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275 <br /> <br /> President Fendley said the next agenda item was approving the City of Paris' <br /> request for matching funds necessary for the Texas Department of Transportation <br /> airport improvement project at Cox Field Airport. <br /> <br /> Boardmember Barney Bray stated that he would like to table this item until we know <br /> exactly what our commitments are and our availability of our funds before we pledge <br /> funds to a project. <br /> <br /> President Fendley stated he would like Finance Director Gene Anderson to give us <br /> a review of the reserve fund, what it is exactly, and what the fund balance. <br /> Boardmember Michael Rhodes seconded the motion. President Fendley said the <br /> motion was to table this item until we get additional information from Mr. Anderson <br /> concerning our fund balances and a projection on our obligations for 1997/1998, <br /> The motion carried unanimously. <br /> <br /> President Fendley stated the next agenda item is 7-B. Boardmember Barney Bray <br /> made a motion, seconded by Boardmember Rhodes to table the item, which carried <br /> unanimously. <br /> <br /> President Fendley said that if possible this financial information could be provided <br /> at the next regularly scheduled meeting if it is available. President Fendley stated <br /> that these two items should be placed on December's Agenda. <br /> <br /> President Fendley said Item 7-C is approving the City of Paris' request for payment <br /> of the membership fee to join the Coalition for Community and Economic <br /> Development (CCED). City Manager Malone stated that the City had received a letter <br /> concerning this item. President Fendley called for discussion. Boardmember Bray <br /> suggested that perhaps this support could come from the private sector. Mr. Vest <br /> said that he had gotten funds for a special study to be done by Texas A & M and that <br /> study is proceeding at this time. Mr. Vest said he had initially discussed this survey <br /> with Mr. Scoff Joslove of the Attorney General's office and he had advised him if they <br /> used this study for lobbying purposes, then they would be in violation of the law. <br /> Boardmember Amis suggested that we attempt to obtain the funds through the <br /> private sector. City Manager Malone suggested that Mr. Vest should handle this <br /> request of obtaining funds through the private sector. Boardmember Rhodes made <br /> a motion, which was seconded by Boardmember Leon Williams, to table the item <br /> until more information is available upon this request. President Fendley called for <br /> further discussion and there was none. The motion carried unanimously. <br /> <br /> After discussion, President Fendley stated that Mr. Vest was going to check with the <br /> Attorney General's Office and get a ruling on the item and bring it back to the Board. <br /> President Fendley asked if there was any other business. He asked the <br /> Boardmembers to note their calendars that the next regularly scheduled meeting for <br /> the month of December would be held on December 11, 1996, at 4:00 o'clock, p.m. <br /> <br /> He declared the meeting adjourned. <br /> <br /> President Curtis Fendley <br /> <br /> Assistant City Clerk Barbara Denny <br /> <br /> <br />