HomeMy WebLinkAbout07-23-2015 Council minutesThe City Council met on July 23, 2015 at 11:35 a.m., at the Plainview Convention Center,
2902 W. 4th Street, Plainview, Texas. The agenda for this meeting was posted in City
Hall at 11:00 a.m. on July 20, 2015. Mayor Wendell Dunlap presided. Councilmembers
present were: Charles Starnes -District 1, Larry Williams -District 2, Norma Juarez -District
3, Teressa King -District 4, and Susan Blackerby-District 5. Councilmembers Lionel
Garcia -District 6 and Eric Hastey-District 7 were absent.
Staff members present were: Jeffrey Snyder -City Manager, Andrew Freeman -Assistant
City Manager, Leslie Spear Schmidt -City Attorney, Ken Coughlin -Police Chief, Rusty
Powers -Fire Chief, Sarianne Beversdorf-Director of Finance, Isauro Gutierrez -
Information Technology Specialist, Tim Crosswhite-Interim Director of Public Works and
Belinda Hinojosa-City Secretary.
News Media Present: Homer Marquez -Plainview Herald and Caleb Hatch -Plainview
Radio
Guests present were: Mike Fox, Beverly McCaskill, Ron Trusler, and Danny Glenn
Mayor Wendell Dunlap led in the Invocation.
The Council and staff reviewed the agenda for the City Council meeting of July 28, 2015.
Mike Fox, Executive Director of Economic Development Corporation presented the
Economic Development Corporation Quarterly Report.
Sarianne Beversdorf, Director of Finance presented the Quarterly Investment Report for
the period from April 1, 2015 through June 30, 2015. In demand deposits, checking
accounts - the beginning book value was $4,518,799 and the ending book value was
$4,152,025. Interest earned during this period was $1,551. In the ICS Account the
beginning book value was $17,214,762 and the ending book value was $17,225,493.
Interest earned during this period was $10,732.
In the portfolio which includes CDARS and Texpool, the beginning book balance was
$20,700,204 and the ending book value was $20,713,047. Interest earned during this
period was $12,843.
Mayor Dunlap asked for public comment. There was no public comment.
Councilmember Starnes moved to accept report. The motion was seconded by
Councilmember Blackerby and carried by unanimous vote.
There being no further business, Mayor Dunlap adjourned the meeting at 12:32 p.m.
Belinda Hinojosa
City Secretary
City Council Minutes
July 23, 2015 Page 1 of 1
447