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HomeMy WebLinkAbout1976-11-02 - Special City CouncilSPECIAL SESSION - MONDAY NOVEMBER 1, 1976 - 12 NOON RAMADA INN STEPHENVILLE, TEXAS The City Council met in Special Session Monday- November 1, 1976 at 12 noon in the Gameroom at the Ramada Inn, Stephenville, Texas, with Mayor Donald R. Jones present and presiding. Councilmembers Jim Chambers, Calvin McGee, Raymond Anderson, and Betty Heath were present. Councilmen W.M.Irwin, Charles Riggins, Ermer Ferguson and Larry Hammett were absent. Others attending the meeting were City Administrator Marshall Shelton, Director of Public Works R.Y.Gann, City Secretary Joyce Pemberton and Conrad Callicoatte. ,Mayor Jones called the meeting to order and explained the purpose of this meet- ing was to discuss the COST ESTIMATES'OF PROPOSED WATER SYSTEM IMPROVMENTS AS PROVIDED BY HUNTER ASSOCIATES, INC., CONSULTING ENGINEERS, DALLAS, TEXAS. "Mr. Conrad Callicoatte representing Hunter Associates came before the Council and presented a breakdown of the cost estimates for the three projects, (1) Well Collector Line, $367,690, (2) Ground Storage Reservoir and Pumping Equipment,$340,000 and (3) Transmission Line and Distribution System, $425,000, plus some other expenses with.a total net project cost of $1,169,500. Mr. Callicoatte explained the plans were ready now and if the water was to be available for consumption next summer these contracts should be let in the very near future. After considerable discussion, it was the consensus of Mr. Callicoatte, the Mayor and Council to let the contract for the Ground Storage Reservoir and Pumping Equip - menC to an outside contractor and to check the possibility of the City laying the pipe ',for the Well Collector Line and the Transmission Line and the Distribution Sys- tem., The City to negotiate for outside help, if needed, on an hourly basis, as they did when installing the north sewer trunk line. The Council discussed ways of financing these projects (1) cashing in some CDs, (2) borrowing money from the banks and (3) the Water Development Board. Mr. Shelton reported the City has $930,000 in CDs at this time. After much discussion, Councilman Anderson moved to authorize the letting of bids for the Ground Storage Reservoir and Pumping Equipment. Councilman Chambers made the second. Motion carried unanimously. Mayor Jones appointed Councilmen Chambers, Riggins and Irwin as a Finance Com- mittee to work on the best method of financing said projects. When the figures are available, the Committee to meet and discuss, then the Council will have a Special Session to determine the method of financing to be used. There being no further business, Mayor Jones adjourned the meeting at 1:30 p.m. Ma or ecretary Lim