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Regular Council Meeting July 24, 2017 Page 8 City Manager John Godwin explained that in May 2017, voters authorized a $9.5 Million bond sale for street improvements, and in July the City Council approved a 3 -year plan to address priority projects. He said Church Street from Hearne to Clarksville was identified as the top priority for full street replacement. Mr. Godwin also said Grantham & Associates, Inc. submitted a proposal for engineering and surveying services associated with the project, with a scheduled completion date for May 2018. A Motion to approve this item was made by Council Member Drake and seconded by Mayor Clifford. Motion carried, 7 ayes — 0 nays. 15. Discuss and act on ORDINANCE NO. 2017 -029: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS AUTHORIZING THE ISSUANCE AND SALE OF CITY OF PARIS, TEXAS GENERAL OBLIGATION BONDS, SERIES 2017; PROVIDING FOR THE PAYMENT OF SAID BONDS; APPROVING THE OFFICIAL STATEMENT; PROVIDING AN EFFECTIVE DATE; AND ENACTING OTHER PROVISIONS RELATING TO THE SUBJECT. Finance Director Gene Anderson said on May 6, Paris citizens voted to issue $10 Million in GO Bonds, with $9.5 million dedicated to rebuild local streets and $500,000 for park improvements. Mr. Anderson introduced the City's financial advisor, Andrew Freeman with Samco Capital Markets, Inc. Mr. Freeman informed City Council that bids were received that morning at the Dallas offices from eight institutions, which was a remarkable turn-out for interest in the City of Paris bonds. Mr. Freeman explained the bond pricing, the bond debt service, and bond summary statistics. A Motion to approve this item was made by Council Member Lancaster and seconded by Council Member Trenado. Motion carried, 7 ayes — 0 nays. 16. Discuss and appoint one member to the Planning and Zoning Commission and one member to the Library Advisory Board. Mayor Clifford opened the floor for nominations to the Planning and Zoning Commission. Mayor Clifford nominated Mustafa Hashmi. There being no other nominations, Mayor Clifford closed the floor for nominations and asked for a vote. Motion carried to appoint Mustafa Hashmi to the Planning and Zoning Commission. Mayor Clifford opened the floor nominations to the Library Advisory Board. Council Member Knox nominated Rebecca Umphrey. There being no other nominations, Mayor Clifford closed the floor for nominations and asked for a vote. Motion carried to appoint Rebecca Umphrey to the Library Advisory Board. 17. Receive update on the drainage plan of work.