HomeMy WebLinkAboutPRFD 1995-04-10 Minutes
MINUTES OF THE NORTH RICHLAND HILLS PARK AND
RECREATION FACILITIES DEVELOPMENT CORPORATION
HELD IN THE CITY HALL, 7301 NORTHEAST LOOP 820 -
APRIL 10, 1995, 6:25 P.M.
CALL TO ORDER
The Chairman called the meeting to order April 1 0, 1995 at 6:25 p.m.
ROLL CALL
PRESENT:
BOARD OF DIRECTORS:
Tommy Brown
Mark Wood
Jo Ann Johnson
Linda Spurlock
Pam Jackson
Don Tipps
Chairman/Mayor
Vice Chairman/Mayor Pro Tem
Council member
Council member
Citizen member
Citizen m em ber
OFFICERS:
C.A. Sanford
Randy Shiflet
Larry Cunningham
Jeanette Rewis
Rex McEntire
President
Vice President
Vice PresidentlTreasurer
Secretary
Attorney
ABSENT:
Larry Bracke
Citizen member
1.
APPROVAL OF MINUTES OF THE JANUARY 9, 1995 MEETING
APPROVED
Mayor Pro Tem Wood moved, seconded by Councilwoman Johnson, to approve the
minutes of the January 9, 1995 Board of Directors meeting.
Motion carried 6-0.
2.
FDC 95-02 CONSIDERATION OF ACTION ON ALL MA TIERS
PERTAINING TO THE AWARD AND SALE OF $2,000,000
IN SALES TAX REVENUE BONDS, SERIES 1995, FOR
PARKS AND RECREATIONAL PROJECTS -
RESOLUTION NO. FDC 95-02
APPROVED
;.
April 10, 1995
Page 2
Councilwoman Johnson moved, seconded by Councilwoman Spurlock, to accept the bid
of NationsBanc Capital Markets, Inc. for the purchase of $2,000,000 "North Richland Hills
Park and Recreation Facilities Development Corporation Sales Tax Revenue Bonds,
Series 1995" at a net effective interest rate of 5.698192%, and approve Resolution No.
FDC 95-02 authorizing the issuance of $2,000,000 "North Richland Hills Park and
Recreation Facilities Development Corporation Sales Tax Revenue Bonds, Series 1995".
Motion carried 6-0.
3.
ADJOURNMENT
Mr. Tipps moved, seconded by Mayor Pro Tem Wood, to adjourn the meeting.
Motion carried 6-0.
~~
Tommy Br n - Chairman
ATTEST:
~~¡tb:'
anette Rewis - Secretary