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Minutes 12/10/1991
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Minutes 12/10/1991
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City Council
City Council - Type
Adopted Minutes
City Council - Date
12/10/1991
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183 <br /> <br />December 10, 1991 <br /> <br />UNFINISHED BUSINESS <br /> <br /> 91-490 <br />Improvement <br />projects. <br /> <br />- Ordinance to appropriate $140r000 from t~e Capital <br />Fund for underground sto~age tank removal and related <br /> <br /> Motion of Mr. Epperson and <br />following ordinance was adopted <br />following vote: <br /> <br />seconded by Mr. Clemons, the <br />on final reading, and by the <br /> <br />"AN ORDINANCE TO APPROPRIATE $14!0,000.00 FROM THE QAPITAL <br />IMPROVEMENTS FUND FOR THE REMOVAL OF SEVERAL UNDERGROUND <br />FUEL STORAGE TANKS, SOIL REMOVAL, AND T~E INSTALLATION OF <br />SEVERAL ABOVEGROUND FUEL TANKS.'" <br /> <br />Ayes: Clemons, Corprew, Epperson, Kinlg, Hawks, Lucas, Webb <br />Nays: None ~ <br /> 91-401 - Ordinance to approprialte S95,000 from Public <br />Utility Capital Improvement Fund to slize, design and ' the new <br />Broad Street Elevated Water Tank. <br /> <br /> otlon of Mr. King and seconded ~y Mrs. Lucas, the following <br />ordinance was adopted on final reading, and by the following vote: <br /> | <br /> "AN ORDINANCE TO APPROPRIATE $95i, 000.00 FROM THE PUBLIC <br /> UTILITY CAPITAL IMPROVEMENTS FU~b FOR THE PURPOSE ~ <br /> BUILDING THE BROAD STREET ELEVATED WATER TANK." <br /> <br />Ayes: Clemons, Corprew, Epperson, King, Hawks, Lucas, W~ <br />Nays: None <br /> <br /> 91-407 Letter from the City Manger recommending <br />of a motion to transfer $48,585 from the Grants Conting~ <br />Account for landscaping and tree plantings at the entrar <br />River Pointe complex and along Cedar Lane at the Wester~ <br />deferred from the Regular Meeting of November 26, 1991. <br /> <br />~b <br /> <br />~doption <br />%cy <br />~e to the <br /> Freeway, <br /> <br /> Motion of Mr. King and seconded bY Mrs. Lucas, aut~ )rization <br />was granted to transfer $48,585 from the Grants Conting~ icy <br />Account for landscaping and tree plan~ings as requested, and by <br />the following vote: <br /> <br />Ayes: Corprew, Epperson, King, Hawks, Lucas, Webb <br />Nays: Clemons <br /> <br />- CITY MANAGER'S REPORT <br /> <br /> 91-431 - Letter from the City Manager recommending adoption <br />of an ordinance to appropriate $45,00~ from the Capital <br />Improvements Fund and $15,000 from the Public Utility Ca)ital <br />Improvements Fund to provide the resources to issue gene ~al <br />obligation'bonds. <br /> <br /> "Last January the City issued general obligation bo <br />amounts of $35,000,000 in Public Improvement Bon~s and $ <br />in Public Utility Bonds. The proceeds from the sale of I <br />Improvement Bonds have been used to pay for projects~ app <br />by the City Council, and the City is now in a position t~ <br />additional bonds for our ongoing capital projects. <br /> <br />~ds in the <br />.0,000,000 <br />~he Public <br />~opriated <br />issue <br /> <br /> <br />
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