1966-08-02 CITY COUNCIL SPECIAL MEETING MINUTES83
MINUTES OF A SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY
OF PEARLAND, TEXAS, HELD ON TUESDAY AUGUST 2, 1966, AT 7:30 P. M.
A special meeting of the City Council was called to order by Mayor
Hawkins in the City Hall with the following present:
r.—. Mayor
Lloyd
C. Hawkins
Councilman
Aubrey Ellis
Councilman
E. A.
Wasek
Councilman
Basil
L. Cogbill
Councilman
J. D.
Calvin
City Secretary
W. A.
McClellan
City Electrical
Inspector
Clyde
Lohr, Sr.
Absent: Councilman-
Victor
A. Nolen
Visitors: J. E. Coppinger, D. H. Stripling, D. W. Corbett, Steve
Veselka and L. E. Dittmann.
Mayor Hawkins stated that the purpose of the meeting was to discuss
some problems of the Electrical Board and determine how to invest the
$500,000.00 bond fund until same is needed to pay construction costs.
Following due discussion a motion was made by Councilman Calvin,
seconded by Councilman Wasek that the Electrical Board be instructed
to make a study of the Electrical .Ordinance and then present written
recommendations to the City Council for proper action. Secretary to
assist in securing data from several agencies. WHEREUPON, the question
was asked and the motion carried, all Councilmen present voted "aye"
with no "noes."
A motion was made by Councilman Wasek, seconded by Councilman Calvin
that the Secretary call the following banks and request their interest
rates for investing $400,000.00 bond funds for six months and for
$100,000.00 bond funds for three months.
The Alvin State Bank - Alvin, Texas
The First National Bank - Alvin, Texas
Houston Bank and Trust Company - Houston, Texas
Harrisburg National Bank - Houston, Texas
Pearland State Bank - Pearland, Texas
WHEREUPON, the question was asked and the motion carried, all Council-
men present voted "aye" with no "noes."
Mayor Hawkins called for a special meeting Wednesday Night August 3,
1966.
A motion was made by Councilman Ellis, seconded by Councilman Cogbill
that the meeting adjourn. WHEREUPON, the question was asked and the
motion carried, all Councilmen present voted "aye" with no "noes."
Meeting adjourned at 9:30 P. M.
Minutes approved as read and/or corrected this the -f=— day of
/Z _,&, -.;; -i -.,, '�;V , A. D. 1966.
Attest:
City Secretary
r
Mayor