intersection with Shannon Dr. Councilman Harris asked about the deletion of the crossing at Joy Drive and N. Colony. Mr. Hall said that there is a 4 way crossing at 423 and N. Colony and at Blair Oaks and N. Colony, going on to say that staff felt it was not a necessary crossing, and that due to the berm in the median , the view of persons crossing in that area is blocked to drivers, making it an unsafe crossing. Mayor Amick stated to Chief Ristagno, that when there are heavy rains, he might consider placing an officer in that area, due the flooding that occurs and the children walking in that area may need assistance. Councilman Marks moved to approve the ordinance as written and Councilman Alianell seconded the motion, which carried with a unanimous roll call vote. 9. FIRST READING OF AN ORDINANCE PROHIBITING PARKING OF OVERSIZE VEHICLES IN GENERAL RETAIL, SHOPPING CENTER AND NEIGHBORHOOD SERVICES AREAS OF THE CITY OF THE COLONY, TEXAS Mayor Amick read the caption of the ordinance as follows : AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS AMENDING CHAPTER 19 OF THE CODE OF ORDINANCES OF THE CITY RELATING TO TRAFFIC BY ADDING A NEW SUBSECTION 19-12 (i) PROHIBITING THE PARKING, STOPPING, STANDING OR STORAGE OF MOTOR VEHICLES OTHER THAN A PASSENGER CAR, LIGHT TRUCK, MOTORCYCLE , MOTOR DRIVEN CYCLE OR MOPED ON PRIVATE PARKING FACILITIES IN THE GR GENERAL RETAIL, SC SHOPPING CENTER AND NS NEIGHBORHOOD SERVICE ZONED 0033 DISTRICTS ; AUTHORIZING THE REMOVAL OF ANY SUCH ILLEGALLY PARKED VEHICLE; PROVIDING FOR A PROBABLE CAUSE HEARING ; REQUIRING THE POSTING OF SIGNS; PROVIDING EXCEPTIONS TO THE SAID PARKING PROHIBITION; PROVIDING DEFINITIONS ; PROVIDING A SAVINGS CLAUSE ; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A PENALTY NOT TO EXCEED THE SUM OF FIVE HUNDRED DOLLARS ($500.00) FOR EACH OFFENSE AND A SEPARATE OFFENSE SHALL BE DEEMED COMMITTED EACH DAY DURING OR ON WHICH A VIOLATION OCCURS OR CONTINUES ; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE Mayor Amick stated this ordinance is aimed at keeping tractor trailer trucks from parking in the parking lots at the shopping centers, going on to say the lots are being torn up, the truck parking is unsightly and they are also tearing up the medians and curbs when turning into the parking lots. Councilman Alianell asked if there is a designated area for truck parking . Bill Hall said no , the only area would be districts zoned light commercial , and noted that there is one south of the city limits off FM 423 . Councilman Alianell asked what a driver would do if he lives in the City or wishes to visiting for a day or two. Mayor Amick stated there are truck terminals available for that purpose. Councilman Withers said he understands the property owners desire the trucks not to park there and Mr. Hall said that is correct and then passed around some pictures of the Wal-Mart parking lot , reflecting trucks parked in the lot today. Mr. Hall said he had spoken to Chief Auto Parts and to Southland Corp. who both have solicited the City' s help in this problem. Councilman Harris asked if it is the intent of staff to tow the vehicles and Mr. Hall said that is an option. Mayor Amick said signs will be placed noting the ordinance number and the possible fine. Councilman Harris said he just wants to know if the ordinance is passed, it will be enforced. Councilman Marks asked Chief Ristagno if the police department responds if there is an accident between two passenger cars in a private parking lot. Chief Ristagno said that is our option , however , State law does not require us to do so . Councilman Marks said that the Council does not want truckers in the city, asking why we are worried about private parking lots, going on to say that other cities do not respond to problems in private lots. Councilman Harris said no city provides truck terminals. Councilman Marks asked why not, stating that once before this problem had come up and 8 of the 12 truckers living in the city moved out. Mayor Amick said anyone driving a truck can live here just as anyone who flies a plane can live here, but we don 't want a plane parked in our shopping centers. The Mayor went on to say that the shopping centers were not built to provide truck parking, which is evident by the holes in the lots. Councilman Glazener agreed with Harris and Amick, noting the city has been trying to solve this problem for some time. Councilman Marks said he is not asking the city to put in a terminal , but asked what the city is going to do for them (truckers ) , also asking if the city bought a "boot" . Mr. Hall said no the boot was not purchased , due to liability factors, plus the company went out of business. Councilman Marks asked what would happen if the property owners said it is O. K . Councilman Harris said the ordinance would still stand. Councilman Marks asked if we are doing this now because the property owners don' t want the trucks parking in their lots. Mayor Amick said this is not just for the property owners, but the citizens of the City, stating this is an eyesore and there have many complaints regarding this. Councilman Marks asked if the city is liable for damages to the trucks due to towing and the Mayor said the city would pay if the trucks are damaged. Agnes Foster asked about parking in the streets and the Mayor noted that is covered under a separate ordinance. Debbie Ehrman, 5004 Blair Oaks Rd. , stated that she does not 0332i feel this is against truck drivers, but that she as an employee of Wal-Mart thinks it is necessary. Ms. Ehrman said the money to repair the parking lot comes from the profit of the store, which comes from the employees profit sharing , noting that the employees are citizens also. Mayor Amick closed discussion and asked the City Secretary to bring this ordinance to the Council on September 11, 1989 for action. 10. FIRST READING OF AN ORDINANCE PROHIBITING THE OPERATION OF RADIO CONTROLLED AIRPLANES IN CITY PARKS, INCLUDING BUT NOT LIMITED TO, STEWART CREEK PARK Mayor Amick read the caption of the ordinance as follows: AN ORDINANCE OF THE CITY OF THE COLONY , TEXAS AMENDING CHAPTER 14 OF THE CODE OF ORDINANCES OF THE CITY RELATING TO PARKS AND RECREATION BY AMENDING SECTION 14-6 RELATING TO UNLAWFUL ACTS WITHIN A CITY PARK BY ADDING A NEW SUBSECTION (21) PROHIBITING THE USE OF ANY RADIO CONTROLLED AIRPLANE WITHIN A CITY PARK; PROVIDING A SAVINGS CLAUSE ; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A PENALTY NOT TO EXCEED THE SUM OF FIVE HUNDRED DOLLARS ( $500 . 00 ) FOR EACH OFFENSE AND A SEPARATE OFFENSE SHALL BE DEEMED COMMITTED EACH DAY DURING OR ON WHICH A VIOLATION OCCURS OR CONTINUES; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE Mayor Amick said this ordinance was brought about by recent hazardous conditions observed at city parks due to radio controlled airplanes being flown where there are crowds of people. Councilman Harris asked if this effects school yards and Nick Ristagno , Chief of Police said it does not, however that could be added. Bill Hall said the school district would have to restrict this activity. Councilman Weaver asked if this includes tethered airplanes and the Chief said it covers all aeronautical devices. Ms . Vivian Bedell said she would like to see an area designated for this activity. Mayor Amick said that is a good idea , but he is not sure there is such an area in our city. Chief Ristagno said there is a club on 5th St. in Frisco, just off Preston Rd. where people can fly these type airplanes. Mr. Hall said this ordinance does not prohibit the planes in the city but in parks and playground areas. Mayor Amick asked if this ordinance should include empty lots around residences. Chief Ristagno said it could be added. Mayor Amick directed the Chief to add a provision for certain distances from homes and asked him to contact the schools to see if they want their property to be included. Agnes Foster said if we are eliminating this activity in parks and empty lots then why not restrict it completely. Mayor Amick said the intent is to restrict these planes in heavily used parks and recreational areas. Councilman Harris said this is a fun hobby, but it is dangerous in park areas. Mayor Amick closed the discussion on this ordinance. 6. ACCEPTANCE AND AWARD OF BIDS FOR INSURANCE COVERAGE FOR CITY EMPLOYEES Bill Hall stated that five bids had been received¢'opened on August 14 , 1989 . Ms . Katherine Martinez , Personnel Director advised the Council that insurance rates had gone up again this year, stating that the low bidder was Washington National . Ms. Martinez said the city is currently using Washington National and her recommendation is to award the bid to them again, since the other proposals had been more expensive for less benefits . Councilman Harris asked about the deductible and Ms. Martinez said she recommends the $100 .00 deductible. Councilman Weaver asked if employees are satisfied with this policy. Bill Hall said that after some initial problems, the company has been handling claims satisfactorily. Councilman Alianell asked if the city pays for coverage other than the employee and the Mayor said 00332 no , the city pays 100% of the employee ' s coverage but the employee has to pick up the difference for spouse, child and family coverage. Councilman Alianell moved to accept the bids and award the contract to the low bidder, Washington National with a $100 .00 deductible and Councilman Harris seconded the motion. There followed a brief discussion clarifying the amount of the premiums. At this time, the motion carried with a unanimous roll call vote. Mayor Amick then advised all present that Washington National had forwarded a letter to the city stating that they had re-evaluated their proposal and the rates would be about 10% lower than bid. The Mayor explained that these rates could not be considered until the bids were accept4ed and awarded as originally proposed. EMERGENCY AGENDA ITEM Mayor Amick called a recess so Council could review the following two items. 1. CONSIDERATION OF ACCEPTANCE AND AWARD OF BIDS FOR THE INSTALLATION OF TRAFFIC LANE MARKINGS ON NORTH COLONY BOULEVARD FROM MORNING STAR DRIVE TO ETHRIDGE DRIVE Mayor Amick stated that three bids had been received as follows: American Striping $30 ,020 . 65 Traffic Systems $30 ,253 . 75 Lectric Safety Lights $31 ,318 .85 Councilman Harris moved to accept the bids and award the contract to the low bidder, American Striping in the amount of $30,020. 65 . Councilman Alianell seconded the motion. Councilman Weaver said he is against spending the money at this time when there are higher priorities, going on to say we need to be careful where our money is spent. Councilman Marks said he is concerned with the money also, asked if the width of North Colony can accept 4 lanes, and stated that we could do only the center lane for $13 ,000.00 . Mike Russell , Operations Manager, said he believes if this project is done, it should be done completely and feels strongly the city should go forward with this. Mr. Russell stated the lanes are wide enough. Mr. Hall also recommended doing all the project or none due to liability, stating that if we only mark the center lane, we are making a statement that we know what the requirements are for marking that street and it should be done but we are not doing it. Councilman Weaver said if we do this project, we cannot repair the streets. Mayor Amick said he supports this and it is long overdue, stating he is very aware of all the projects and he feels this is top priority , and that it will make the street safer during school . Councilman Harris agreed, stating this has been put off for too long. Councilman Marks asked if Lectric Safety references had been checked . Mr. Hall said all companies had been checked and found to be capable, with no reason to reject any of them. Councilman Marks asked if the City has employees trained to maintain the markings . Mr . Hall said yes , that employees will be trained . Councilman Withers asked if by making N. Colony 4 lanes, the jog at the medians will be too narrow. Mr. Russell said there is plenty of room, noting it is over the minimum standards and in fact wider than 423 lanes. Councilman Weaver asked where the money is coming from and Mr. Hall said from the contingency fund from IBM. Councilman Marks asked about street repair , stating it should be a higher priority and if we button N. Colony, how will we repair it. Mayor Amick said the buttons can be removed, the 00332d street repaired and the buttons replaced. Councilman Marks asked if there are guidelines as to how to spend contingency funds . Mayor Amick and Mr . Hall both responded, this is by Council approval . Councilman Glazener called for the questions. The motion then carried with the following roll call vote: Harris - Aye ; Withers - Aye; Alianell - Aye; Glazener - Aye; Weaver - No; Marks - No; Amick - Aye 7. CONSENT AGENDA Mayor Amick summarized the items on the consent agenda for the Council and audience. A. CONSIDERATION OF APPROVAL OF MINUTES OF THE COUNCIL MEETINGS HELD ON AUGUST 7 AND 14, 1989 Councilman Withers moved to approve the minutes as written and Councilman Alianell seconded the motion which carried with a unanimous roll call vote. B. CONSIDERATION OF AN ORDINANCE AUTHORIZING A CONTRACT FOR INSURANCE COVERAGE FOR CITY EMPLOYEES Councilman Withers moved to approve the ordinance as written and Councilman Alianell seconded the motion which carried with a unanimous roll call vote. 2 . CONSIDERATION OF AN ORDINANCE AUTHORIZING A CONTRACT FOR INSTALLATION OF TRAFFIC LANE MARKINGS ON NORTH COLONY BOULEVARD FROM MORNING STAR DRIVE TO ETHRIDGE DRIVE Councilman Alianell moved to approve the ordinance as written and Councilman Harris seconded the motion which carried with the following roll call vote: Harris - Aye; Withers - Aye; Alianell - Aye; Glazener - Aye; Weaver - No; Marks - No; Amick - Aye 11 . CITY MANAGER' S REPORT 1 . Introduced the proposed Thoroughfare Plan for the City, stating this had been coordinated with surrounding cities and will be brought back to Council at a later date for action. 2. Preliminary results are in on the street testing, per Hal Jones. Two problems; no sub-base and the scaling is due to little or no air in the concrete. 3. Mr. Hall has written a letter to the manager of the shopping regarding the noise complaints voiced by the residents in the area of S. Colony and Paige, however he has not received a response. 12. WORK SESSION TO REVIEW FINANCING OPTIONS WITH FINANCIAL CONSULTANT, FIRST SOUTHWEST COMPANY Mr . Boyd London, from First Southwest Company advised the Council of his company ' s recommendation for refinancing of assumed MUD debt . (See attachment "B") Mr. London said this would extend the debt 4 years , but would save the city approximately $200 , 000. 00 a year. There was a lengthy discussion regarding the process and how this would benefit the city , with Mr . London and Mr . James England, Finance Director fielding questions of the Council . Councilman Harris suggested this be acted upon before the 1989/90 budget is finalized. Mayor Amick, with Council approval directed Mr. London to begin the process of refunding the MUD bonds and to bring this back to Council for final approval . Mr. London said he would probably be back by the first meeting in October. 003324 Mayor Amick then directed the staff to prepare a resolution for the August 28 agenda supporting this refunding procedure. Mr. London elaborated on the complicated refunding process, stating it should be complete within 90 days of approval. With no further business to address , Councilman Alianell moved to adjourn the meeting and Councilman Harris seconded the motion which carried with all members voting Aye. Mayor Amick adjourned the meeting at 10: 00 p.m. APPROVED: Don mick, Mayor ATTEST: 421,Z - 4. Patti A. Hicks, City Secretary [SEAL] 00332o ATTACHMENT "A" 1989 TEXAS COMMUNITY DEVELOPMENT PROGRAM FIRST REQUIRED PUBLIC HEARING AGENDA August 21, 1989 7:30 P.M. City Hall 5151 North Colony Blvd. The Colony, Texas 75056 1. NEED OF THE AREA The 1989 Application for grant monies under the TCDP is for assistance to low to moderate income people to tie into a proposed sewer collection system provided by the City of The Colony. 2. AVAILABLE FUNDING The North Central Texas region was allocated slightly more than $ 35 million in 1989-a 10% increase over 1988. In July, the Regional Review Committee (RRC) decided that each "entity" is eligible to apply for a maximum amount of $ 250,000.00. 3. ALL ELIGIBLE ACTIVITIES Following is a partial list of eligible activities for funding under TCDP: A. Water System Improvements B. Housing Rehabilitation C. Affordable New Housing ID. Wastewater Improvements E. Road/Street Improvements F. Drainage Improvements G. Gas Systems Improvements H. Solid Waste Disposal/Landfills I. Handicapped Accessibility Improvements J. Fire Protection Facilities K. Community/Senior/Social Service Centers 4. PAST TCDP FUNDS The City of The Colony has never received any TCDP Grant Funds. However, .the former City of Eastvale received a planning/capacity grant in'1986. This grant was recently closed-out in early 1989 and the project completed. 5. FINAL ITEM Citizens are encouraged to submit their views and proposals regarding Eastvale's Community Development needs. Written comments can be submitted to the City's planning office prior to August 28, 1989. 0 0 ( 3 2 0 -T--7-E•frt ATTACHMENT "13" MEMORANDUM .)UNCILMEMBERS ,01-0NY 4DON, JR. . , 1989 .• RE: REI :ING OF ASSUMED MUD DEBT The City is facing escalating MUD debt service costs of approximately $194,000 in Fiscal Year 1990 and $120,000 in Fiscal Year 1991, totaling approximately $314,000. Attached is a computer run illustrating a restructuring proposal to lower the average annual principal and interest requirements to approximate what the City is now paving. Although debt repayment had to be extended by four years, it should not have a material effect on the City's bond rating. P...,:ase note that our proposal is to refund the Series 1985 bonds issued at an average • rate of 9.60%, although the MUD bonds are the one's giving the City the problem right now. The rationale benind this is that all debt of the City is being paid from a tax levy, so it should not matter which debt we refinance, as long as the levy is moderated. Second, the 1985 issue has some savings associated with 'a lowering of the interest rate, so it is the most logical candidate. As the City begins to transfer moneys from water and sewer operations to help defray the MUD debt, we can then structure future issues to reflect the nature of those transfers and their favorable impact on the tax structure. Third, if we refunded the MUD bonds, it would be the last refunding available under current tax, law. With the 1985 issue, we would still have one more refunding available. The difference between the present value of the cash flows between the old and new financing is p'sitive (advantageous to the City), further indicating that the lowering of th... interest Rtes on the Series 1985 bonds had a positive effect. Thc transactim can be completed ninety (90) days from authorization. All numbers illustrated ind.ude costs of issuance, and are net to the City. W131,:sgm Attachment I i 0 Z P"a�. -1 Y 2 Z � P 7 7' 4. Less : Plus :.. New O t."iscal Year Outstanding Refunded Refunding D bt Requirenien.:_ ` e.w 1990 3 , 210, 246 581, 088 347 , 766 2,976 , 924 Y. 1991 3 , 314 , 286 566 , 088 228 , 510 2 , 976 ,709 1992 3 , 275,751 574 ,588 273 , 823 2 , 974 , 986 1993 3 , 262, 491 556 , 588 267 , 498 2 , 973 , 401 1994 3 , 261, 356 562 , 088 270 , 803 2 , 970 , 071 1995 3 , 208 , 879 541 , 088 302 , 408 2 , 970 , 199 1996 3 , 210 , 636 545, 388 307 , 088 2 , 972 , 336 1997 3 , 216, 471 550 , 063 305,780 2 , 972 , 189 1998 3 , 221 , 953 553 ,563 303 , 628 1999 3 , 225, 376 554 , 538 300, 659 2 , 97 ' 2000 3 , 220,083 .. 552, 938 306 , 563 2 , , _ , 708 2001 3 , 214 , 751 548 , 713 .306 ,153 2 , 972 , 191 • 2002 3 , 261 , 224 565, 719 275, 635 2 ,971 , 140 • 2003 3 , 246 , 793 554 , 000 279 , 885 2 , 972 , 678 2004 3 , 256,750 563 , 625 277 , 848 2 , 970 , 973 2005 3 , 263 , 975 569 ,750 279 ,518 2 , 973 , 743 2006 3 , 173 , 625 548 , 625 345, 000 2, 970 , 000 2007 1, 985, 000 985 ,000 2 ,970 , 000 • 2008 2 ,970,000 2, 970 , 000 . 2009 2 , 970 ,000 2, 970 , 000 2010 2 , 970,000 2 , 970 , 000 Totals 57 , 029 , 646 9 , 488 , 444 14 , 873 ,560 62 , 414 , 762