HomeMy WebLinkAbout08/31/1998 City Council 0t 701o
MINUTES OF THE SPECIAL SESSION OF COUNCIL
HELD ON
AUGUST 31, 1998
The SPECIAL SESSION of the City Council of the City of The Colony, Texas was called to
order at 6:25 p.m. on the 31~t day of August 1998 at City Hall, with the following council roll
call:
Mary Blair Watts, Mayor Present
Bill Longo, Councilmember Present
Bernetta Henville-Shannon, Councilmember Present
David Stanwick, Councilmember Absent
A1 Garcia, Councilmember Present
John Dillard, Councilmember Present
Dave Kovatch, Councilmember Present
and with six present a quorum was established, the following items were addressed:
1.0 REGULAR AGENDA
1.1 Public Hearing regarding the effective tax rate; and consideration of scheduling a
meeting to adopt the tax rate on September 14, 1998
Motion to open the public hearing - Longo, second - Dillard, carried with all ayes.
Mr. Tony Johnston explained that this public hearing is required because the increase in
property values increased the revenue the city gains from its ad Valorem taxes. The adjusted tax
base this year is $765,000,000.00 and the increased revenue is approximately $568,000 at the
proposed decreased tax rate of $.785 per $100. Valuation. The proposed tax rate for the coming
year is one cent less than the current rate of $.795 per $100.
Motion to close the public hearing - Dillard, second - Kovatch, carried with all ayes.
1.2 Consideration of adoption of an Ordinance authorizing the Issuance and Sale of
City of The Colony, Texas, Limited Tax Notes, Series 1998; prescribing the form of
said notes levying an ad Valorem tax to pay said notes; awarding the sale thereof;
and enacting other provisions relating to the subject
The $800,000 loan is for equipment in the Public Works, Finance, Police, Library, Parks
and Recreation and Vehicle Maintenance departments. Staff is working on a plan for the
communications system city wide, which will be completed before any funds are expended for
radio equipment.
Motion to approve as presented - Kovatch, second - Dillard, carried with all ayes
7:10 p.m. Councilmember Garcia left the meeting.
1.3 Consideration of an Ordinance granting a franchise to CoServ for the provision of
natural gas service
The franchise agreement ordinance has been reviewed by the city attorney and is
recommended for approval. After discussion with the CoServ representative, and discussion
regarding the renegotiations of the existing franchise agreement with Lone Star Gas a motion
was made as follows:
Motion to approve, subject to final approval by the City Attorney; the term shall be the
same as the term (negotiated) for Lone Star Gas, but shall be no longer than ten years -
Kovatch; second - Dillard, carried with all ayes.
1.4 Consideration of a resolution supporting legislation to sustain the Development
Corporation Act of 1979, which established the 4A and 4B sales and use tax
Motion to approve - Dillard, second - Kovatch, carried with all ayes.
1.5 Consideration of a resolution supporting legislation to strengthen the position of
municipalities in the State of Texas with regard to the sale of alcohol
Motion to postpone until January 1999 - Dillard; second - Kovatch, carried with all ayes.
1.6 Consideration of a resolution supporting the continuance of funding provided by the
Intermodal Surface Transportation Equity Act (ISTEA)
Motion to approve - Kovatch; second - Dillard, carried with all ayes.
1.7 Consideration of a resolution encouraging the Texas State Legislature to support
Congressman Dick Armey's efforts to institute a national fiat tax program
Motion to approve - Longo, second - Dillard, carried with all ayes.
With no further business to address, the Special Session was adjourned at 7:44 p.m.
AT;~_~ST: ~, .,t/, MaryBl~air WOs, Mayor