2007-01-26 MINS-Charter - Laserfiche WebLink

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Charter Study Committee January 26, 2007 Page 5 dealing with emergencies. Chairperson Cecil said he thought they should revisit the issue, because of the items that came up at a recent council meeting regarding emergencies. David Nabors expressed concern about possible abuse should they leave the emergency language in the section. Bobby Walters said it still had to be approved by Council. David Hamilton stated the provision had safeguards in place. It was a consensus of the Committee to remove the language regarding emergencies, as previously amended. Chairperson Cecil directed the Committee to Section 70 for consideration. Section 70 (Transfers of appropriations). Ernie Clark told the Committee that most contingencies did not have a ninety day provision at the end of the budget year. Monte Akers said if had he realized there was a ninety day provision, he would have recommended deleting it. Charles Waldrum made a motion to delete the ninety day provision and David Hamilton seconded the motion. Motion carried, 9 ayes - 0 nays. Section 62 (Bond ordinance and election). Charles Richards suggested deleting the words "property taxpaying," because it implies only people owning property could vote. David Nabors made a motion to delete the words "property taxpaying" and David Hamilton seconded the motion. Motion carried, 9 ayes - 0 nays. Section 64 (Advertising and sale of bonds). Charles Waldrum proposed language that would allow the City to sell bonds in an advantageous manner, as well as free the City from having to purchase the notice in the newspaper. David Nabors made a motion to accept the language proposed by Charles Waldrum and Marva Joe seconded the motion. Motion carried, 9 ayes - 0 nays. Section 65 (Creation of sinking fund and investments). Monte Akers informed the Committee that he had spoken with Gene Anderson. He stated the section was antiquated. He referred the Committee to the language proposed by Charles Waldrum and suggested that the wording "bonds of the State of Texas, or in securities of the United States, or such funds may be used for the purchase of the bonds or warrants fo the City of Paris which are not yet due" be deleted and the wording "in accordance with the City's investment policy and the Public Funds Investment Act" added in its place. Subject to the changes suggested by Monte Akers, Louise Hagood made a motion to accept the language proposed by Charles Waldrum and Robert High seconded the motion. Motion carried, 9 ayes - 0 nays. Section 96 (Council Ballots). Charles Richards proposed language for amending