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HomeMy WebLinkAboutMinutes - City Council - Special - 2/11/1969Jt) FEB 11 1969 February 11, 1969 SPECIAL CALLED CITY COUNCIL MEETING: The City Council of the City of Lubbock, Texas, met at 1:30 p.m. in the City Hall. The following members thereof being present to -wit: Mayor W. D. Rogers, Jr., and Councilmen James H. Granberry, Lonnie F. Hollingsworth, Deaton Rigsby; and Morris W. Turner, City Attorney Fred-O. Senter, Jr., City Manager'W. R. Blackwell, Assistant City Manager Robert Wilson and City Secretary -Treasurer Lavenia Lowe. Absent: None 69-28-50-99 There was discussion by the City Council of the sale of $2,500,000 Airport Revenue Bonds which (1) were originally scheduled for sale on January 23, 1969, but no bids were received. Motion was then made by Councilman Turner, seconded by Councilman Granberry, motion carried, Mayor Rogers and Councilmen Granberry, Hollingsworth, Rigsby, and Turner voting Yea, none voting Nay, that the $2,500,000 Airport Revenue Bonds be re -scheduled for sale on March 27, 1969. 69-28-50-100 Motion was made by Councilman Hollingsworth, seconded by Councilman Rigsby, motion carried, Mayor (2) Rogers and Councilmen Granberry, Hollingsworth, Rigsby, and Turner voting Yea, none voting Nay, that in the event the $2,500,000 Airport Revenue Bonds are not sold as scheduled on March 27, 1969,E the City Council hereby commits $617,000 of general fund money to the Airport Revenue Fund. The F.A.A. is to be notified of this action by the City Council. NO FURTHER BUSINESS COMING UP FOR CONSIDERATION, THE C TY COUNCIL ADJOURNED FROM SPECIAL CALLED MEETING FEBRUARY 11, 1969. . D. ROGERS, J yor , ATTEST LAVENTA LOWE, City Sec etary-Treasurer READ AND APPROVED THIS THE 2 th day of February, 196 ATTEST: L;�j LAVENIA LOWS, City Secr ry-Treasurer