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09.09.1980 Town Council MinutesF The city council met in regular session Tuesday, September 9, 1980 at 7:00 P. M. in the city office with all members present. Mayor, Ralph C. Boyer called the meeting to order and asked for a read- ing of the minutes of the previous meeting. They were approved as read. The council reviewed the Financial Statement, expenditures for August, Balance Sheets and Statements of Income. The mayor presented the proposed budget for October 1, 1980 thru September 30, 1981. Motion by Dan Christie to accept the budg3pt Second by Cecil Norris and carried. Discussion was held on the necessity to add a surcharge to the monthly water bills to offset the cost of emergency water from the Dodson Water System. Motion was made by Dan Christie to assess Charges each month according to the amount purchased from Dodson. Second Cecil Norris and carried. The council members donated personally in the name of the City to the National Federation of the Blind of Texas. Motion by Cecil Norris to table the increase in salary to V. C. Spradley until a later date. Second Dan Christie and carried. Russell Betts, City Engineer, updated the council on the pro- gress being made toward the new water system for Prosper. He stated that the city had been granted a 30 day extension,to apply for a loan from Farmers Home Administration. The loan to be at 5% interest for 40 years. .1 -,- Motion by Dan Chrisite that Mayor Ralph c. Boyer be given the authority to sign the loan resolution. Second, Danny Webb and carried. Motion by Danny Webb that the city ask for a loan of $180,000.00 from the Farmers Home Administration. Second Dan Christie and carried. The Bond election will be held Saturday, November 1, 1980 from 7:00 A. M. till 7:00 P. M. with Willette Skelton as election judge. V•M Mav'i,an flollbi-ooli, Secret'-'ary