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2008-11-17 CITY COUNCIL SPECIAL MEETING MINUTESMINUTES OF A SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON MONDAY, NOVEMBER 17, 2008, AT 6:00 P.M., IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Mayor Reid called the meeting to order at 6:10 p.m. with the following present: Mayor Tom Reid Mayor Pro -Tem Helen Beckman Councilmember Woody Owens Councilmember Steve Saboe Councilmember Kevin Cole City Manager Bill Eisen City Attorney Darrin Coker City Secretary Young Lorfing Absent: Councilmember Felicia Kyle. Others in attendance: Danny Cameron Public Works Director; Jack Colbath Director of Fire Services; J.C. Doyle Police Chief; Roland Garcia Fire Marshal; Claire Bogard Finance Director; Jeff Sundseth EMS Operations Director; Fred Welch Executive Director of Economic Development Corporation; Nghiem Doan Deputy City Attorney; Bob Pearce Purchasing Officer. NEW BUSINESS COUNCIL ACTION — RESOLUTION NO. R2008-146 — A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, AWARDING A BID AND AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO ENTER INTO A LEASE/PURCHASE AGREEMENT FOR THE PURCHASE OF CAPITAL EQUIPMENT. Mr. Bill Eisen, City Manager. Mayor Pro -Tem Beckman made the motion, seconded by Councilmember Saboe, to approve Resolution No. R2008-146. City Manager Bill Eisen stated the current budget includes the purchase of several larger pieces of capital equipment. It was indicated in the Budget that the City would pay for them through a short term financing arrangement. Sun Trust Leasing submitted a bid at 3.680% interest rate for seven years. Staff is recommending Council enter into an agreement based on their interest rate of 3.680% for seven years. Voting "Aye" Councilmembers Owens, Saboe, Beckman, and Cole. Voting "No" None. Page 1 of 2 — 11/17/2008 Motion Passed 4 to 0, with Councilmember Kyle absent. Mayor Reid called a recess at 6:15 p.m. Mayor Reid called the meeting back to order at 8:36 p.m. OTHER BUSINESS: Council adjourned into Executive Session under Texas Government Code at 8:36 p.m. to discuss the following: EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE 1. SECTION 551.087 — CONSULTATION WITH CITY ATTORNEY — REGARDING LEGAL MATTERS ASSOCIATED WITH DRAINAGE ISSUES. Mr. Bill Eisen, City Manager. NEW BUSINESS (CONTINUED): Council returned from Executive Session at 9:20 p.m. COUNCIL ACTION — REGARDING LEGAL MATTERS ASSOCIATED WITH DRAINAGE ISSUES. City Council. No action taken by Council. ADJOURNMENT Meeting was adjourned at 9:20 p.m. Minutes approved as submitted and/or corrected this the 8th day of December, A.D., 2008. Tom Reid Mayor ATTEST: Yluhg LorfA,`Tfh&/ (� -b i Secre Page 2 of 2 — 11/17/2008