HomeMy WebLinkAbout10 0722 minThe City Council met on July 22, 2010, at the Plainview Convention Center, 2902 West
4 Street, Plainview, Texas. The agenda for this meeting was posted in City Hall at
4:50 p.m. on July 16, 2010. Councilmember Ron Trusler presided. Councilmembers
present were: Charles Starnes - District 1, Cathy Waggoner- District 2, David Garcia -
District 3, and Virginio "V.O." Ortega- District 4. Mayor John C. Anderson,
Councilmembers Wendell Dunlap- District 6 and Roland Nash - District 7 were absent.
Staff members present were: Greg Ingham -City Manager, Leslie Pearce -City
Attorney, Will -Mull- Police Chief, Rusty Powers -Fire Chief, Mike Gilliland- Director of
Public Works, Sarianne Beversdorf- Director of Finance, Tammy Adams - Accounting
Coordinator, Dale Simpson -Civil Service Director and Belinda Hinojosa -City Secretary.
Media Present: Deborah Zacher, Plainview Daily Herald and Tommy Young,
Plainview News Radio
Councilmember Trusler led in the Invocation.
Mayor Anderson, Councilmember Dunlap and Councilmember Nash were granted an
excused absence.
Tammy Adams, Accounting Coordinator presented the Quarterly Investment Report for
the period from April 1, 2010 through June 30, 2010. In Demand Deposits, the
beginning book value is $13,498,875 and the ending book value is $13,834,313. The
interest earned for this period is $8,518. In the portfolio summary (Certificates of
Deposit), the beginning book value is $ 16,855,655 and the ending book value is
$16,750,052. The interest earned for this period is $77,548. She also gave a
breakdown of the Certificates of Deposit.
Councilmember Trusler asked for public comment. There was no public comment.
Councilmember Ortega moved to approve the Quarterly Investment Report. The motion
was duly seconded by Councilmember Waggoner and carried by unanimous vote.
The Council and staff reviewed the agenda for the City Council meeting of July 27,
2010.
There being no further business, Councilmember Trusler adjourned the meeting at
11:49 a.m.
Belinda Hinojosa
City Secretary
City Council Minutes
July 22, 2010 Page 1 of 1
415