04.29.1996 Town Council Minutes195
SPECIAL CITY COUNCIL MEETING
MONDAY APRIL 29, 1996
CITY HALL - 109 SOUTH MAIN STREET 7:00 P.M.
THOSE PRESENT: MAYOR COFFMAN: COUNCILMEMBERS; RALPH BOYER, GRADY
SMOTHERMON, JIM DUNMIRE AND CITY ENGINEER TIM MORRIS.
BILL NISWANGER AND DAVID FERGUSON WERE ABSENT.
CALL TO ORDER: MAYOR COFFMAN THE MEETING TO ORDER AT 7:00 P.M.
STEVE FOLSOM AND DENNY HOLMAN WITH FOLSOM INVESTMENTS ALONG WITH
THEIR ENGINEER AND DAN CHRISTIE OF COLLIN COUNTY LAND COMPANY MET
WITH THE CITY COUNCIL ON NEGOTIATIONS FOR LAND TO ERECT AN ELEVAT-
ED STORAGE TANK. THE LAND IS ON THE SOUTH SIDE OF CR 78 AT THE
INTERSECTION OF CR 77. THE LAND IS PRESENTLY OWNED BY OKLAHOMA
PUBLISHING COMPANY AND IS UNDER CONTRACT TO FOLSOM INVESTMENTS
AND WILL BE CLOSING ON MAY 1, 1996.
FOLSOM INVESTMENTS HAVE AGREED TO LET THE CITY HAVE TWO (2) ACRES
FOR WATER STORAGE AND POSSIBLE AN ADDITIONAL WELL AT SOME POINT.
FOLSOM INVESTMENTS ARE PURCHASING SEVERAL HUNDRED ACRES OF LAND
FOR DEVELOPMENT INTO A POSSIBLE GOLF COURSE SURROUNDED BY LARGE
RESIDENTIAL HOMES ON ACRE OR ACRE PLUS LOTS.
THE DEVELOPERS WOULD LIKE TO WORK WITH THE CITY AND THE CITY
ENGINEER WHILE DEVELOPING THIS LAND ALONG SH 380 AND SH 289.
TONY ORTEGA, CITY EMPLOYEE, RECEIVED HIS "D" CERTIFICATION IN
WASTEWATER AS OF THIS DATE AND WAS GIVEN A $ .75 PER HOUR RAISE,
EFFECTIVE EMMEDIATELY.
ADJOURN: MOTION BY GRADY SMOTHERMON AND SECONDED BY RALPH BOYER
TO ADJOURN. MOTION CARRIED.
MAYOR
CITI SEC TA