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The City Council met on October 18, 2012, 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 15, 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 Eric Hastey- District 7. Councilmembers V. O.
Ortega- District 4 and Lionel Garcia - District 6 were absent.
Staff members present were: Greg Ingham -City Manager, Leslie Pearce -City
Attorney, Sarianne Beversdorf- Director of Finance, Jeffrey Snyder- Assistant City
Manager, William Mull - Police Chief, Mike Gilliland- Director of Public Works, Rusty
Powers -Fire Chief, Daniel Born - Information Technology Specialist and Belinda
Hinojosa -City Secretary.
News Media Present: Jessica Thornton, Plainview Herald
Councilmember Cathy Waggoner led in the Invocation.
Councilmember V. O. Ortega was granted an excused absence.
Sarianne Beversdorf, Director of Finance presented the Quarterly Investment Report for
the period from July 1, 2012 through September 30, 2012. The beginning book value in
demand deposits is $22,907,916 and the ending book value is $21,998,032. Interest
earned this period is $12,350.
The beginning book value in the portfolio was $20,456,373 and the ending book value
was $20,554,972. Interest earned during this period was $25,988.
Mayor Dunlap asked for public comment. There was no public comment.
Councilmember Waggoner moved to approve the Quarterly Investment Report for the
period from July 1, 2012 through September 30, 2012. 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 October 23
2012.
There being no further business, Mayor Dunlap adjourned the meeting at 11:55 a.m.
Belinda Hinojosa
City Secretary
City Council Minutes
October 18, 2012 Page 1 of 1