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HomeMy WebLinkAboutMIN 06.03.1986 CC-SThe City Council met in Special Session on the above date at 7:00 PM with Mayor Jim Colbert presiding. The following council members and officials were present. Eb C. Girvin, Joan King, Marvin E. Lackey, William C. Shell, City Secretary Pat Caballero, Acting City Manager/Police Chief Hugh Anderson III and Director of Finance and Administration David Quick. Council Member Bill Connor was absent. The City Council of the City of Georgetown received the following $1,500,000 City of Georgetown, Texas General Obligation Bonds, Series 1986 Bids. Company Name Interest Rate Dean Witter Reynolds Inc. 8.054328 Underwood, Newhaus & Co., Inc., Mgr 8.05838 Shearson Lehman Bros., Inc. 8.062759 First Southwest Company - Managers 8.090067 MBank Capital Markets - Manager 8.243882 APPROVING OFFICIAL STATEMENT & SELLING LIBRARY BONDS - EMERGENCY READING Motion by Girvin and second by King to adopt, on emergency reading, an ordinance authorizing the issuance of $1,500,000 City of Georgetown, Texas General Obligation Bonds Series 1986; naming Dean Witter Reynolds, Inc the initial registered owner thereof; declaring an emergency and setting an effective date. Motion carried by unanimous vote. (volume number 10) Motion by King and second by Shell to adjourn. Motion carried by unanimous vote. Mayor Jim Colbert Pat Caballero, City Secretary 6/3/86 special council meeting page 1 of 2 THE STATE OF TEXAS COUNTY OF WILLIAMSON I , being the current City Secretary of the City of Georgetown do hereby certify that the above meeting of the City Council of the City of Georgetown convened in a meeting open to the public and notice of said meeting, giving the date, place, and subject thereof, having been posted as prescribed by Article 6252-17, Section 3A, VATCS, and that the above minutes are the true and correct minutes of said meeting. Dated this (City Seal) City Secretary day of 19 6/3/86 special council meeting page 2 of 2