06.08.1982 Town Council MinutesJune B, 1962
The Prosper Town Council met in regular session June B, 1962
at 7:00 P. M. in the city office with four members present.
Mayor Ralph Boyer called the meeting to order and asked
for a reading of the minutes. They were approved as read.
The council reviewed the financial reports for the
month of May.
Jack Crampton of Texas Power and Light Co. addressed
the
uncil
ratecincreasesofn9.24rJaeffectivebJuly1,n19B2. os Motion by a r
Danny Webb, second, Cecil Norris to grant increase.
Ordinance #62-5 was signed by the Mayor and Secretary.
Resolution was passed by council suspending for 30 days _�(z
the effective date of requested fuel adjustment clau.=;e charge.
Ordinance #62-6 was signed adopting the proposed settle- MI „
ment agreement set forth by the District Court judgement and
agreed upon tarriff and procedure for approval of payments
to affiliates.
Motion by Danny Webb, second Cecil Norris that the Town
of Prosper accept the Water Installation ( Well #2) as meet-
ing the Town's requirements for the funds amounting to $160,000.00
Passed Unanimously.
The council discussed with Russell Betts the Towns
street problems. Mr. Betts will make calculationof problems,
and council members will canvass streets and report back as
to which streets are in most dire need.
Danny Webb presented the Proposed Budget for fiscal year
10-1-62 thru 9-30-63. Motion by Cecil Norris to accept, second r �'
John Cockrell. Passed unanimously.
Motion by Danny Webb, second Cecil Norris to pay the
premium for the Multi -Peril Insurance. Passed unanimoulsy.
Motion by Danny Webb, second Cecil Norris to increase
Allen Horans salary to $1250.00 a month. Passed unanimously.
The meeting was adjourned.
Mar: an Holbi,00li, `3ecre'1 ary