MINUTES
TOWN OF SUNNYVALE
SPECIAL CALLED
MEETING FOR
SUNNYVALE TOWN
COUNCIL
SUNNYVALE 4A
DEVELOPMENT CORPORATION
MAY 22, 2008
7:00 P.M.
THE TOWN COUNCIL OF THE TOWN OF SUNNYVALE, TEXAS AND THE BOARD OF DIRECTORS OF SUNNYVALE 4A DEVELOPMENT CORPORATION MET IN SPECIAL SESSION ON MAY 22, 2008 AT 7:00 P.M. IN THE COUNCIL CHAMBERS OF THE SUNNYVALE TOWN HALL, 127 COLLINS ROAD, SUNNYVALE, TEXAS, UNDER V.T.C.A., GOVERNMENT CODE SECTION 551.041. THOSE PRESENT WERE:
MAYOR JIM PHAUP
MAYOR PRO-TEM DAVID BYRD
COUNCILMEMBER KATHY KANE
COUNCILMEMBER MIKE SAGE
ABSENT COUNCILMEMBER KAREN HILL
COUNCILMEMBER PAULA YATES
CHAIRPERSON BILL WHITHURST
MEMBER JIM WADE
MEMBER LAWRENCE BOYD
ABSENT MEMBER CLINT WESTMORELAND
ABSENT MEMBER DANNY ALLEN
Mayor Phaup called the Town Council meeting to order at 7:05 p.m. President Whitehurst called the Sunnyvale 4A
Development Corporation meeting to order at 7:05 p.m.
1. CONSIDER APPROVAL OF RESOLUTION 4A
2008-05-22, A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUNNYVALE 4A
DEVELOPMENT CORPORATION (“THE CORPORATION”) RATIFYING THE CORPORATION’S
COMMITMENT OF FUNDS FOR THE PLANNED IMPROVEMENTS TO THE BRIDGE AND INTERSECTION
AT U.S. HIGHWAY 80 AND COLLINS ROAD ( “THE PROJECT”); AUTHORIZING NEGOTIATION
OF A CONTRACT TO FULFILL THE CORPORATION’S COMMITMENT; AND PROVIDING AN
EFFECTIVE DATE.
Mayor Phaup
explained the items on the agenda.
Terry Millican, Town Engineer, gave a slide presentation on the new
bridge planned for the intersection of Collins Road (SH352) and US Hwy 80. Mr. Millican showed the current design and
the elements for future expansion and design options.
Councilmember Kane
asked if trees were being considered for the median areas. Mr. Millican answered that the landscape
architect suggested low maintenance plants instead of trees.
Member Wade asked
about the signage being considered for the roadways at the bridge. Mr. Millican answered that the Texas
Department of Transportation (TxDot) were showing standard state signage at the
area. Ronnie Cox, Director of Community
Development, advised that other signs had been supplied by the town along S.
Collins Road and allowed by TxDot.
Discussion followed regarding the options.
Councilmember
Yates asked about left turn lanes on the eastbound service road. Member Wade stated that good configuration
should be designed at this time to avoid an intersection similar to the one at
Belt Line and Hwy 80. Mr. Millican
advised that there would be one right land, one straight or right turn, one
straight or left turn and a U-turn.
Pam Mundo, Design
Consultant, asked if signs could be put on light poles for upcoming town
events. Mr. Millican stated that he
didn't see a problem with flags on poles.
Mayor Phaup advised that since this was a state highway, TxDot would
probably have a list of allowed poles and vendors.
Scott Campbell,
Town Manager, read the proposed figures for 2008 Certificates of
Obligation. Mr. Campbell stated that
the resolution before the Sunnyvale 4A Development Corporation was to formally
make a commitment to pay for the bridge amenities just presented. He advised that the Town Council action
needed would be to authorize publication of notice of intention to issue certificates.
George Wilford,
First Southwest, explained the project amounts of $3,145,000 bridge, $3,040,000
water lines and $800,000 building under consideration. Mr. Wilford discussed the timing schedule of
events for the sale of certificates of obligation. The Town Council and Sunnyvale 4A members reviewed a debt
schedule. Discussion followed regarding
the 4A funds and other projects.
President Whitehurst stated that the corporation would like to have a
meeting and discuss the exact funding and debt service for their funds. Mayor Phaup agreed.
Councilmember Kane
asked for clarification on the notice to be published. Mr. Wilford's recommendation was to publish
the largest amount considered. He
advised that under IRS guidelines, 85% of the proceeds were expected to be used
within 3 years.
2.
TO CONSIDER ALL
MATTERS INCIDENT AND RELATED TO APPROVING AND AUTHORIZING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION, INCLUDING THE ADOPTION OF RESOLUTION
08-20 PERTAINING THERETO.
Motion was made by Councilmember Kane to adopt Resolution 08-20 with the inclusion of an amount not to exceed $7,000,000 Section 1 and Exhibit A. Motion seconded by Councilmember Sage. Motion carried 4/0.
·
ADJOURN
Mayor Phaup adjourned the Town Council at 8:13 p.m.
President Whitehurst adjourned the Sunnyvale 4A
Development Corporation at 8:13 p.m.
______________________________
Mayor Jim Phaup
______________________________
President Bill Whitehurst
ATTEST:
___________________________________
Kathryn Dewey, Town Secretary
A TAPE RECORDING OF THIS MEETING IS ON FILE AT TOWN HALL. THESE MINUTES ARE CONDENSED THEREFROM.