HomeMy WebLinkAboutJULY 16 2024 MINT E X A S
MINUTES OF THE CITY OF BEAUMONT
SPECIAL - COUNCIL MEETING
Albert "A.J." Turner, Mayor Pro Tem ROY VILEST, MAYOR Randy Feldschau, At -large
Taylor Nelld, Ward I CITY COUNCIL MEETING Michael Getz, Ward II
Audwin Samuel, Ward III JULY 16, 2024 Chris Durio, Ward IV
Tina Broussard, City Clerk Kenneth R. Williams, City Manager Sharae Reed, City Attorney
The City Council of the City of Beaumont, Texas, met in a Special session in strict compliance with
the Texas Open Meetings Act, Texas Government Code, Chapter 551 on July 16, 2024, at the City
Hail Council Chambers, 801 Main Street, Beaumont, Texas, at 1:30 p.m. to consider the following:
OPENING
Invocation Pledge of Allegiance Roll Call
Proclamations, Presentation and Recognition
Public Comment: Persons may speak on the Consent Agenda/Regular Agenda item No. 1.
(or any other topic).
Mayor Pro Tem Turner called the council meeting to order at 1:30 p.m.
Pastor J.W. Richards with I_ifePoint Church gave the invocation. Mayor Pro Tem Turner led the
Pledge of Allegiance. Roll call was made by Tina Broussard, City Clerk.
Present at the meeting were Mayor Pro Tem Turner, Councilmembers Durio, Getz, Feldschau and
Samuel (arrived at 2:04 p.m.). Absent: Mayor West and Councilmember Neild. Also, present were
Kenneth R, Williams, City Manager; Sharae Reed, City Attorney; Tina Broussard, City Clerk.
Proclamations, Presentation and Recognition
None
Public Comment: Persons may speak on the Consent Agenda/Regular Agenda Item No. 1. (or
any other topic). (Public comments can be heard or seen at the City of Beaumont website at
beaumonttexas.gov)
Cheryl Paige
Sandra Womack
Albert Harrison
Marvin Cash
Jerome Alexander
1410 W. Florida
11310 Fairfield St.
1240 Ashley
1882 Park
1118 Evalon st.
Beaumont TX
Beaumont TX
Beaumont TX
Beaumont TX
Beaumont TX
Minutes —July 16, 2024
Melissa Brandford No Address Given Beaumont TX
Jude Paredez 10620 Gage Rd. Beaumont TX
Addie Allen 9695 Gross Beaumont TX
CONSENT AGENDA
(Items placed on the Consent Agenda are considered routine in nature and are considered non -controversial.
The Consent Agenda can be acted upon in one motion, A consensus of the Council is required to remove any
item for discussion and separate action.)
None
REGULAR AGENDA
Council to consider an ordinance authorizing the issuance and sale of City of Beaumont,
Texas, Certificates of Obligation, Series 2024 in an estimated amount not to exceed $12
Million; levying taxes to provide for payment thereof; and containing other matters related
thereto.
On May 21, 2024, the Council authorized the publication of a notice of intention to issue the
Certificates of Obligation. Results of the sale will be presented by the City's Financial
Advisor, Dustin Traylor of RBC Capital Markets.
Interest is payable semiannually in March and September beginning March 1, 2025. LIMB
Bank, of Houston, Texas will serve as paying agent/registrar.
Delivery and receipt of the proceeds by the city are scheduled anytime from July 25 through
July 30, 2024.
Principal and interest is paid from the Debt Service Fund which is supported by property
taxes.
Approval of the ordinance.
Councilmember Getz moved to ADOPT AS AMENDED AN ORDINANCE ENTITLED AN ORDINANCE OF
THE CITY OF BEAUMONT, TEXAS, AUTHORIZING THE ISSUANCE AND SALE OF CITY OF BEAUMONT,
TEXAS, COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION, SERIES 2024 IN THE
AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $12,000,000; AUTHORIZING EACH OF THE
MAYOR, THE CITY MANAGER AND THE CHIEF FINANCIAL OFFICER TO APPROVE THE AMOUNTS,
INTEREST RATES, PRICES, AND TERMS THEREOF AND CERTAIN OTHER MATTERS RELATING
THERETO; LEVYING A TAX IN PAYMENT THEREOF; MAKING OTHER PROVISIONS REGARDING SUCH
CERTIFICATES OF OBLIGATION, INCLUDING AUTHORIZING THE PREPARATION AND DISTRIBUTION
OF ONE OR MORE PRELIMINARY OFFICIAL STATEMENTS, ONE OR MORE OFFICIAL STATEMENTS
AND MATTERS INCIDENT THERETO; AWARDING THE SALE OF THE CERTIFICATES; AUTHORIZING
THE EXECUTION AND DELIVERY OF ONE OR MORE PURCHASE AGREEMENTS; AUTHORIZING THE
EXECUTION AND DELIVERY OF A PAYING AGENTIREGISTRAR AGREEMENT; AUTHORIZING AND
CONFIRMING THE ENGAGEMENT OF CERTAIN PROFESSIONALS IN CONNECTION WITH THE
ISSUANCE OF THE CERTIFICATES OF OBLIGATION; FINDING AND DETERMINING THAT THE MEETING
AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; AND
ENACTING OTHER PROVISIONS RELATING THERETO. Councilmember ❑urio seconded the
motion a
�^fit, AYES, r MAYOR PRO TEM TURNER, COUNCILMEMBERS DURIO, GETZ, FELDSCHAU AND
SAMUEL
Minutes — July 16, 2024
NAYS: NONE
MOTION PASSED
ORDINANCE 24-034
COUNCILMEMBER COMMENTS (Counciimember comments can be heard or seen at the City
of Beaumont website at beaumonttexas,gov)
With there being no Executive Session, the meeting adjourned at 2:04 p,m.
Minutes — July 16, 2024