CITY OF LAREDO

SPECIAL CITY COUNCIL MEETING

M2005-SC-04

CITY COUNCIL CHAMBERS

1110 HOUSTON STREET

LAREDO, TEXAS 78040

July 20, 2005

12:00 p.m.

I.          CALL TO ORDER

 

            With a quorum present, Mayor Elizabeth G.  Flores called the meeting to order.

II.        PLEDGE OF ALLEGIANCE

 

            Mayor Flores led in the Pledge of Allegiance.

III.       ROLL CALL

 

            In attendance:

 

            Elizabeth G.  Flores,                                                                 Mayor

            Alfredo Agredano,                                                                    Council Member, District I

            Hector Garcia,                                                                          Council Member, District II

            Johnny Rendon,                                                                        Council Member, District V

            Gene Belmares,                                                                        Council Member, District VI

            Jose A.  Valdez, Jr.,                                                                 Mayor Pro Tem, District VII

            Juan Ramirez,                                                                           Council Member, District VIII

            Hilda Negrete,                                                                          Deputy City Secretary

            Larry Dovalina,                                                                         City Manager

            Cynthia Collazo,                                                                       Deputy City Manager

            Jaime Flores,                                                                            City Attorney

 

            Motion to excuse Cm.  Galo and Cm.  Amaya.

 

Moved:  Cm.  Agredano
Second:  Cm.  Ramirez

For:     6                                               Against:  0                                            Abstain:  0

IV.       FINAL READINGS OF ORDINANCE

 

Motion to waive the final readings of Ordinance #2005-O-169, # 2005-O-170, # 2005-O-171, and # 2005-O-172.

 

            Moved:  Cm.  Agredano

            Second:  Mayor Pro Tem Valdez

            For:     6                                               Against:  0                                            Abstain:  0 

 

1.  2005-O-169  Authorizing the issuance of City of Laredo, Texas International Toll Bridge

Revenue Improvement and Refunding Bonds, Series 2005A in the Principal Amount of $25,700,000.00 for the purpose of purchasing and installing of second phase of toll bridge collection system, removal of sidewalks, and the adding of a lane for Bridge No. 2, design and construction improvements at Building E, together with additional sidewalks for Bridge No. 1, construction and improvements for erosion control and bridge supports for Bridge No. 3, construction of ramp from Bridge No. 2 to Bridge No. 1 and other improvements in connection with the International Toll Bridge System and the refunding of State Infrastructure  Bank Loans with Texas Department of Transportation, approving an official statement, authorizing the execution of a purchase contract, and the execution of an escrow agreement and authorizing amendment to the City’s Budget to appropriate such proceeds for purposes authorized herein, and authorizing and ordaining other matters related to the subject.

 

Motion to adopt Ordinance # 2005-O-169 amending the principal amount from $25,700,000.00 to $25,585,262.71.

 

Moved:  Cm.  Belmares

Second:  Mayor Pro Tem Valdez

For:     6                                Against:  0                                Abstain:  0

                 2005-O-170  Authorizing the issuance of City of Laredo, Texas General Obligation

   Refunding Bonds, Series 2005 in the principal amount of $21,500,000.00;

   approving an Official Statement; authorizing the execution of a purchase

   agreement and an escrow agreement;  making provisions for the security

   thereof; and authorizing amendment to the City’s Budget to appropriate

   such proceeds for the purposes authorized herein, establishing procedures

   for selling and delivering the bonds; and ordaining other matters relating to

   the subject.

 

Motion to adopt Ordinance # 2005-O-170 amending the principal amount from $21,500,000.00 to $26,595,605.01.

 

Moved:  Cm.  Belmares

Second:  Mayor Pro Tem Valdez

For:     6                                Against:  0                                Abstain:  0

                 2005-O-171  Authorizing the issuance of City of Laredo, Texas Combination Tax and

   Revenue Certificates of Obligation, Series 2005 in the Principal amount of

   $17,000,000.00 for the purpose of paying all or a portion of the City’s

   Contractual Obligations for the purpose of purchasing trucks, vehicles and

   equipment for the Fire Department and purchasing trucks and vehicles for

   the Planning, Building and Public Works Departments, acquiring and

   constructing a City Communication System and Improvements to City

   Health Clinic and the acquisition of land and equipment, together with

   improvements for Municipal Parks and the acquisition of land and 

   preliminary design for drainage purposes, and for the payment of legal,

   fiscal, and engineering fees in connection with such projects; and

   approving an Official Statement authorizing the execution of a purchase

   contract and authorizing amendment to the City’s Budget to appropriate

   such proceeds for purposes authorized herein and ordaining other matters

   relating to the subject.

 

Motion to adopt Ordinance # 2005-O-171 amending the principal amount of $17,000,000 to 15,995,175.25.

 

Moved:  Cm.  Belmares

Second:  Mayor Pro Tem Valdez

   For:     6                                Against:  0                                Abstain:  0

                 2005-O-172  Authorizing the issuance of City of Laredo, Texas Waterworks and Sewer

   System Revenue Bonds, Series 2005, in the principal amount of

   $7,400,000.00 for the purpose of improving and extending the City’s

   Combined Waterworks System and Sewer System, approving an Official

   Statement, authorizing the execution of a purchase contract, and making

   provisions for the security thereof; and authorizing amendment to the

   City’s budget to appropriate such proceeds for purposes authorized herein,

   and ordaining other matters relating to the subject.

 

Motion to adopt Ordinance # 2005-O-172 amending the principal amount from $7,400,000.00 to 6,430,845.66.

 

Moved:  Cm.  Belmares

Second:  Mayor Pro Tem Valdez

For:     6                                Against:  0                                Abstain:  0

 

                 2005-O-173  Authorizing the issuance of the City of Laredo, Texas International Toll

   Bridge Revenue Refunding Bonds, Series 2005B in the principal amount   

   of $26,700,000.00 for the purpose of refunding International Toll Bridge

   System Revenue Bonds, approving an official statement, authorizing the

   execution of a purchase contract and the execution of an escrow

   agreement, and making provisions for the security thereof, and authorizing

   amendment to the City’s budget to appropriate such proceeds for purposes

   authorized herein; and ordaining other matters related to the subject. 

 

Motion to postpone.

 

Moved:  Cm.  Belmares

Second:  Cm.  Garcia

For:     6                                Against:  0                                Abstain:  0

V.        EXECUTIVE SESSION

 

The City Council hereby reserves the right to go into executive session at any time during this public meeting, if such is requested by the City Attorney or other legal counsel for the City, pursuant to his or her duty under Section 551.071(2) of the Government Code, to consult privately with his or her client on an item on the agenda, or on a matter arising out of such item.

 

 

 

VI.       ADJOURNMENT

 

            Motion to adjourn.                                                                                Time:  12:22 p.m.

           

            Moved:  Mayor Pro Tem Valdez

            Second:  Cm.  Belmares

            For:     6                                               Against:  0                                            Abstain:  0

 

I, Gustavo Guevara, Jr., City Secretary, do hereby certify that the above and foregoing is a true and correct copy of the minutes contained in pages 01 to 04 and they are true, complete, and correct proceedings of the City Council meeting held on July 20, 2005.

 

 

                                                                        _____________________________________

                                                                        Gustavo Guevara, Jr.

                              City Secretary