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<br />Minutes of Regular Meeting and Workshop Meeting of La Porte City Council on April 12, 2010 <br /> <br />3 <br /> <br />TEXAS, AUTHORIZING THE EXECUTION AND DELIVERY OF A DEED TO THE <br />ADJOINING LANDOWNERS, FINDING COMPLIANCE WITH THE OPEN MEETINGS <br />LAW, AND PROVIDING AN EFFECTIVE DATE HEREOF. <br /> <br />Council had questions on consent items H and I. <br /> <br />Motion was made bv Councilmember Moser to approve the consent aaenda as presented. <br />Second by Councilmember Zemanek. Motion carried. <br /> <br />Ayes: Engelken, Rigby, Moser, Leonard, Clausen, Mayor Pro Tern Black, Zemanek, <br />Mosteit and Mayor Beasley <br />Nays: None <br />Abstain: None <br />Absent: None <br /> <br />6. Petitions, Remonstrance's, Communications, Citizens and Tax Payers wishing to address <br />Council on any item posted on the agenda (Limited to five minutes) <br /> <br />Kathryn Aguilar - 3119 Fondren - Ms. Aguilar reported property values in some parts of <br />the South end of town have fallen by 50% over the past year. She noted people need <br />assistance on a community wide basis. <br /> <br />7. Council to consider approval or other action regarding an ordinance authorizing the <br />issuance of Certificates of Obligation Series 2010 and. General Obligation Refunding <br />Bonds, Series and resolution authorizing La Porte Area Water Authority Contract Revenue <br />Refunding Bonds Series 2010 (Ord. 3231, 3232, 3233) and (Res. 2010-05) - M. Dolby <br /> <br />Margo White with Andrews Kurth and Ryan O'Hara with RBC Dain Rauscher presented <br />summary and recommendation and answered Council's questions. <br /> <br />Assistant City Attorney Clark Askins read ordinance 3231, AN ORDINANCE <br />AUTHORIZING THE ISSUANCE OF CITY OF LA PORTE, TEXAS CERTIFICATES OF <br />OBLIGATION, SERIES 2010; AND CONTAINING OTHER MATTERS INCIDENT <br />THERETO <br /> <br />Assistant City Attorney Clark Askins read ordinance 3232, AN ORDINANCE <br />AUTHORIZING AND ORDERING THE ISSUANCE OF CITY OF LA PORTE, TEXAS, <br />GENERAL OBLIGATION REFUNDING BONDS, SERIES 2010; AUTHORIZING CALL <br />FOR REDEMPTION AND DEFEASANCE OF CERTAIN BONDS AND THE USE OF <br />CERTAIN FUNDS RELATED TO THE BONDS TO BE REFUNDED; AND MAKING <br />OTHER PROVISIONS REGARDING SUCH BONDS, INCLUDING USE OF THE <br />PROCEEDS THEREOF, AND MATTERS INCIDENT THERETO. <br /> <br />Assistant City Attorney Clark Askins read ordinance 3233 AN ORDINANCE CONSENTING <br />TO A PROPOSED BOND RESOLUTION AND CONTINUING DISCLOSURE <br />AGREEMENT TO BE ADOPTED BY THE LA PORTE AREA WATER AUTHORITY <br />