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The Cit~r Council met on December 6, 2007, at the Plainview Convention Center, 2902
West 4t Street, Plainview, Texas. The agenda for this meeting was posted in City Hall
at 11:15 a.m. on December, 2007. Mayor John C. Anderson presided.
Councilmembers present were: Kelvin Tipton-District 1, Cathy Waggoner-District 2,
Belinda Pena-District 3, Ron Truster-District 5, Wendell Dunlap-District 6 and Roland
Nash-District 7. Councilmember John N. Bertsch-District 4 was absent.
Staff members present were: Greg Ingham-City Manager, Leslie Pearce-City
Attorney, Jack Keller-Budget Manager, Will Mull-Police Chief, Dale Simpson-Civil
Service Director, Arthur Wall-Street Superintendent, Mike Carroll-Criminal Investigations
Captain, John Castro-Director of Community Services and Belinda Hinojosa-City
Secretary.
News Media Representative: Richard Orr-Plainview Dailv Herald
Mayor Anderson delivered the invocation.
Councilmember John N. Bertsch was granted an excused absence.
The Council and staff reviewed the agenda for the City Council meeting of December
11, 2007.
Jack Keller, Budget Manager presented the Quarterly Investment Report for the
period from July 1, 2007 through September 30, 2007. The beginning book value is
$23,477,777 and the ending book value is $22,899,262. Interested earned for this
period is $308,193. At the end of the reporting period, the City's funds were invested in
collateralized demand deposits at 4.75%. He advised that based on recent interest rate
projections, he is looking at possibly investing six or seven million dollars in CD's at
4.15%.
There being no further business, Mayor Anderson adjourned the meeting at 12:56 p.m.
Belinda Hinojosa
City Secretary
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City Council Minutes December 6, 2007 Page 1 of 1