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HomeMy WebLinkAbout12 0719 minThe City Council met on July 19, 2012, at the Plainview Convention Center, 2902 West 4 Street, Plainview, Texas. The agenda for this meeting was posted in City Hall at 11:15 a.m. on July 16, 2012. Mayor Wendell Dunlap presided. Councilmembers present were: Charles Starnes - District 1, Cathy Waggoner- District 2, David Garcia - District 3, Shane Martinez- District 5, and Lionel Garcia - District 6. Councilmember V. O. Ortega- District 4 and Eric Hastey- District 7 were absent. Staff members present were: Greg Ingham -City Manager, Rusty Powers -Fire Chief, Jeffrey Snyder- Assistant City Manager, William Mull - Police Chief, Tammy Adams - Accounting Coordinator, Daniel Born - Information Technology Specialist and Belinda Hinojosa -City Secretary. News Media Present: Jessica Thornton, Plainview Herald Guests Present: Vance Scoggins Councilmember Martinez led in the Invocation. The Council granted an excused absence to Councilmember Ortega. Tammy Adams presented the Quarterly Investment Report for the period from April 1, 2012 through June 30, 2012. In the demand deposits, the beginning book value was $22,792,819 and the ending book value was $22,907,916. Interest earned during this period was $21,124. In the Portfolio Summary — Operating Funds, the beginning book value was $20,230,644 and the ending book value was $20,456,373. Interest earned during this period was $18,371. Councilmember Lionel Garcia arrived at 11:45 a.m. Councilmember Starnes moved to approve the Quarterly Investment Report for the period from April 1, 2012 through June 30, 2012. The motion was duly seconded by Councilmember David Garcia and carried by unanimous vote. The Council and staff reviewed the agenda for the City Council meeting of July 24, 2012. There being no further business, Mayor Dunlap adjourned the meeting at 12:04 p.m. Mg.-d Belinda Hinojosa City Secretary City Council Minutes July 19, 2012 Page 1 of 1 121