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01/2010
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01/2010
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CITY CLERK
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Regular Council Meeting <br />1064 January 25, 2010 <br />Page 3 <br />FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING <br />AN EFFECTIVE DATE. <br />12. Deliberate and act on RESOLUTION NO. 2010 -011: A RESOLUTION OF THE CITY <br />COUNCIL OF THE CITY OF PARIS, TEXAS, AUTHORIZING THE EXECUTION <br />OF AN INTERLOCAL AGREEMENT WITH TEXAS MUNICIPAL LEAGUE <br />INTERGOVERNMENTAL EMPLOYEE BENEFITS POOL (TML -IEBP) FOR TERM <br />LIFE INSURANCE, MEDICAL, VISION, DENTAL, LIFE, AND DISABILITY <br />COVERAGE FOR ITS ACTIVE AND RETIRED EMPLOYEES; MAKING OTHER <br />FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING <br />AN EFFECTIVE DATE. <br />13. Deliberate and act on RESOLUTION NO. 2010 -012: A RESOLUTION OF THE CITY <br />COUNCIL OF THE CITY OF PARIS, TEXAS, APPROVING AND AUTHORIZING <br />THE IMPLEMENTATION OF A CITY OF PARIS EMERGENCY MANAGEMENT <br />PLAN; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE <br />SUBJECT; AND DECLARING AN EFFECTIVE DATE. <br />14. First reading, deliberate and possibly act on ORDINANCE NO. 2010 -004: AN <br />ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />AMENDING SECTION 2 -46, HEALTH BENEFITS COVERAGE TO CITY <br />RETIREES, OR ARTICLE II, DIVISION 2, RETIREMENT, OF THE CODE OF <br />ORDINANCES OF THE CITY OF PARIS; TO UPDATE THE HEALTH BENEFITS <br />COVERAGE OFFERED TO CITY RETIREES; PROVIDING A REPEALER CLAUSE, <br />A SEVERABILITY CLAUSE, A SAVINGS CLAUSE, AN OPEN MEETINGS <br />CLAUSE; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE <br />SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br />Regular Agenda <br />15. First reading, deliberate and possibly act on ORDINANCE NO. 2010 -005: AN <br />ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF CITY OF PARIS, <br />TEXAS GENERAL OBLIGATION REFUNDING BONDS, SERIES 2010; LEVYING <br />AN ANNUAL AD VALOREM TAX FOR THE PAYMENT OF SAID BONDS; <br />APPROVING AN OFFICIAL STATEMENT; CALLING CERTAIN OUTSTANDING <br />OBLIGATIONS FOR REDEMPTION PRIOR TO MATURITY; AND ENACTING <br />OTHER PROVISIONS RELATING TO THE SUBJECT. <br />Dan Allmon with Southwest Securities gave a summary of the financing to buy refunding <br />bonds. (See Exhibit "A" attached) <br />A Motion to invoke the super majority rule was made by Council Member Biard and <br />seconded by Council Member Kear. Motion carried, 6 ayes — 0 nays. <br />
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