Min 08/04/1992 94
Wichita Falls, Texas
Memorial Auditorium Building
August 4 , 1992
Items 1 & 2
The City Council of the City of Wichita Falls, Texas, met
in regular session on the above date in the Council Room of the
Memorial Auditorium Building at 8: 30 o'clock a.m. , with the
following members present.
Michael Lam - Mayor
David Farabee -
Terrance E. Loughry - Councilors
Angus Thompson ( late arrival) -
Paul Hughes -
J. W. Martin -
Harold Hawkins -
James Berzina - City Manager
Gregory Humbach - City Attorney
Wilma J. Thomas - City Clerk
The invocation was given by Lubin Moise, Gilbert Memorial
CME Church.
Item 3
Cynthia Ramsey, Police Department, was honored as Employee
of the Month for August. Mayor Lam presented her with a plaque,
City of Wichita Falls pin, bus tickets, a check, and a dinner
from the North Texas Restaurant Association.
Councilor Hawkins noted Shrine Activities this week,
stating the Oil Bowl game has been played since 1938 , and this
year they will be honoring the memory of the Honorable John
Tower.
Councilor Martin recognized the Honorable Don Raab, Mayor
of Sanctuary, Texas.
Item 4
Moved by Councilor Hawkins that minutes of the meetings
held July 21 and 31, 1992, be approved.
Motion seconded by Councilor Hughes, and carried
unanimously.
Item 5a-8d
Moved by Councilor Martin that the consent agenda be
approved.
Motion seconded by Councilor Hughes, and carried by the
following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Hughes,
Martin, and Hawkins
Nays: None
Item 5a
RESOLUTION NO. 115-92
RESOLUTION APPROVING REFUND OF OVER-PAYMENT OF
PROPERTY TAXES ON ACCOUNT # 0956-005-0000
95
Item 5b
RESOLUTION NO. 116-92
RESOLUTION APPROVING REFUND OF OVER-PAYMENT OF
PROPERTY TAXES ON ACCOUNT # 4760-001-0000
Item `_ic
RESOLUTION NO. 117-92
RESOLUTION TO APPROVE CONTRACT WITH THE FIRM OF
CORLETT, PROBST AND BOYD, INC. FOR ENGINEERING
SERVICES RELATED TO PHASE 2 OF THE 1991-92 BUDGET
UTILITY IMPROVEMENTS PROJECT
Item Eia
The bid for estimated annual linen service requirement was
awarded to Flake Industrial Service in the amount of $12,224 . 68.
Item Eib
RESOLUTION NO. 118-92
RESOLUTION TO AWARD BID TO VARIOUS VENDORS FOR ANNUAL
SUPPLY OF CHEMICALS FOR WATER TREATMENT
Item 7a
RESOLUTION NO. 119-92
RESOLUTION TO ACCEPT THE CDBG RE-ROOF FIRE STATION ##2
PROJECT AND AUTHORIZE FINAL PAYMENT TO ARMORED ROOFING
COMPANY
Item 7b
RESOLUTION NO. 120-92
RESOLUTION TO APPROVE CHANGE ORDER NO. 1 FOR LAKE
DIVERSION SPILLWAY ADDITION PROJECT
Item 8
Minutes of the meetings of the following boards and
commissions were received.
a. Traffic Safety Commission - May 6 , 1992
b. Landmark Commission - May 21, 1992
C. Planning and Zoning Commission - July 8, 1992
d. Board of Electrical Examiners - July 9, 1992
Item 9
The final public hearing was opened on the Community
Development objectives and proposed use of funds under the
Housing and Community Development Act of 1974, as amended.
Barbara Wesley, 1105 Williams Avenue, (Councilor Thompson
arrived at this time) addressed drainage at Lots 11, 12 , 20, and
21 on the plat presented. She requested funding to alleviate
this problem. Mr. Bonnett stated it is a $31 , 000 project. Mr.
Henderson explained that it would be eligible if we own the
right of way. The City would need access.
Brenda Jarratt, 2117 Avenue J, represented the East Side
Girls Club and Wichita Falls Art Entertainment and Culture. She
also :supported the Booker T. Washington Association. She stated
they need $20,000 to recruit a RUDAT team composed of architects
to tell them what they need to do. She also requested $800 for
playground equipment for the Girls Club.
96
Item 9, cont 'd.
Viola Morton, 1631 Red Fox Road, appeared as Chairman of
Wichita Falls Art Entertainment and Culture, stating they are
concerned with growth in District Two. She requested CDBG funds
for continued beautification of Sheppard Access Road and Airport
Drive, and more trees in the medians, along with attention to
the irrigation ditch on Central Freeway near Days Inn Motel, and
demolition of dangerous buildings.
Andrew Roberts, 1100 Lefall Circle, represented Booker T.
Washington Association' s request for CDBG funds for
beautification of this historical site. He stated that the only
part that is left is the cafetorium. They have restored the
cafetorium, and would like to beautify the front of the area
with a circular driveway. They do not have access for the
handicapped. The property was leased to the Association by the
Wichita Falls Independent School District, who owns the
property.
The public hearing was closed.
RESOLUTION NO. 121-92
RESOLUTION APPROVING THE FINAL STATEMENT OF COMMUNITY
DEVELOPMENT OBJECTIVES AND PROPOSED USE OF FUNDS UNDER
THE HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1974 , AS
AMENDED, AND AUTHORIZING THE CITY MANAGER TO EXECUTE
THE 1992-1993 FISCAL YEAR GRANT AGREEMENT
Moved by Councilor Martin that Resolution No. 121-92 be
passed.
Motion seconded by Councilor Farabee.
Jim Dockery explained that they have excess funds which
were allocated in 1991-92 that will not be used. Another public
hearing would be required to reallocate these funds. Councilor
Thompson requested this be brought as a proposal to the City
Manager by these folks. Councilor Hughes requested the staff to
look this over, especially the East Side Girls Club. Mr.
Dockery explained that only fifteen percent can be allocated to
public service areas.
The motion carried by the following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
Item 10a
ORDINANCE NO. 58-92
ORDINANCE WAIVING APPENDIX A, SUBDIVISIONS SECTION 9
(B) (2) (a) OF THE CODE OF ORDINANCES WITH RESPECT TO
PLACING CURB AND GUTTER ON CITY VIEW DRIVE ADJACENT TO
THE WEST LINE OF LOT 1, BLOCK 1, WATTS ADDITION
Moved by Councilor Hughes that Ordinance No. 58-92 be
passed.
Motion seconded by Councilor Hawkins, and carried by the
following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
97
Item 10b
ORDINANCE NO. 59-92
ORDINANCE WAIVING SECTION 27-29 OF THE CODE OF
ORDINANCES WITH RESPECT TO PLACING A SIDEWALK ALONG
THE WEST LINE OF LOT 1, BLOCK 1, WATTS ADDITION
Moved by Councilor Farabee that Ordinance No. 59-92 be
passed.
Motion seconded by Councilor Hawkins, and carried by the
following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
Item 1.0c
ORDINANCE NO. 60-92
ORDINANCE MAKING AN APPROPRIATION IN THE GENERAL FUND
FOR ADDITIONAL GRANT REVENUE FROM THE TEXAS DEPARTMENT
OF HEALTH
Moved by Councilor Hughes that Ordinance No. 60-92 be
passed.
Motion seconded by Councilor Martin.
Councilor Thompson asked about the nurse shortage, and
salary comparisons with hospitals. It was explained that we are
probably short four or five nurses now. Mr. Berzina explained
they are approaching the matter of those who are not required to
be registered nurses.
The motion carried by the following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
Item 1.0d
ORDINANCE NO. 61-92
AN ORDINANCE CHANGING THE NAME OF SCOOTER DRIVE TO AIR
FORCE DRIVE AND FURLONG STREET TO REYES STREET;
FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS
ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS
REQUIRED BY LAW "
Moved by Councilor Hughes that Ordinance No. 61-92 be
passed.
Motion seconded by Councilor Martin, and carried by the
following vote. w.;.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
Item 1.0e
ORDINANCE NO. 62-92
AN ORDINANCE WAIVING THE THREE HUNDRED FEET SEPARATION
REQUIREMENT FOR A CHURCH, FOR AN ALCOHOLIC BEVERAGE
PERMIT FOR OFF-PREMISE CONSUMPTION, AT 811 NORTH
EASTSIDE DRIVE, WICHITA FALLS, TEXAS
98
Item 10e, cont'd.
Moved by Councilor Hawkins that Ordinance No. 62-92 be
passed.
Motion seconded by Councilor Martin.
Chester Stewart opposed the sale of alcohol near the
Jefferson Street Baptist church.
Mary Ezzell, 1013 Harlan Lane, requested the Council to not
allow the waiver.
Betty Solomon, 601 Ross, requested that the Council not
allow the sale of alcohol across the street from the church.
Paul Winkler appeared, stating he and his wife, Kay,
operate Bluebonnett Grocery on Eastside Drive. They are
requesting this to be competitive in the grocery business. He
stated that he is not open at any time during church activities.
Councilor Hawkins stated that he has checked this out, and
believes that alcoholic beverage will be sold at the store, even
if the owner has to move the front door. He noted the
importance of this store to the neighborhood. It is a place
where someone can go in and charge their groceries on a monthly
basis.
Councilor Martin noted this is for off-premise consumption,
and we do not need legislation to teach our children right from
wrong.
Councilor Thompson stated that in the low income community
they have more places where alcohol can be purchased than in any
other part of town. Perhaps this is one step we can take to try
to turn this around. He stated he must vote against it because
he has seen the effects of alcohol.
Councilor Hughes asked for an explanation of the
measurement requirement. Mr. McKinney stated they have measured
it according to the state law. Mr. Humbach commented that the
question is what is the property line. Property not encumbered
by an easement is the way the City measures it. If he had to
defend one or the other he would be more comfortable defending
the way we measure it. The guidelines are set by the state, and
we are just enforcing it.
The motion carried by the following vote.
Ayes: Mayor Lam, Councilors Farabee, Hughes, Martin,
and Hawkins
Nays: Councilors Loughry and Thompson
Item lla
RESOLUTION 122-92
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WICHITA FALLS AUTHORIZING THE CITY MANAGER TO EXECUTE
AN ENCROACHMENT AGREEMENT WITH D3 COMPANY, WICHITA
FALLS, TEXAS ACROSS A PORTION OF TENTH STREET RIGHT-
OF-WAY ABUTTING LOT 1-A, BLOCK 261 , BOYD & MOORE
SUBDIVISION, WICHITA FALLS, TEXAS IN ACCORDANCE WITH
THE ENCROACHMENT AGREEMENT; FINDING AND DETERMINING
THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED
WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW
Moved by Councilor Hughes that Resolution No. 122-92 be
passed.
Motion seconded by Councilor Thompson, and carried by the
following vote.
99
Item 1.1a, cont'd.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
Item llb
RESOLUTION NO. 123-92
RESOLUTION AUTHORIZING POLICE DEPARTMENT TO MAKE GRANT
APPLICATION TO TEXAS COMMISSION ON ALCOHOL AND DRUG
ABUSE FOR D.A.R.E. PROGRAM
Moved by Councilor Hughes that Resolution No. 123-92 be
passed.
Motion seconded by Councilor Martin.
Chief Harrelson explained that an officer works with the
school district. The grant pays the officer' s salary and a
little bit of the equipment.
The motion carried by the following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
4
Nays: None
Item llc
RESOLUTION NO. 124-92
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WICHITA FALLS DECLARING CERTAIN PARCELS OF REAL
PROPERTY AS EXCESS AND DIRECTING THE LAND TO BE SOLD
BY SEALED BIDS; FINDING AND DETERMINING THAT THE
MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN
TO THE PUBLIC AS REQUIRED BY LAW
Moved by Councilor Martin that Resolution No. 124-92 be
passed.
Motion seconded by Councilor Hughes.
Councilor Hawkins suggested that some of these properties
might help us in negotiating with some of the property owners
who will be displaced by the multiple events center. Mrs.
Chasteen noted they have some properties which they are holding
for this purpose. She stated all of these properties are
vacant, and were all acquired by tax suits. He believed it is
premature to sell these properties. Councilor Hughes noted we
are only authorizing these to be put out for bids, and then the
Council will approve the sale.
The motion carried by the following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, and Martin
Nays: Councilor Hawkins
Item 12a
RESOLUTION NO. 125-92
RESOLUTION AWARDING PURCHASE OF FALL FLOWERS FOR PARKS
AND MEDIANS
Moved by Councilor Hughes that Resolution No. 125-92 be
passed.
Motion seconded by Councilor Hawkins.
100
Item 12a, cont'd.
Some discussion took place on how we could make it more
competitive for our local people. Mr. Murphy stated that our
bids do not include a penalty clause for failure to meet the
contract.
The motion carried by the following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
Item 12b
RESOLUTION NO. 126-92
RESOLUTION ACCEPTING BID OF BOWLES CONSTRUCTION CO.
FOR ADJUSTMENT OF A SANITARY SEWER LINE AT KELL BLVD.
AND LAWRENCE STREET
Moved by Councilor Hawkins that Resolution No. 126-92 be
passed.
Motion seconded by Councilor Hughes, and carried by the
following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
The City Council recessed at 9: 50 a.m. , and reconvened at
10: 05 a.m.
Item 13b
Bobbie Walker, 1520 Trout Street, stated they had a serious
drug problem at their location last year, and they have worked
very hard during this time. She requested that the Council come
to their meetings whenever they can for support. Councilor
Thompson addressed her comments, stating he does not have to be
there every day to be aware of what is going on in the
community. Mayor Lam noted they have been out there every time
they have been invited. He emphasized that if there is an
attitude that they are doing this as a token, they do not want
to come back. If they feel there is a need for encouragement,
they need to let them know. Councilor Thompson noted they could
bring anyone out there and they would not be supported. Mayor
Lam pointed out that when they fail to respond they can get
emotional, but so far they have not done that.
Councilor Hawkins asked if their lease contains a provision
that tenants can be evicted if they are convicted or found in
possession of an illegal drug or other felonious acts? The
apartment manager stated they have a lease with HUD. She
further stated they do not have the problem with their
residents, but from people outside. Councilor Thompson stated
that part of the problem in Kings Square is that friends of
tenants bring drugs over there. It would help if they could
encourage tenants to turn in some of those names.
Virginia Holden, 1302 Holliday, stated they have a drug
problem in their neighborhood. Trees are being cleared in her
area across from the bus station. She has no trespassing signs
on her property, but that does not deter them. Mayor Lam
suggested that the Police Chief take note of this in her area.
Item 13a
Personnel Officer Jan Stricklin presented the latest
affirmative action report for the last three quarters. She
101
Item 1.3a, cont'd.
addressed the most recent total ending June 30, 1992. She noted
they are with the guidelines for minorities. She also discussed
the report on contractors ' minority employees.
Councilor Loughry mentioned cuts in employees last year,
suggesting there are more employees this year than last. It was
pointed out that the temporary summer employees are included in
this :report. Mr. Berzina pointed out that no positions have
been increased which are not in the budget. Councilor Thompson
stated he wished we could have done better, and Mrs. Stricklin
pointed out that we have done better than last year. We were at
28 percent female last year, and we are at 39 percent this year,
so we are moving.
Item 13c
Mayor Lam noted that city employees have been a family for
eight or ten hours a day, and he commended certain city
employees as working very hard in the election held for the
multi--purpose events center, namely, Jim Berzina, Subir
Murkejee, Jan Stricklin, Tom Edmondson, Jim King, Sammy Paschal,
police and fire associations, and Norma Crane.
Councilor Thompson also commended the employees. He stated
he also wants to put something together to see what we can do to
revitalize the North and East sides of the City. He stated that
it is imperative that conditions be improved and bring in jobs
for people. He hopes the next affirmative action report will be
better.
Councilor Hawkins mentioned the first response information,
and Mr. Berzina stated they will have a full discussion of this
project in the budget hearings. He also asked about the
possibility of structures along the river being disposed of in a
way that they do not end up in our landfill. He further noted
that the right of ways going North along I44 are looking shaggy.
Mr. Berzina commented that there is a reduced mowing schedule
statewide. They will look into it.
Councilor Farabee asked how the library automation drive is
going,, and Mr. Dockery stated they have raised about $77 ,000 so
far. If we can raise $15 ,000 by November, a foundation will
give them $15 ,000 .
Councilor Hughes mentioned an audit on the golf course
management company, stating he would like a recommendation and
option brought forward so they can vote on it. Mr. Berzina
explained it is in this year' s budget.
Councilor Martin echoed what had been said about the multi-
purpose events center. He also commended Dorcas Chasteen, Kay
Yeager, and Curtis Smith. He commended Roger McKinney on weed
control, stating they have already gone over the budget in weed
control due to the amount of rain. If owners would keep their
lots mowed it would save the taxpayers and citizens some money.
Councilor Loughry asked about the money they gave the
Heritage Society and the Railroad Museum, stating nothing is
going on out there. Mr. Berzina stated he would check on it.
Councilor Loughry mentioned a 3-year old on a bicycle with
training wheels on the river trail falling into the water.
Discussion was held on shoulders, retaining walls, and rails.
Mr. Berzina stated they would take a look at it to see if
anything can be done. Councilor Hawkins noted an incident on
the river in San Antonio, stating that somewhere along the line
people will have to take some responsibility of their own.
102
Item 13c, cont'd.
Councilor Loughry mentioned weed control, and Mr. McKinney
stated they are understaffed, with an unfilled position right
now. Councilor Loughry also asked that the signals at Ninth and
Beverly, which were knocked out by lightning, be looked at.
Mayor Lam asked where we are on the open air flea markets,
and Mr. McKinney stated that several years ago they looked at
outdoor screening and it was heavily opposed. Other than
screening, he does not know what else they can do. Mayor Lam
suggested an ordinance that would require a roof. Mr. Humbach
noted that perhaps they could have a regulation that goods be
brought in each day.
Item 13d
Mr. Berzina noted the meeting at 8: 30 a.m. tomorrow to
issue the Certificates of Obligation.
Mr. Berzina also commented on the method of calculating the
sewer rate. He addressed the bird problem, stating he is not
encouraged that federal and state people are going to do
anything about it. It falls on the owner to be responsible to
do something about it. He does not recommend the City do
anything about it. He feels the property owner should abate the
nuisance.
Councilor Martin mentioned the new OSHA ruling, and Mr.
Berzina stated if it is strictly interpreted it will be very
costly. Mrs. Stricklin was hopeful that by the time the
guidelines are handed down it will not be so restrictive.
Mr. Berzina stated that when he spoke with City employees
he found there was already a lot of support in the multipurpose
events center. They felt it was a duty and also a pleasure. He
also asked Subir Murkejee to come forward, stating he is leaving
after 17 years to go to Olympia, Washington as Community
Development and Planning Director. He commended Mr. Murkejee
for a very fine job. Mayor Lam also echoed appreciation to him.
Item 13e
The City Council recessed into executive session at 11: 35
a.m. ; according to Article 6252-17, Sections 2(e) and (g) ,
V.A.C.S. The City Council reconvened at 12 : 55 p.m. , with
Councilors Loughry and Thompson absent.
Item 13f
Councilor Hughes recommended that the Council follow the
recommendation of Mrs. Stricklin in combining the Commission on
Disability, Commission on Aging, and Human Relations Commission
into one commission to be called Commission on Human Needs, and
bring back an ordinance to the City Council.
Item 13g
Moved by Councilor Hughes that Kenneth D. Hurley and Claude
E. Lollie be appointed to the Housing Authority Board, for terms
to expire July 1 , 1994. (replacing Rosezella Robinson and Dr. C.
B. Fuller)
Motion seconded by Councilor Martin, and carried
unanimously.
Item 13h
Councilor Hughes requested that additional applications for
the Aviation Advisory Board be submitted, as others are needed.
103
Item 13i
Moved by Councilor Hughes that Marvin Groves 11 be
appointed to the Board of Electrical Examiners for a term to
expire May 31, 1994. (replacing Dan Shine)
Motion seconded by Councilor Hawkins, and carried
unanimously.
Moved by Councilor Hughes that Richard Hicks and William
Weaver be reappointed to the Board of Electrical Examiners for
terms to expire May 31, 1994.
Motion seconded by Councilor Hawkins, and carried
unanimously.
Item 13j
Moved by Councilor Martin that Bill McGregor be appointed
to the Landmark Commission for a term to expire December 31,
1992. (replacing Benny Daniel)
Motion seconded by Councilor Hawkins, and carried
unanimously.
Item 13k
Moved by Councilor Martin that Sandrea Marvel and John D.
Ward be appointed to the MHMR Board of Trustees for terms to
expire August 31, 1994 . (replacing Ruth Ann Allred and Wandlyn
J. Handy)
Motion seconded by Councilor Hawkins, and carried
unanimously.
Item 131
Moved by Councilor Hughes that Major Jewett G. Johnson be
appointed to the MHMR Public Responsibility Committee for a term
to expire August 31, 1994 , and that Jeanne Wakeman and Karen
Jacobson be reappointed for terms to expire August 31, 1994, and
August 31, 1993 , respectively. (Major Johnson replaces Alisa
Larson. )
Motion seconded by Councilor Martin, and carried
unanimously.
Item 13m
:Human Relations Commission appointments were not made.
'The City Council adjourned at 1: 00 p.m.
PASSED AND APPROVED this the day of �,
1992 .
Michael Lam, Mayor
ATTEST:
Wi ma J. Thorfias, CMC/AAE
City Clerk
104
Wichita Falls, Texas
Memorial Auditorium Building
August 5 , 1992
Item 1
The City Council of the City of Wichita Falls, Texas, met
in called session on the above date in the Council Room of the
Memorial Auditorium Building at 8 : 30 o'clock a.m. , with the
following members present.
Michael Lam - Mayor
David Farabee ( late arrival) -
Terrance E. Loughry -
Angus Thompson - Councilors
Paul Hughes -
J. W. Martin -
Harold Hawkins -
James Berzina - City Manager
Gregory Humbach - City Attorney
Wilma J. Thomas - City Clerk
Item 2
Mayor Lam announced that the meeting had been called for
the purpose of reviewing and finalizing action on the
multipurpose events center.
Murphy Davis, Financial Advisor, stated they have a very
successful financing, and we are looking initially at the
financing with both city and county. The City has retained its
Al bond rating with Moody' s, and AA rating with Standard and
Poores.
Because of the much lower interest rate than anticipated
they were able to get a much lower rate than they initially
thought they would be able to get. This enabled them to shorten
the maturity schedule by two years. Mr. Davis presented
information to the Council from the summary. He noted bids from
Bank One, AmeriTrust and NationsBank for the paying agent
registrar. Mr. Davis stated that because they have to wait for
passive approval from the Justice Department, September 16 would
be the sale date where they actually issue the bonds.
Pete Tart, of McCall, Parkhurst, and Horton, stated it is
now appropriate to consider the ordinance authorizing issuance
of the certificates of obligation. This ordinance would
authorize execution by the Mayor and City Clerk of the bond
purchase contract with Southwest Securities, execution of paying
agent registrar, and authorize commitment for the bond insurance
with NationsBank, and submit the transcript of the proceedings
to the attorney general for the delivery date of September 16.
It also provides that the levy of ad valorem tax would be paid,
considering the revenue from the operation of the events center.
Mayor Lam emphasized that he wanted to make sure that the
public knows we have another source from which to pay the money
mentioned concerning ad valorem taxes.
Moved by Councilor Hughes that NationsBank be selected
paying agent registrar.
Motion seconded by Councilor Martin, and carried
unanimously.
ORDINANCE NO. 63-92
ORDINANCE AUTHORIZING THE ISSUANCE OF CITY OF WICHITA
FALLS, TEXAS CERTIFICATES OF OBLIGATION SERIES 1992
$4, 000,000
105
Item !, cont'd.
Moved by Councilor Hughes that Ordinance No. 63-92 be
passed.
Motion seconded by Councilor Thompson, and carried by the
following vote.
Ayes: Mayor Lam, Councilors Farabee, Loughry, Thompson,
Hughes, Martin, and Hawkins
Nays: None
Councilor Hughes commended the leadership of Mayor Lam in
this successful event.
Ken Smith, of Southwest Securities, presented a good faith
check to Fred Werner to be held until September 16. He stated
it is always a pleasure to underwrite an issue that sells as
well as Wichita Falls.
The City Council adjourned
/4ap�t..//9: 05 a.m.
PASSED AND APPROVED THIS Id &I-DAY OF 1992 .
r
J
Michael Lam, Mayor
ATTEST:
r
Wilma J. Th6mas, CMC/AAE
City Clerk