1966 08 02 CC Minutes, Special4176
MINUTES OF A SPECIAL MEETING OF
Y THE CITY COUNCIL OF THE CITY OF BAYTOM
August 2, 1966
The City Council of the City of Baytown, Texas, met in special session on
Tuesday, August 2, 1966 at 6:30 a.m..at the Holiday Inn,. with the following members
in attendance:
Patrick Ball
Clem M. Massey
Don M. Hullum
A. At. Braswell
Albert Fanestiel
Raymond T. Donnelly
Seaborn Cravey
Fritz Lanham
George Chandler
Absent: Edna Oliver
Councilman
Councilman
Councilman
Councilman.
Councilman
Councilman
Mayor'
City Manager
City Attorney
City Clerk
The City Council discussed, with Air. Masterson, the city's fiscal agent, the
possibility of issuring time warrants, if necessary, to,finance a portion of the
sanitary sewer improvements that are recommended by the Turner, Collie C Braden,
Inc., study. This matter will be placed on the Council agenda for August 11th for
further consideration.
On motion by Mr. Braswell, seconded by Air. Fanestiel, the Council voted
unanimously to request Mr. Masterson to' investigate the possibility of refunding
$740,000.00 of City of Baytown assumed bonds that are held by American General Life
Insurance Company of Galveston. The Council authorized Mr. Masterson to inform
American General that the City of Baytown would be interested in refunding the out-
standing bonds with City.of Baytown bonds bearing interest rate at 4.036 percent and
with a ten year option.. Air. Masterson is to report back to the Council on the results
of this contact.
At this point Mr. Fanestiel, Mayor Cravey and Mr, Hullum left the meeting.
Request Easement General Telephone Company
The City Manager presented, orally, a request of the General Telephone Company
for an easement along the south side of Roseland Park. This would be an extension
of an existing easement from the park caretaker's house to Cedar Bayou stream. In
view of the lack of formal request giving detailed information on the plans for the
telephone company easement, Air. Ball moved to reject the request as presented. Council-
man Donnelly seconded the motion. The vote follows:
Ayes: Councilmen Ball, Donnelly, Massey
Mayor Pro Tem Braswell
Nays: None
Adiournment
There being no further business to come before the Council, the meeting was ad-
journed.
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Edna Oliver, City Clerk
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