HomeMy WebLinkAbout11 1103 minThe City Council met on November 3, 2011, at the Plainview Convention Center, 2902
West 4 Street, Plainview, Texas. The agenda for this meeting was posted in City Hall
at 11:00 a.m. on October 31, 2011. Mayor John C. Anderson presided.
Councilmembers present were: Charles Starnes - District 1, Cathy Waggoner- District 2,
David Garcia - District 3, V. O. Ortega- District 4, Wendell Dunlap- District 6 and Roland
Nash - District 7. Councilmember Ron Trusler- District 5 was absent.
Staff members present were: Greg Ingham -City Manager, Leslie Pearce -City
Attorney, Sarianne Beversdorf- Director of Finance, Rusty Powers -Fire Chief, Mike
Gilliland- Director of Public Works, William Mull- Police Chief, Daniel Born - Information
Technology Specialist, and Belinda Hinojosa -City Secretary.
News Media Present: Jessica Thornton, Plainview Herald
Mayor Anderson led in the Invocation.
Councilmember Trusler was granted an excused absence.
Sarianne Beversdorf, Finance Director presented the Quarterly Investment Report for
the period from July 1, 2011 through September 30, 2011. The beginning book value in
the Portfolio was $19,033,635 and the ending book value was $19,084,755. Interest
earned for this period was $48,336.
The beginning book value in Demand Deposits was $23,355,907 and the ending book
value was $21,983,541. Interest earned this period was $13,970.
Mayor Anderson asked for public comment. There was no public comment.
Councilmember Nash moved to adopt the Quarterly Investment Report for th' period
from July 1, 2011 through September 30, 2011. The motion was duly seconded by
Councilmember Starnes and carried by unanimous vote.
The Council and staff reviewed the agenda for the City Council meeting of November 8,
2011.
There being no further business, Mayor Anderson adjourned the meeting at 12:26 p.m.
Belinda Hinojos
City Secretary
City Council Minutes
November 3, 2011 Page 1 of 1
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