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Regular City Council Meeting April 14, 2008 Page 9 6 ayes - 0 nays. Gene Anderson reported that between the years 2001 and 2004 the City had a $4.5 million deficit. Mr. Anderson also reported that between the years 2005 and 2007, the City had a surplus of $8.4 million dollars. Mr. Anderson stated in previous years the City had been supporting the water and sewer fund by using the general fund, because the City had not taken adequate action to keep its revenues at the level they should have been. He went on to say that three water and sewer bond issues would be paid off by December 2011, and at that time there would be approximately $2.2 million dollar savings. 30. AN ORDINANCE OF THE CITY OF PARIS, TEXAS, AMENDING ARTICLE VII, CHAPTER 7, HISTORIC PRESERVATION, OF THE CODE OF ORDINANCES OF THE CITY OF PARS, TEXAS BY ADDING A NEW SECTION 7-160.1, REDUCED FEES FOR HISTORIC LANDMARK AND HISTORIC DISTRICT PROPERTY PROVIDING FOR A FIFTY PERCENT (50%) REDUCTION IN ALL REQUIRED BUILDING, ELECTRICAL, PLUMBING, GAS, SIGN AND ZONING FEES AND AT-COST WATER AND SEWER TAPS; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; PROVIDING A REPEALER CLAUSE AND SEVERABILITY CLAUSE; AND DECLARING AN EFFECTIVE DATE. Lisa Wright told Council the purpose of this ordinance was to encourage restoration and rehabilitation within the historic districts. Ms. Wright stated there was not very much work taking place in the historic districts, because the type of work for historic preservation was generally more expensive. Council Member Strathern said it was not fair and equitable for a certain part of the City to be offered incentives, when other parts of the City might be in more dire need of incentives. Council Member Strathern questioned if he owned property in the historic district, would he recuse himself. Council Member Biard said if Council Member Strathern was going to suggest that, that he needed to recuse himself. A Motion to recuse Council Member Biard from the meeting was made by Council Member Wilson and seconded by Council Member Brown. Motion carried, 5 ayes - 0 nays. Council Member Biard left the room. A Motion to approve this item was made by Council Member Wilson. Motion failed for lack of a second. A Motion to return Council Member Biard to the meeting was made by Council Member Strathern and seconded by Council Member Brown. Motion carried, 5 ayes - 0 nays. Council Member Biard returned to the room. 31. RESOLUTION N0.2008-031: A RESOLUTION OF THE CITY COUNCIL OF THE CITY 001€~~