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Special Council Meeting 1614 August 22, 2012 Page 2 1t Regular Agenda 5. Convene into Executive Session pursuant to Section 551.071 of the Texas Government Code, Consultation with Attorney, to receive legal advice fr om th/ City Attorney about pending or contemplated litigation and/or on matters in which thety of an attorney to his client under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas, clearly conflict with this chapter, as follows: • Development Corporation Act; • City of Greenville, et al. vs. Syngenta Production; Case No. 3:10 -CV- 00188; • Ranger Abbott, 125 41" S.W. Mayor Hashmi said they would be discussing only the City of Greenville lawsuit and convened City Council into Executive Session at 5:04 p.m. 6. Reconvene into Open Session and possibly take action on those matters discussed in Executive Session. Mayor Hashmi convened City Council into open session at 5:17 p.m. Mayor Hashmi said they heard from the City Attorney about the City of Greenville lawsuit. A Motion to authorize the City Attorney to file a claim in the City of Greenville, Illinois vs. Syngenta lawsuit on behalf of the City of Paris was made by Council Member Grossnickle and seconded by Mayor Hashmi. Motion carried, 6 ayes — 0 nays. 7. Discuss and possibly act on budgeting for dilapidated structures. Mayor Hashmi said over the years different City Councils had discussed how to handle dilapidated structures. He said small amounts of money had been budgeted and dilapidated houses had been taken down, but the City was still full of dilapidated houses and buildings. Mayor Hashmi said he was going to make a Motion and asked that Council support it. He said $22,525,947.07 was in the general fund excluding commitments. Mayor Hashmi said $9,449,219.00 was the estimated general fund balance as of September 30, 2012. Mayor Hashmi said as of September 30, 2012, the estimated balance for the water and sewer fund was $3,767,322.00. He said the finances of the City had been managed well and that the City had an excess of three months reserves. Mayor Hashmi said there were twenty -eight houses awaiting demolition which had gone through the process and an additional seventy houses pending Building and Standards Commission for a total of about ninety -eight homes. He said an average price of demolition of a house was about $4,000.00. A Motion to approve $400,000.00 out of the general fund as a onetime expense to take down all of the dilapidated houses in the City at one time excluding downtown buildings was made by Mayor Hashmi. He said this bold step would affect the entire community and that they would see a clear difference in the City. He said they needed to come up with separate ideals of