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HomeMy WebLinkAbout1977-08-15 Regular Meeting' ~ 1 S ~y • MINUTES - REGULAR MEETING OF THE LA PORTE CITY COMMISSION, LA PORTE, TEXAS AUGUST 15, 1977 7:00 P.M. MEMBERS OF THE COMMISSION PRESENT: J. J. Meza, Mayor; Commissioners John Tomerlin, I. J. Kibodeaux, Virginia Cline, and Tom Simons. MEMBERS OF THE COMMISSION ABSENT: None. OTHER CITY OFFICIALS PRESENT: Larry L. Broussard, City Administrator; Margie Goyen, City Clerk; Knox Askins, City Attorney. • OTHER CITY OFFICIALS ABSENT: H. F. Freeman, Chief of Police; Joe Sease, Fire Chief; Stanley Sherwood, Parks & Recreation `Director; D. R. McLaughlin, Fire Marshal. OTHERS PRESENT: A. J. Busch, Jr., of Busch, Hutchison & Associates, Consulting Engineers. PRESIDING: Mayor Meza. + + + 1. CALL TO C)RDER - Mayer Meza called the meeting to order. + + + • 2. INVOCATION - The invocation was given by Mayor Meza. + + + • • Regular Meeting 8/15/77 2 3. APPROVAL OF MINUTES - REGULAR MEETING - AUGUST 15, 1977 - Motion by Commissioner Cline, seconded by Commissioner Simons to approve the minutes of the regular meeting of August 15, 1977, as presented. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + 4. APPROVAL OF ACCOUNTS PAYABLE - Motion by Commissioner Kibodeaux, seconded by Commissioner Tomerlin to approve the accounts payable as presented. A copy is attached and made a part of these minutes. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. • + + + 5. VISITORS WISHING TO ADDRESS THE COMMISSION - MRS. RAE BALES - 620 Juniper - was recognized and addressed the Commission on Cystic Fibrosis Disease, requesting the month of September be proclaimed "KISS YOUR BABY". + + + 6. CONSIDER AWARDING BID FOR TEN PAGERS - FIRE DEPARTMENT - Motion by Commissioner Simons, seconded by Commissioner Cline to accept the recommendation of the Fire Chief and award the bid for ten pagers to the low bidder, P~Iotorola, in the amount of $2,160.00. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + • • • • Regular Meeting 8/15/77 3 7. CONSIDER APPROVING FINAL PLAT OF FAIRMONT PARK, SECTION 4 - After a brief discussion, motion by Commissioner Cline, seconded by Commissioner Tomerlin that approval be postponed and sent back to the Planning & Zoning Commission for further review and recommendation regarding a park site. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + 8. CONSIDER APPROVING REPEAT OF GARDEN WALK TOWNHOMES, SECTION 1, BLOCK 7 - Mr. Fred Beck of H. Carlos Smith Engineering was present and stated that one building had been built in conflict, consequently causing the replat to be necessary. Motion to app Motion • AYES: NAYS: by Commissioner Cline, seconded by Commissioner Simons rove the replat of Garden Walk Townhomes, Section 1. carried by the following vote: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. None. + + + 9. RATIFY AUTHORIZING FOUR STREET LIGHTS ONE - CRESCENT AT REYNOLDS, AND ONE - by Commissioner Tomerlin, seconded by ratify authorizing four street lights one - Crescent at Reynolds, and one - carried by the following vote: - TWO FIRST Commi - two First - CRESCENT VIEW, AT POLK - Motion ssioner Cline to - Crescent View, at Polk. Motion AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + • • • Regular Meeting 8/15/77 4 10. CONSIDER APPROVING PAYMENT TO BUSCH, HUTCHISON IN THE AMOUNT OF $504.00 - CHEMLIME SANITARY SEWER - 16TH STREET - RESIDENT REPRESENTATIVE - After a brief discussion regarding the problems regarding the Chemlime Sanitary Sewer project, motion by Commissioner Kibodeaux, seconded by Commissioner Simons to approve payment to Busch, Hutchison in the amount of $504.00 for Resident Representa- tive on the Chemlime Sanitary Sewer Project. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + 11. CONSIDER APPROVING PAYMENT TO DOUGHTIE & PORTERFIELD, IN THE AMOUNT OF 11,830.00 - DESIGN DEVELOPMENT PHASE - NEW CITY HALL - Motion by Commissioner Cline, seconded by Commissioner Tomerlin to approve payment to Doughtie & Porterfield in the amount of $11,830.00 for the Desigh Development Phase of the new City Hall. A copy of the statement is attached and made a part of these • minutes. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + 12. CONSIDER APPROVING PROPOSED ORDINANCE NO. 1088 - AMENDING CHAPTER 23 "TAXATION" OF THE CODE OF ORDINANCES OF THE CITY VALUE OF RESIDENCE HOMESTEADS OF PERSONS SIXTY-FIVE (65) YEARS OF AGE OR OLDER FROM ALL AD VALOREM TAXES LEVIED BY THE CITY OF LA PORTE FROM AND AFTER JANUARY 1, 1977; AND PROVIDING AN EFFECTIVE DATE HEREOF - After the proposed ordinance was read in full, motion by Commissioner Simons, seconded by Commissioner Cline to approve Ordinance No. 1088 as read. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. • • • • Regular Meeting 8/15/77 5 12. CONSIDER APPROVING PROPOSED ORDINANCE NO. 1088 (CONT'D.) CAPTION: AN ORDINANCE AMENDING CHAPTER 23, "TAXATION", OF THE CODE OF ORDINANCES OF THE CITY OF LA PORTE, BY EXEMPTING TWELVE THOUSAND, FIVE HUNDRED DOLLARS ($12,500.00) OF THE ASSESSED VALUE OF RESIDENCE HOMESTEADS OF PERSONS SIXTY-FIVE (65) YEARS OF AGE OR OLDER FROM ALL AD VALOREM TAXES LEVIED BY THE CITY OF LA PORTE FROM AND AFTER JANUARY 1, 1977; AND PROVIDING FOR AN EFFECTIVE DATE HEREOF. + + + 13. CONSIDER POSTPONING DATE OF AUGUST 31, 1977, FOR ACCEPTING BIDS FOR NEW CITY HALL - Motion by Commissioner Kibodeaux, seconded by Commissioner Simons to postpone the Special Meeting of August 31, 1977, for accepting bids for the new City Hall until a later date. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. • NAYS: None. + + + 14. CONSIDER CALLING SPECIAL MEETING ON AUGUST 31, 1977, AT 7:00 P.M. TO CONSIDER ENTEX RATE APPLICATION - Motion by Commissioner Kibodeaux, seconded by Commissioner Tomerlin to call a Special Meeting on August 31, 1977, at 7:00 P.M., to consider Entex Rate Application. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + • • Regular Meeting 8/15/77 6 15. CONSIDER APPROVING PROPOSED ORDINANCE NO. 108.9 - CREATING A JOINT AIRPORT ZONING BOARD TO BE KNOWN AS THE LA PORTE-LOMAX JOINT AIRPORT ZONING-BOARD AND INVESTING SUCH JOINT BOARD WITH THE POWERS SUCH BOARDS ARE AUTHORIZED TO EXERCISE UNDER THE PROVISIONS OF CHAPTER 391 OF THE ACTS OF 1947 (ARTICLE 46-e1, ET SEQ, REVISED CIVIL STATUTES OF TEXPiS); AND PROVIDING AN EFFECTIVE DATE HEREOF - Mayor Meza asked that the names of Carlton Spragins and Clarence Norton be considered for appoint- ment to the Joint Airport Zoning Board. After the proposed ordinance was read in full, motion by Commissioner Tomerlin, seconded by Commissioner Cline to approve Ordinance No. 1089 as read. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. CAPTION: AN ORDINANCE CREATING A JOINT AIRPORT ZONING BOARD TO BE KNOWN AS THE LA PORTE-LOMAX JOINT AIRPORT ZONING BOARD AND INVESTING SUCH JOINT BOARD 64ITH THE POWERS SUCH BOARD ARE • AUTHORIZED TO EXERCISE UNDER THE PROVISIONS OF CHAPTER 391 OF THE ACTS OF 1947 (ARTICLE 46-e1, ET SEQ, REVISED CIVIL STATUTES OF TEXAS); AND PROVIDING AN EFFECTIVE DATE HEREOF. + + + 16. CONSIDER ADDITIONAL APPOINTMENTS TO THE CHARTER REVISION COMMITTEE - Motion by Commissioner Tomerlin, seconded by Commissioner Cline that the additional appointments to the Charter Revision Committee be tabled for additional discussion. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + • • Regular Meeting 8/15/77 7 17. CONSIDER EXTENDING AIR PRODUCT'S & CHEMICALS, INC., INDUSTRIAL DISTRICT CONTRACT TO DECEMBER 31, 1979 - Motion by Commissioner Tomerlin, seconded by Commissioner Kibodeaux to extend Air Products & Chemicals, Inc., Industrial District Contract to December 31, 1979, so that all the contracts will be negotiable at the same time. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + 18. CONSIDER APPROVAL OF ENTEX RATE BOND - Motion by Commissioner Cline, seconded by Commissioner Simons to approve the Entex Rate Bond. A copy of the Bond is attached and made a part of these minutes. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. .7 + + + 19. CONSIDER PROCLAMATION - JERRY LEWIS MUSCULAR DYSTROPHY TELETHON WEEKEND - After the proposed Proclamation was read in full, motion by Commissioner Simons, seconded by Commissioner Kibodeaux to approve the Proclamation. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + 20. CONSIDER AUTHORIZING ADVERTISING AND ACCEPTING BIDS TO BE RECEIVED ON SEPTEMBER 19, 1977, AT 7:00 P.M., FOR FOUR WHEEL TRACTOR WITH FLAIL MOWER - Motion by Commissioner Cline, seconded by Commissioner Simons to authorize advertising and accepting bids to be received on September 19, 1977, at 7:00 P.M., for one Four Wheel Tractor with Flail Mower. Motion carried by the following vote: • AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + • • Regular Meeting 8/15/77 8 21. DISCUSS BAY MUD CONNECTING TO LA PORTE WATER SYSTEM Motion by Commissioner Kibodeaux, seconded by Commissioner Tomerlin to allow Bay MUD to connect to La Porte Water System and Bay MUD would bear the expense. The rate to be charged will be one and one-half times the present rate. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. + + + 22. CORRESPONDENCE - (A) Letter from Texas Water Quality Board, dated August 9, 1977, regarding the Boards reaction to a possible tie in of Bayshore MUD to the La Porte System. A copy is attached and made a part of these minutes. + + + • 23. DISCUSSION OF DEPARTMENT PROJECTS - The City Administrator informed the Commission that the Interior Decorator would be at City Hall on August 16, 1977, at 2:00 P.M. to review the color selection samples. The City Attorney requested an executive session. + + + 24. COMMUNITY DEVELOPMENT PROGRAM - Ms. Willie Mae Allen addressed the Commission, asking that the City apply for Community Development Funds. Ms. Allen read a letter from Bob Eckhardt, stating that the City had not applied for Community Development Funds. Ms. Allen was advised that the City had applied for Community Development Funds in the past. + + + • Regular Meeting 8/15/77 9 • 25. EXECUTIVE SESSION - V.A.T.S. - ARTICLE 6252-17 - SECTION 2 - (E) AND (G) - LITIGATION AND PERSONNEL - Motion by Commissioner Cline, seconded by Commissioner Kibodeaux that the meeting recess for an executive session. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. NAYS: None. The meeting recessed at 7:45 P.M. The meeting reconvened at 9:15 P.M. + + + 26. ADJOURNMENT - Motion by Commissioner Kibodeaux, seconded by Commissioner Simons that the meeting adjourn. Motion carried by the following vote: AYES: Commissioners Tomerlin, Kibodeaux, Cline, and Simons. . NAYS: None. The meeting adjourned at 9:16 P.M. r Passed and Approved this the 6th day of September, 1977. J. J. Meza, Mayo~- !! ~?~ ~ Margin, Cit Cl rk ! • • AUTHORIZEll UISbURSEhiENTS . F'F~GE 1 07-2Q-77 ~ r' , r KNOX W. ASKINS 1 LEGAL SERVICES 001-7UU-506.00 536.00 07-28-77 3704 ~53b.00 AU`i'OMf)`CIVE MACHINE & ('AR`CS VA1_VE: SEAL_~ MACF~F. WQRK 001-709-4GL.00 35.20 07-28-77 3705 X35.20 ATtM I RAL L I NEN UN I C'f]RMS 001-706-202.00 15.00 ~;: 001-7U"l-2'10.00 17.00 001-710-202.00 30.00 001-750-"l5y.00 288.01 OOZ-775-205.00 59.50 002-"1'16-205.00 63.75 07-28-77 3706 X473.26 BARRETT'S HTG. & A/C CHANGE GU7 FILTERS FIL.TE:R5 001-106-401.00 30.54 07-28-7'l 370'1 9~3U.50 ~AYSHfIRE OFFICE SUPPLY CASTERS 001-710-205.00 8.88 07-28-77 3708 X8.88 BIG TNREE INDU5TRIE5 CHALK & RUD NQLUER~ CLEANER 001-710-404.00 14.40 07-28-77 3709 X14.40 BtJ5INE55 MEN'S ASStJRANf:E EMPLOYEE i-CUSP. INS. 001-750-753.00 7230.15 07-28-77 3710 ~7.L30.15 TIM DE WALT TRUCK SEAT 001-709-402.00 12.00 - 07-28-77 3711 ~12.U0 PAGE TOTALS 8340.39 • AUTHORIZED UI5BUk5EMENTS PAGE Z 07-213-77 THE BtJYER' S iUPPLY DEGREA~sERr I1f:t]BtJRANT 002-775-201.00 674.70 07-28-77 3712 X674.70 ~'IM BALL INTERNATIONAL HSNG. r PLtJGSr }t05E5 001-709-402.00 6.46 001-709-404.00 429.58 07-28-77 3713 ~43b.U4 BAYTOWNrCOMMUNICATIQNS REPAIR WORKr PARTS 001-7013-407.00 124 . E35 001-709-407.00 43.25 002-776-503.00 43.25 47-28-77 3714 ~Z11.35 BFtIGtiS-WEAU@R VISEr Gt_t)VE_5r HACK SAW 001-115-000.00 110.56 001-•108-932.00 169.00 002-•176-202.00 14.15 07-28-77 3715 X293.71 BRAWN & ROOTr INC. TYPE "D" HMAC 011-709-302.00 3715.20 07-28-77 3716 X3.715.20 CASE POWER 8 EQUIP. CYLINDER ENI15 002-7'15-503.00 34.68 07-28-77 3717 X34.68 COMMERCIAL FOUNDRY MANHOLE COVERS 002-776-424.00 455.00 07-28-77 3718 ~455.U0 CURTIN MATHE50N CHLORIDEr STARCH IND. SOLUTION 002-776-425.00 26.33 07-28-77 3719 X26.33 DANIEL'S DUMP TRUCK LIMESTONE 001-709-302.00 9812.82 07-Z8-77 37ZU X9.812.82 PAGE TOTAL5 15659.83 . ~ ~ • t. , F~UTHQRIZED DI5B URSEMENT S ~ ' ~, PAGE 3 U7-213-7 7 ,' DUNCAN TOt)L ~ S UPPLY GREASE (iUN ~ E:NtiINE. 5~'AND ~' • 001-710-207 . UO 127.13 (` . 001-710-404.00 503.95 ~' 07-28-77 3721. X631.08 ~;. DIXIE CHEMICAL. CNL_t)RINE ~ 002-776-201.00 250.00 ~; 07-28-77 372E X250.00 ~ ELEt:TRULUX SL{AMPOO ~. 001-700-202.00 19.90 .( 07-28-77 3723 X19.90 ~ ENTEX NATURAL GA5 ~ 001-706-508.00 21.06 ~`~ 07-28-77 3724 ~21.Ob t ~; EVANS 5PORTING GOODS TROPHIES ~ 001-7Ub-205.00 20.00 ~, 07-28-77 3725 ~2U.U0 (. EVER50N R055 BAI)GES,~ CASES t 001-711-209.00 166.69 07-28-77 3726 ~16b.69 ~' FACTORY SALES C O. LT. HARS ~ SHIRTS ~~ 001-707-210.00 36. b3 ~_` , , 07-28-77 3727 I •~-'~3b.b3 { FIRE FOX CORP. HEL.METS~ HOOTS SPEAKER ~ 001-703-210.00 195.00 001-707-936.00 65.80 i 07-28-77 3728 ~2b0.80 ~ FORMCRAFT~ INC. TAX LEDGERS ~~ 001-7UU-205.00 187.00 t 47-28-77 3"129 X187.00 ~ ~ GESTETNER CORP. FEED FINGER~~ STENCILS ' 001-700-LU3.00 9.68 ~' , 001-700-403.00 12.60 i 07-28-77 3"l3U X22.28 ~. ~. ! PAGE TOTALS 1615.44 AUTHORIZEll DY5BUtI5EMENTS ~, PAGE 4 U7-28-77 GkOUP LIFE & HELATH EMPLLIYEE LIFE INS. 001-ZU1-UU~.00 60.00 ~: _'• 07-Z8-77 a3 ~3 / X60. UO ~' GULF STATES ASPF~ALT RC-2 001-709-;302. U0 241.11 . 07- 28-77 ~7,3~i X241 . 11 PAGE TOTAL5 3U1.11 ~: . ~' ~° • 1~ ~. ~. ~. . ~.` ~_ l ~_ " %~ ~~ t ~s ~r ~: ~: ~~ ~'• ~~ , ~- ~_: c ~` L:~ C ~:: ' ... ' . AUTHORIZED UI5BU R5EMEN't 5 PAGE 1 07-1~3-7 7 ;` ~ GULF QIL PRgDUCT S GASDl.INE:rDIL 001-710-207.00 1531.62 ~ 07-28-77 3'T 34 $1x531.62 HALL 5I[aNSr INC. RDK~-PRUF CAPSr 5TDf' f~ACES t 001-709-304.00 264.69 07-28-77 3135 $264.69 TfiE HEITMAN CO.r INC. MQWER I?LAI)E5 001-709-402.00 40.00 (. 07-28-77 3'T 36 $40.00 ~ HOUSTON 5AW & KNIFE DRUM 001-709-404.00 8.40 _ t. 47-28-77 ~ 3737 $8.40 HOUSTON L & P STREET LIGHTING 001-709-405.00 1042.62 07-28-77 3738 $1x042.62 (~ HOUSTON L ~ P ELECTRICITY 001-706-50'x.00 34.90 ~. 001-709-405.00 25.02 ~ 002-7'15-601.00 11.43 ~ 002-776-601.00 2952.61 ~ 07-28-77 3'T 39 $3rG23.9b ~ HOUSTON WELDING 5UPPLY CYLINDER RENTAL 001-703-206.00 8.06 ~` 07-28-77 3740 $8.06 HUNTER INDUSTRIAL CHEMI CAL5 LINERSr WAX 001-115-OUO.UO 20.00 001-706-202._00 459.25 (~ - ~ 4. ~ } 001-710-205.00 27.60 ~ 001-710-402.00 106.60- 07-28-77 3741 $400.25 ~ PAGE TDTALS 6319.60 C _ ~ AUTHORIZED DI513UR5EMENTS . `, PAGE. 2 07-L8-77 B P QOHNSON DUMP 7RUCK5 SAND • 002-775-413.00 96.00 002-77b-422.00 52.00 ~' 07-28-77 3742 1i 148.00 ~. KROGER CO. ~ ~ COFFEEr SUGARr CREAMER 001-115-OUO.UO 319.20 ~, 001-`110-201.00 3.24 001-710-202.00 1.19 { ` 07-28-77 3743 ~3L3.63 t ~ L A PORTE RADIATOR ~iHOP CHARMED & TE ~iTEU ABC , 001-707-4UL.00 12.50 ~~"~ ~- ~J ~ ~ f• •_ 1 :_ ~ 07-28-77 3744 1;12.5 0 `~ LA PORTS RENTALSr INC. AIR C[]MPR~:~iSORr SAW 001-709-519.00 18.00 L; 002-775-413.00 46.50 • 07-ZB-77 3745 1;b4.50 ~ LA PORTS VACUUM CO. VACUUM REPAIR 001-706-403.00 21.00 -~ 07-28-77 3746 1;29.00 ~, LONG HORN TIRE TIRESr TUBES 001-115-OU0.00 - 175.'46 ~ . .: . 001 -'lOb-404.00 . 32.00 001-707-402.00 76.00 001-709-402.00 54.40 ~: 07-28-77 3"l47 X337.86 LUMUS HAYTOWN DOD[zE SCOPE SET ENMINEr PUMP ~ 001-70b-402.00 94.17 001-707-402.00 18.10 001-709-402.00 11.13 ~.;• 001-710-402.00 33.01 002-775-503.00 20.40 07-28-77 3748 1;96.81 ~_. PAGE.. Td7AL5 ~-~-F-~-:.- 1av~: 30 ~~ ~ • ~.., AUTHORIZED DI5F3URSEMENTS PAGE 3 U7-L8-77 • MARBURGER'S SPORTING GOODS RELOADING EC~UIP. ~:p; 001-707-211.00 48.13 ~. 07-28-77 3749 X48.13 SAY MARKS CHEVROLET PUMPS ROTORS CLUTCH ~~ 001-115-ODU.00 2.50 001-7UU-402.00 2.31 ~~' 001-703-402.00 41.11 -: . . ,~ . r ~^~., 001-704-402.00 3.79 001-706-4UL.UO 50.25 C` 001-707-402.00 329.41- [ _. . }' . .' iY ~; 001-708-402.00 ~- . .. 269.38 _ . 001-709-402.00 138.58 001-710-205.00 12.49 ~ 3 '' 07-28-77 3750 X191.00 ~: MCKEY CONSTRUCTION WORK cl LIFT STATION & AIRPORT 002-7'16-603.00 285.11 ( O~U8-701-510.00 100.00 07-28-77 3'l51 X385.11 ~ MICKIE SERVICE CO. WIPE 002-%75-413.00 160.00 ~~- 07-ZB-77 3'l52 ~160.U0 ~ MOORE PAPER CO. TOWELS, KIMWIPES 001-115-OUO.UO 51.31 ~, 07-28-77 3753 X51.31 MOORE REFRIGERATION SERV . i=REON~ SERVICE CHARGE ~,; 001-703-401.00 21.00 07-Z8-77 3754 X21.00 ~..' MORGAN'S AUTO SUPPLY CLUTCH PRES511RE PLATE • 001-709-402.00 120.35 07-28-77 3755 X120.35 ~: PAGE TOTAL5 976.90 ~., ~ ' ~~ ' AUTHORIZED DISBURSEMkN f5 PAGE 4 U'1-2E3- 77 C..~ ~ FRANK GLA55 MINIMAX MISC. SUPPLIES 001-'100-202.00 32.9.8 ~.' ~ 001-703-ZU1.U0 84.02 . ~,; 001-TU3-202.00 11.91 ~; 001-IUb-2UL.UO 17.89 {~ 001-707-205.00 26.40 ('; 001-710-201 .00 1 .03 ~ ; 002-7'1b-201.00 6.60 _ ~- C ' 07-Z8-77 3156 $180.83 . ~' OLIVETTI CORP. MAINTENANCE AGREEMENT a ~~ 001-706-403.00 109.50 ~. 47-28-77 3757 X109.50 ~_ PAK-MOR PINT EYE I#OLT~ CLAMP HANDLE ~"., 001-'108-402.00 75.20 ~ ; ._ ~~ > • 07-28-77 3'l58 X75.20 {~ ~{ ' , PFEIFFER-GAMBRELL LAHOR ~ MAT'L AIRPORT AUTO STORAGE ' 001-'101-405.00 947.31 {. , C 001-710-301 .00 71 . B7 . { -+ _ 001-750-760.00 _ 959.00 .. ~., 002-775-502.00 38.25 ~ t 002-776-502.00 4:14 ~. 47-28-77 3759 ~2.ULU.57 ~ POLICE SUPPLY 5ERVICE RELOADED CARTRIDGES 001-707-512.00 162.50 1. 07-28-77 3760 X162.50 ~" ~ POLKER WELDING CO. PIPES RODS ANGLE ~ 001-710-205.00 5.00 ~'~~ ~ 002-776-421.00 11.40 ~,~ OOB-701-510.00 22.50 : \ D7-2B-77 3761 X38.90 ~ ~ ~ ~~ PAGE T07AL5 LS87.50 ~ c ~ ~ ~- t~. c - - ~ ~~ . AUTHORIZED UISl3URSEMEN TS PAGE 5 07-28- 77 ~~ ~ PRECO MACHINERY MALES RETAINER .001-709-404.00 3.22 ~ _ ~ tr ! ~ '~ ~ 07-28-77 3762 X3.22 ~ ~ DOUG RAYBURN ~ Aa~iOCIATES COURT REPORTING - PUBLIC F{E:ARING ~~ ~ 001-7UU-510.00 396.15 ~,, 07-28-77 3763 1;35'6.15 ~ ~ ; RI:D' S 5AFE ~ LOCK ~iERV . KEYS 001-706-205.00 3.75 ~ ~~ ~- - 07-28-77 3764 X3.75 _ C ~ ~ " REEUER PLUMBING & NTG. BREAKE:Rr 1.ABUR 001-706-301.00 24.45 C: 47-28-77 3765 1;24.45 ~} ~ ' T~{E ROEiAN CO. CURB STOPSr CLAMPS - 002-115-UUU.UO 268.77 ~. . 1 ~ • 002-7'15-413.00 126.27 l~ 002-600-144.00 7227.83 ~~, 07-28-77 3766 ~7.b22.87 ~ ~ ' SARTAIN-HOGAN CASTERS ~ 001-708-93L.UO 570.00 ~ ~ 1 07-28-77 3767 X570.00 ` ~ 5EAR5. ROEBUCK 8 ' CO. LIGHTr OFFICE CHAIR ~ TOb-403.00 001 - 49.00 001-706-405.00 14.88 C 07-28-77 3'l68 1;113.88 ~ ~ t " Sf{ELL OIL CO. GASOLINEr OIL 001-710-207.00 170.24 07-28-77 3769 1;170.24 ~ .~ STEWART & STEVEN SON CABLE ~ '~ 001-709-404.00 24.35 • ~ (; 07-28-77 3770 X24.35 t KEN 5TRUM INS. FIRE POLICY ~; 001-750-757.00 2307.00 07-28-77 3771 1;2.307.00 (- - , ;_ ,~ -._•~ - -- PAGE TOTALS. 11235.91 • • ~. AUTHORIZED DI5HUR5EMENTS ~F • PAGE b 07-28-77 S1~tARP GRAIN CO. H05E BLADE5~ HAND!_ES ~•, 001-115-U00.UO 5.18 ~ ~ ~ ' ~ ) I 001-706-206.00 - 7.98 ~,.= 001-709-205.00 47.55 . - 07-28-77 3772 ~b0.71 TEXAS FIRE & SAFETY RECHARGE FIRE EXT. HYDROTEST ^. 001-703-206.00 26.80 _ - 07-2C-77 3773 ~Z6.80 ~_~; - TEX-PAK FREIGHT 008-701-509.00 3.00 ~, 07-28-77 3774 ~3.U0 ~` TRAMPOLINE FACTURY __ ~TRAMNULINE 130.00 001-706-9.35.00 ~'# • 07-28-77 3775 X130.00 ~ TURNER COLLIE ~ BRADEN TRAFFIC ENGINEERING SURUEY 001-700-50b.U0 530.00 ~ 07-28-77 3'l76 X530.00 ` TYLER UNIFORM CO. UNIFORM5 ~- 001-'l0'1-210.00 48.44 .~ _ -_,, _ 07-Z8-77 3'l77 X48.44 ~~ T L WALKER BEARING HELTS 001-706-404.00 20.34 ~ 002-775-503.00 13.92 ,i .. -- 002-7'lb-503.00 13.92 _ - ., ~ cr 47-28-77 3778 .48.18 ~~' 6:~ALKER SAND CO. SAND 002-775-413.00 10.50 ~.: ' • 07-28-77 3779 X10.50 ~'~ W ESC 0 CUTTING T[10L~ LIGHT HULAS 001-115-UUO.UO 14.76 ~°, 001-701-405 . UO.~ b7.50 ~.: 07-28-77 37130 X82.26 • PAGE TOTAL • ~. 939.89 ~, AUTHORIZED DISBUkSEMENTS PAGE 7 . 0'1-28-7 7 WEST CHE/yICAL WASHROOM SANITATION 001-700-509.00 11.00 001-710-509.00 29.90 07-28-77 3'l81 X40.90 HOH WILLIAMS PI.UGSr POINTSr FILTERS 001-115-UUU.00 85.80 07-28-77 3782 X85.80 X--ERGON ELECTRODEr DURA-WELD 001-710-404.00 284.25 • 07-28-77 3T83 X284.25 XEROX MACHINE RENTAL 001-700-509.00 322.41 001-707-510.00 108.65 07-28-77 37Ei4 X431.06 PAGE TOTALS 842.01 l c l . /j • BUSCH, HUTCHISON & ASSOCIATES, INC. CONSULTING ENGINEERS 1107 FLEETWOOD DRIVE - .BAY TOWN, 7EXA5 77520 - PHONE (713) 422-8213 ,~~~ • July 19, 1977 Honorable Mayor and City Commission City of La Porte Post Office Box 1115 La Porte, Texas .77571 ` FINAL ESTIMATE - bdATER-AND SE4lER SERVICE TO BLOCKS 45 AND 72 The referenced project has been completed and .final measurements have . been taken.. The final contract cost is $34,817.47 which is a $2,995.12 underrun. The reason for the underrun is that comparatively little • ~~~road shell was used because the weather was dry. We recommend that the final payment of $9,249.64 be made at this time. ~J mes P. Hutchison, P.E. 4 ice President JPH/sh 3 i E ~. ~: CONT~OR' S AFFIDAVIT TO LOCAL GOV[iR~'sNTAL 11N1T f` ..., °~ TILE S'L'ATE OF TEXAS COUNTY OF Harri s ~ .: .. _. ~' ill ?E ME, a Notary Public in and for Harr1S County, Tex.:9:;-, ..,i thin day personally appeared who, after having been by me duly sworn, upon his oath eposes -- .. acid gays `i"hat certain buildings,- facilities, or_improvements were constructed upon sanitary sewers, water lines and appurtenances, Blocks 45 and 72 for the City of La Porte, Texas under contract __::.y~uted between Ike Halj, InC. as contractor,' and the City _ of La Porte . as owner, and dated June 9, 1977 r That said buildings, facilities or improvements have been fully completed, and that all subcontractors, materialmen and labor contractors furnishing material and labor for the construction of the buildings, facilties or improvements, have been fully paid and that there are~no disputed or unpaid labor or material claims against said buildings, facilities or improvements or the property upon which said buildings, facilities or improvements are situated, Affiant warrants that he is authorized to make this affidavit. • SWORN TO AND SUBSCRIBED BEFORE ME by th said ' on this a,2 ~ day of 19 77. otary Pub c in and for ~ .. County, Texas THE STATE OF TEXAS COUNTY OF BEFORE ME, the undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing~imtrvment, and acknowledged to me=that he 'executed--the same for the purposes and. consideration therein expressed and in the capacity stated therein. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this A.D., 19 Notary Public in and for • County, Texas day of .. _ .~ _ ;~ / } .'r _~ f~' ,. - ^ ~3USCH. HUTCHISON & ASSOCIATES, 1NC. CONSULTING EN 61N EER! 1 f 07 FLEETW000 DRiVt sArTOWN. T[XA1 77020 - -NON[ 717) 122-1211 7ul,y 18, 1977 ESTIMATE NUMBER: Final Construction of Sanitary Sewers, Water Lines And Appurtenances PROJECT: ~y of La Porte - In Blocks 45 and 72 --Job No. 77-1494 CONTRACTOR: IKE HALL. INC P 0 Box 619. Friends~tood. TX 77546 --- /~MOUNT OF CONTRACT: $37.812.59 _ CONSTRUCTION TIME: Item No. Item uantit Unit Unit Price Total 1. 8" V.C. Sanitary Sewer R.G. Joints, 6'-8' Cut, Com lete in lace 50 L.F. 5.87 293.50 2. 6" V.C. Sanitary Sewer,. • R.G. Joints, 0'-6' Cut, Com lete in lace 580 L.F. 4.1D 2,378.00 3. 6" C.I. Sanitary Sewer Class 22, AW!~fA Specification C-106, 0'-6' Cut, as shown on • lans, Com lete in lace 18 L.F. 10.45 188.10 4. Sanitary Sewer Manhole Com lete in lace 1 Each 600.00 60.00 5. Sanitary Sewer Cleanout Com -fete -in- lace ..:.-_ 2 Each - 75.00 150.00 6. 6" Class 150, Asbestos Cement Water Line, Open trench con- struction, Com lete in lace 2,428 L.F. 7.41 17,991.48 7. 8"x8"x6" Tapping Sleeve and Valve with Valve Box, Com lete in lace 3 Each fi13.9g 1,841.94 8. 6"x6"x6" Tapping Sleeve and Valve with Valve Box, Com_lete in- lace - 2 : Each . 589.38 1,178.76- 9. 6" Gate Valve with Valve Box, Com lete in lace 3 - Each 592.43 1.777.29 ;~,, . ~f~,ge Two -City of La Po~ - Job No. 77-1494 - IKE HALL,~C. CONTRACTOR =Estimate. ~', _ tem o. Item uantit ;Unit Unit Price Total 10. 6"x6"x6" C.I. Tee, .• Can lete in lace 2 Each 182.58 365.16 1i. 6" C.I. 90° Bend., Com lete in lace 2 Each 132.1.5 264.30 X12. Fire Nydrant, 4' Bury, ~ . with "Hydrolok" Connector, Com lete in lace 2 Each 676.42 1,352.84 13. 6" C.I. Plug with Ears and Bolts, Com lete in lace 1 Each 45.00 45.00 14. Road~Shell or Limestone for road, shoulder and driveway repair (Delivery Ticket Basis), Com lete in lace 98.5 C.Y. 18.00 1,773.00 15. Remove existing concrete driveways and replace with 4" reinforced concrete pavement, Com~l'ete in lace 15 S.Y. 35.00 525.00 6. limber ordered left in Trench 1000 b En ineer - 0 - BdFt 1.00 - 0 - 17. 8" Y.C. San~`tary Sewer, R.G. Joints, 0''-6' Cut, Com lete in lace 650 L.P. " 5.98 3,887.00 18. 8" C.I. San~`tary~ Sewet^ Class 22, Awwq Speci~iration C-106, 0''-6' Cut, as shown on laps Com late 'n lace 18 L.F. 11.45- 206.10 TOTAL WORK COMPLETED $34.817.47 Pay 100 X of $ 34,817.47 = $34,817,47 Less Previous Payments = 25,567.83 PAY THIS AMOUNT $ 9,249.64 mes P. Hutchison, P,E. • 'ce President JPH/sh . INVOICE N0. _ 1919 LJ~~7~1 1, HUTCHISON` & ASSOCIATE~~ ~IVV. y CONSULTING ENQINEERf • ~ 1107 FLEETWOOD DRIVE - BAYTOWN, TEXAS 77520 - PHONE (719) 422.8219 Date: July 22, 1977" City of La Porte P. 0. Box 1115 La Porte, Texas 77571 Attention: Mr. Larry Broussard Contract or Purchase Order No. • Our Job No. 77_1494 Date Reference Descri tion of Work Ordered B Char es Payments Received Balance Due SANTTAR~' SEWERS, WATER LANE AND APPORTENANCES ~N BLOCKS 45 AND 72 Resident Re resentati'Ve for ~7uly~, 1977 - 49 Hrs. @ $14.00 .. 686.00 $686.00 DATE BILLED c .; .. ,. .... :. .y "9'~+~ iT3xi++s':..:. .... .. . i'. .. .ir:~i%'.:i ,. L1."": ~.x^;;w--.--. .n~. INVOICE N0. 1920 BUSCH, HUTCHIS4N & ASSOCIATES, INC. CONSULTING ENOINEERf • 1107 FLEETWOOD DRIVE - BAYTOWN, TEXAS 77520 - PHONE (718) 422.821, Date: July 22, 1977 city of La Porte Post Office Box 1115 La Porte, Texas 77571 Attention: Mr. Larry Broussard Contract or Purchase Order No. _ L ~ 1~ Our Job No. 77-1494 Date '"' Reference Descri tion of Work Ordered B Char es Payments Received Balance Due SANITARY SEWERS, WATER LINE AND APPURTENANCES ~N BLOCKS 45 AND 72 Engineerln Pee - 7% ~ *~34 817 47 o , . 2,437.23 Less PreV~ous Payments 2,249.85 $187.38 *Pinal Construction Colt _ ~ _ ar. :~ .. .. ~ . ^ . .- .. . . ~ .:-~---•-;a rte: ~..,+ - - ~.'.. ~s'ns~k+i+sas~saa~c. ."'x°?,. r;+~^a..was.~---~.4:.srsx-;.r.-.~~-~t..~„earnar - r `~~ • • INVOICE N0. Z928 BUSCH, HUTCHISON & ASSOCIATES, INC. CONSULTING ENGINEERS 1107 FLEETWOOD DRIVE - BAY~OWN. TEXAS 77520 - PHONE (719) 422-821, Date: July 27, 1977 C't f L P ~ y o a orte P. 0. Box 1115 La Porte, Texas 77571 Attention: Mr. Larry Broussard Contract or Purchase Order No. Ordered Payments Balance Date Reference Descri ti on of Work 6 Char es Received Due Prepare easement field note 16th Street to Lomax Road James P. Hutchison - 3 Hrs. @ $30.00/hr. 90.00 "' Lee Horacefie]d - 1/2 Hr. @ $24.00/hr. 12..00 Shirley Hill 1/2 Hr. @ $11.60 ~` 5:80 $107.80 ~ • ~ , ~ _I - ---- - ----_ __-_ e TOTAL COST ~ - ' BILLED e..r~ ~ ~ INVOICE N0, 1.929 BUSC1-l, HUTCHISON & ASSOCIATES, ~NC. CONSULTING ENaINEERi • - 1107 FLEETWOOD DRIVE - BAYTOWN, TEXAS 77520 - PHONE (719) 422.8219 Date: .July 27, 1977 City of La Porte P. 0. Box-1115 La Porte, Texas 7757 1 Attention: Mr. Larry Broussard Contract or Purchase Order No. Our Job N~7-.997 Date Reference Descri tion of Work Ordered B Char es Payments Received Balance Due - IMPROVEMENTS FOR LA PORTE MUNICIPAL AIRPORT Resident Representative for on-the-site observation for May, 1977 331/2 Hrs. @ $14.00/hr. 469.00 $469.00 DATE BILLED ab}4~~'aG3::rnF• „'~'t-, r- -^:."v~-- R ~:-- a. INVOICE N0. 130 BUSCH, HUTCHISON & ASSOCIATES, 1NC. CONSULTINGENGINEERS 1107 FLEETWOOD DRIVE - BAYTOWN, TEXAS 77520 - PHONE (719) 422.8219 Date: July 27, 1977 City of La Porte P. O. Box 1115 La Porte, Texas 77571 Attention: Mr. Larry Broussard Contract or Purchase Order No. Date •-• Reference Descri tion of Work Ordered B Char es .Payments Received Balance Due IMPROVEMENTS FOR LA PORTE MUNICIPAL AIRPORT FAA ADAP ~ 5-48-0127-02 In-Place Density Test (See Section V Paragraph C, (10) of Contract with City . of La Porte) 24-1/2 Hrs. @ $31.00/Hr. 759.50 $759.50 ~~_ • ~ INVOICE N0. 1.931 L~USCf-7, HUTCHISON & ASSOCIATES IIV~. CONSULTiNGENOINEERS • 1107 FLEETWOOD DRIVE - BAYTOWN, TEXAS 77520 - PHONE (719) 422-8218 Date: July 27, 1977. City of La Porte P. 0. Box 1115 La Porte, Texas 77571 Attention: Mr. Larry Broussard Contract or Purchase Order No. _ Our Job No. 73--997 Date ~-~ Reference Descri tion of Work Ordered B Char es Payments Received Balance Due IMPROVEMENTS FOR LA PORTE MUNICIPAL AIRPORT FAA ADAP # 5-48-0127-02 Construction layout survey jSee Section q Paragraph C. (2)] 4-Man Field Party - 3 Hrs. @ $26.15/Hr. 78.45 3-Man Field Party - 2 Hrs. @ $21.40/Hr. ~ 42.80 $121.25. • ~ ~ INVOICE N0. 1932 BUSCH, H UTCHISON & ASSOCIATES, I NC. CONSULTING ENQINEERs 1107 FLEETWOOD DRIVE - BAYTOWN, TEXAS 77520 - PHONE (718) 422.821! • - _ Date: July 27, 1977 • .~._ _ .- ; City of La Porte P. 0. Box 1115 La Porte, Texas 77571 Attention: Mr. Larry Broussard Contract or Purchase Order No. Our Job No: 73-.997 Date Reference Descri tion of Work Ordered B Char es Payments Received Balance Due IMPROVEMENTS FOR LA PORTE MUNICIPAL AIRPORT FAA ADAP # 5-48-0127-02 Engineering Fee for Construction Phase jSee Section V Paragraph A.(3)] 6,750.00 $6,750.00 r z-._ _. , INVOICE NO}'' 1.9.3a~ BUSCH, HUTCHISON & ASSOCIATES, INC. CONSULTINGENOINEERB • _ 1107 FLEETWOOD DRIVE - BAYTOWN, TEXAS 77520 - PHONE (719) 422.8219 . Date: July 28, 1977 City of La Porte P. 0. Box 1115 La Porte, Texas 77571 Attention: Mr. tarry Broussard Contract or Purchase Order No. Our Job No. 74-1155 Date Reference Descri tion of Work FAIRMONT PARK SPORTS~COMPC Engineering Fee: 1) Site Planning 2) Construction Plans & Specifications ~.. 100 of $19,840.00 Less Previous Payments: ~~ ' 4 'fe Payments Balance Charges Received Due i ~-- .:. • Municipal Engineering Company ENGINEERS AND SURVEYORS 3425 Federal Road Telephone 941-8988 PASADENA, TEXAS 77504 July 26, 1977 City of La Porte La Porte, Texas RE: Glen Meadows Section One Gentlemen: This is to advise tha t I have inspected the above mentioned subdivision, on this day, and find the following work is needed to complete the abov e mentioned subdivision: ITEM QU ANTITY UNIT UNIT PRICE AMOUNT 7_n1Fts 30 (40% Complete) EA. $ 55~J.00 $ 9,900.00 Air Release .Valve 1 EA. 75.00 75.00 12" Force Main 80 L.F. 23.00 1,840.00 (Bore & Jack) 8" Force Main 260 L.F. 11.50 2,990.00 12" Water Line 86 L.F. 19.75 1,698.00 (Bore & Jack). 12" Gate Valve-5~ 1 EA. 450.00 450.00 Box Lift Station 1 (15% Complete) Concrete Curb 13,280 EA. 38,000.00 L.F. 1.30 32,300.00 17,264.00 TOTAL Amount of Unconditional Guarantee Yours truly 66,517.00 $ 73,169.00 i ~ • UNCONDITIONAL GUARANTEE FROM BANK OR FEDERALLY INSURED SAVING & LOAN ASSOCIATION OR OTHER FINANCIAL INSTITUTION APPROVED BY THE CITY OF LA PORTE DATE July 26, 1977 The City of La Porte Harris County, Texas Gentlemen: Southmore Savings Association hereby agrees and promises to (Bank or Lending Agency) pay to the CITY OF LA PORTE, TEXAS, on demand, the sum of Seventy- three thousand one hundred sixty-ninedollars ($73,169.00 ), which sum is to be applied toward the installation and/or completion of the following mentioned site improvements in Glen Meadows, Sec.l for which full and final comple- Name of Subdivision) tion the developer T.M.C. Fund~.ng and Magna2.ia Inv.Ptcape~y , his heirs (Name of Subdivision Developer) and assigns, shall be responsible under Code of Ordinances number 705, as ammended,of the Code of Ordinances of the City of La Porte, such improvements being specifically described and scheduled as follows: (List and describe each improvement) G~.en Meadaw~s, Sec~~.an Une, Pav~.ng, Dna~.nage and ll~~..~~.~~.e~5 ~a be cam~.2e~ed ~.n accandance w.i~h the Spec.Lb.ica~~.an~s, Ru~e~ and Regu.~a~~.an~ fan. the c..~.ty a~ La Pan.te. Very truly yours, U Southmore Savings Association (Name of Bank or Lending Agency) ~. B ~ ~. (Tit e f Officer ) Tommy Ad s - President U OFFICERS TOMMY ADKINS, President BARBARA BOYETTE, Assistant Vice President WANDA GIBBON, Vice President RALPH W. SUMMERS, JR., Assistant Vice President A. C. HART, Vice President THOMAS F. LAY, Secretary-Treasurer JERRY KLIEWER, Vice President HYLTON O. WEBB, Assistant Secretary J. L. SMITH, Vice President FAYBELLE FIELDS, Assistant Secretary VERNON L. GLISPIN, Vice Preside nt O. C. SHOUSE, JR., Assistant Secretary Pre sent Office Locations 825 E Southmore 8133 Broadway 3409 Spencer Highway Pasadena, Texas Houston, Texas Pasadena, Texas Central Telephones 473-3351 & 473-5545 P. O. Box 1999 Pasadena, Texas 77501 Future Office Locations Sabo & Fuqua Street Northwest Crossing Bay Area Boulevard Houston, Texas Houston, Texas Webster, Texas Center & Pasadena Blvd., Deer Park, Texas DIRECTORS Tommy Adkins .. ... ............ ..Presiders[ James G. BYUS ....... .. .. ... ....... '•.er Milton Covell, O.D . .... ... ..... .... Opp ,t Max Diamond, M.D . ... .. ............Physician Wanda Gibson .... ... . ... .......Vice President Vernon L. Glispin .. C.P.A. A. C. Hart .. ....... . .... ..... Chemist-Rancher Frank Kurtz ... ...... .... .. ...... Investments Thomas F. Lay ..... . .. .. ....... ...Attorney V. H. Payne ....... . ...... .... .. Industrialist O. O. Shelton .... .. Industrialist Harold Wallace ... .. ..Finance Hylton O. Webb ...... ........ Ethyl Corporation L. S. Womack .. ...... ..... Womack's Super Markets STAFF Tommy R. Adkins ,Melanie Hamblen Donna Meyn Suzette Biancardi Becky Holdridge Polly Monzingo Jane Brabham Jane Humphrey Donald Moody W. T. Connelly Cynthia Karm LaJuana Murray June Courvelle Sebe Knox Robert Reed Maxine Davis Marilyn Lester Vickie Searle Charles F. Dees Rheta Loveless Phyllis Sears A. M. Gore Franke McEvoy Pam Stone COUNSEL Thomas F. Lay _. ___~ __ ~ __ ASSETS ~ortgage Loans ::::::::: : : :: : :..: her Loans $55,074,493.92 1,260,102.77 Cash on Hand and in Banks .......... 6,047,623.91 Federal Home Loan Bank Stock ....... 500,000.00 Prepaid FSLIC Secondary Reserve ...... 192,732.01 Real Estate Interests Held for Sale or Development ................ 1,570,558.98 Real Estate Owned ................ 190,533.53 Home Office, Buildings and Equipment ................ 1,671,970.22 Other Assets .................... 1,703,478.77 TOTAL ASSETS ............... $68,211,494.11 LIABILITIES Savings Accounts ................. $49,767,426.31 Notes Payable ................... 9,034,985.00 Escrow for Tax and Insurance' ......... 958,336.78 Loans in Process .................. 4,675,438.79 Other Liabilities .................. 441,632.20 Deferred Income ................. 450,600.79 Permanent Stock ................. 300,000.00 Surplus, Undivided Profits and Reserves ..................... 2,583,074.24 TOTAL LIABILITIES,CAPITAL & RESERVES .................$68,211,494.11 SOUTHMORE SAVINGS -SAVINGS PLANS PLUS DAILY COMPOUNDING OF DIVIDENDS • Passbook Account (Flexibility for Systematic Savings) ............................ 5'/a% • 90 Day Notice Account .......................................................................... 59/a% • 3 Month Certificate (Minimum ~1,000.00) ................................................ 53/a% • 1 Year Certificate (Minimum $1,000.00) .............................................. 6'/s% • 2'/s Year Certificate (Minimum ~1,000.00) .............................................. 6s/a% • 4 Year Certificate (Minimum $1,000.00) .............................................. 7'/s% ` • 6 Year Certificate (Minimum ~1,000.00) .............................................. 7'Ya% ~ NOME! rc THESE ARE THE HIGHEST RATES PERMITTED BY GOVERNMENT REGULATIONS s O= A substantial interest penalty is required for early withdrawal of Certificate accounts. hNIM 1nlry. { lW MIrt1 W,. ACCOUNTS INSURED UP TO 540,000.00 BY THE FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION ~4,~, `~, rf~Y~ufM,1M AN INSTRUMENTALITY OF THE UNITED STATES GOVERNMENT ~ S'IS