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04.28.2011 CC Minutes - Special KENNEDALE You're Here,Your Home 405 Municipal Drive, Kennedale, Texas 76060 www.cityofkennedale.com MINUTES KENNEDALE CITY COUNCIL SPECIAL MEETING —APRIL 281h, 2011 PRE-COUNCIL, CHAMBERS - 5:30 PM I. CALL TO ORDER Mayor Bryan Lankhorst called the meeting to order at 5:34pm. ll. ROLL CALL COUNCILMEMBERS PRESENT ABSENT MAYOR, BRYAN LANKHORST x MAYOR PRO TEM JOHN CLARK x COUNCILMEMBER BRIAN JOHNSON x COUNCILMEMBER JERRY MILLER x COUNCILMEMBER KELLY TURNER x COUNCILMEMBER LIZ CARRINGTON x CITY STAFF PRESENT ABSENT CITY MANAGER BOB HART x CITY SECRETARY AMETHYST CIRMO x FINANCE DIRECTOR SAKURA MOTEN-DEDRICK x III. INVOCATION IX. AGENDA All matters listed under consent agenda have been previously discussed, require little or no deliberation, or are considered to be routine by the council. If discussion is desired, then an item will be removed from the consent agenda and considered separately. A. Discuss and consider Resolution 360, authorizing notice of intention to issue certificates of obligation. Ryan Cunningham from Southwest Securities presented the council with information regarding the pending certificates of obligation. Bob Hart recommended that the city council authorize approval for the city to advertise for certificates of obligating, noting that the amount advertised is a not-to-exceed number. Bob Hart explained the necessary amount was reached by considering several ongoing and upcoming projects, and that in order for council to issue the debt during the June regular meeting, the notice of intent to issue certificates would need to be advertised as soon as possible. A motion to approve Resolution 360, authorizing notice of intention to issues certificates of obligation in the amount of$3,800,000.00 was made by John Clark, second by Jerry Miller. The motion passed 3-0. X. ADJOURNMENT A motion to adjourn was made by John Clark, second by Jerry Miller. The motion passed 3-0. The meeting was adjourned at 6:12 pm. APPROVED: j ° - Mayor, Bryan Lankhorst ATTEST: A"gu'±J" �'I, ("�afi"�"' Amethyst G. C mo, City Secretary Page 2 of 2