285 CITY OF AUSTIN, TEXAS 235 NOTICE OF SPECIAL MEETING TO THE MEMBERS OF THE CITY COUNCIL OF THE CITY OF AUSTIN: Notice is hereby given that a Special Meeting of the City Council of the City of Austin will be held on the 28th day of April, 1958, at the Municipal Building, Eighth and Colorado, in Austin, Texas, at 3:00 P.M. for the purpose of discussing the proposed bond issue, and discussing City participation with the State on South-belt Loop near Bergstrom Field. (Sgd) Elsie Woosley City Clerk ATTEST: (Sgd) Elsie Woosley City Clerk (Sgd) Tom Miller Mayor City of Austin, Texas CONSENT TO MEETING We, the undersigned members of the City Council, hereby accept service of the foregoing notice, waiving any and all irregularities in such service and such notice, and consent and agree that said City Council shall meet at the time and place therein named, and for the purpose therein stated. (Sgd) Wesley Pearson (Sgd) Emma Long (Sgd) Ben White 286 CITY OF AUSTIN, TEXAS MINUTES OF THE CITY COUNCIL CITY OF AUSTIN, TEXAS Special Meeting April 28, 1958 3:00 Ρ.Μ. Council Chamber, City Hall The meeting was called to order with Mayor Miller presiding. Roll call: Present: Councilmen Long, Pearson, White, Mayor Miller Absent: Councilman Palmer Present also: W. T. Williams, Jr., City Manager; Doren R. Eskew, City Attorney; Reuben Rountree, Jr., Director of Public Works. Present were members of the Chamber of Commerce, the Junior Chamber of Commerce, Mr. Tinsley, Municipal Advisory Council; and members of the Trade Council. The Mayor announced that this was a special meeting of the City Council for the purpose of discussing the proposed bond issue, and discussing City participation with the State on South-belt Loop near Bergstrom Field. Mayor Miller briefly outlined the Administration's request based on the needs for expansion of the electric utilities. The City Manager gave a resume of the growth of the system since the World War II, and the expansions made through previous bond issues. He explained a chart showing what the City now has, and what it needs. To substantiate figures made by the departments, Ebasco Services, a consulting firm, was employed to make a study of the plant. This firm assured the City that the present trend would continue for another five years, and recommended a 100,000 KW unit installation. The City Manager explained a Chart showing Revenue and operating costs of the plant. He listed the good rating Austin had on its revenue bonds and the good standing of the system. The proposal now was to issue $20 Million of bonds over a two year period, $13 Million for the Power Plant, and $7 Million for the Distribution System. He showed how part might be used on the low water dam through installation of a small generator there which would help pay for the dam, which already had $1,250,000 tax bonds authorized in 1946. The Director of Finance went over figures showing the estimated operating revenues for a five year period (1959-1963) and Statement of Debt Service Requirements to Net Income; also Statement of the Disposition of Net Income for 1959 and 1960; Property Additions for 1959 and 1960; Statement of Proposed 287 287 CITY OF AUSTIN, TEXAS= Capital Improvements for the Fiscal Years 1959-1963, and Value of the three systems from September 30, 1955 until March 31, 1958. Different ones in the group made inquiries as to the proposed power plant's design for future expansion; as to how the $20,000,000 figure was determined; as to predictions for more than a two year period; as to the plants' ability to convert to atomic or other types of energy; and a few other questions. Answers were made. MR. BLUESTEIN stated he and a number present had been sold on this project. MR. KENT RIDER, Past President of the Chamber of Commerce, and MR. REX SHIELDS, President of the Chamber of Commerce; MR. M. H. CROCKETT, JR., President of the Junior Chamber of Commerce, and FRANK WALLING, Trades Council, stated they were all for this issue and were ready to go ahead on it right away. MR. BLUESTEIN appeared in the interest of City Participation in the acquisition of right-of-way on the South Belt Loop near Bergstrom Field. Councilman Long offered the following resolution and moved its adoption: (RESOLUTION) BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF AUSTIN: That the attached contract marked Exhibit "A" and made a part hereof in all respects between the State of Texas and the City of Austin, providing for the contribution of the fixed sum of Thirty-Five Thousand Dollars ($35,000.00) as the whole cost to the City of Austin of the acquisition of right of way on Loop 293 in connection with the adjustment of the highway system to accommodate Bergstrom Field be and the same is hereby approved, and W. T. Williams, Jr., City Manager, is hereby authorized to execute the same on behalf of the City of Austin and to transmit therewith to the State of Texas the sum of Thirty-Five Thousand Dollars ($35,000.00). (Attached contract) "STATE OF TEXAS COUNTY OF TRAVIS , THIS AGREEMENT, made this day of 1958, by and between the City of Austin, Texas, hereinafter called the "City", Party of the First Part, acting by and through its City Manager and the State of Texas, hereinafter called the "State", Party of the Second Part, acting by and through its State Highway Commission. "WHEREAS, the City will contribute a fixed amount of Thirty Five Thousand and No/100 Dollars ($35,000.00), towards the acquisition of right of way on Loop 293 in connection with the readjustment of the Highway System to accommodate the airport development (Bergstrom Field), and "WHEREAS, the City by the execution of this agreement agrees to the terms and conditions of State Highway Commission Minute No. 43832, as it applies to the City, a copy of which is attached hereto and marked "Exhibit A" and made a part of this agreement. "NOW THEREFORE, it is understood that the City will contribute a fixed amount of Thirty Five Thousand and No/100 Dollars ($35,000.00), towards the _ CITY OF AUSTIN, TEXAS 288 288 acquisition of right of way on Loop 293 in connection with the readjustment of the Highway System to accommodate the airport development (Bergstrom Field). The City will transmit to the State with the return of this agreement, executed by the City, a warrant made payable to the State Treasurer, Account of Trust Fund No. 927 in the amount of Thirty Five Thousand and No/100 Dollars ($35,000.00) It is further understood that the City by the execution of this agreement agrees to the terms and conditions of State Highway Commission Minute No. 43832, as it applies to the City, a copy of which is attached hereto and marked "Exhibit A" and made a part of this agreement. "IN TESTIMONY WHEREOF, the parties hereto have caused these presentsto be executed in duplicate on the day above stated. By: "CITY OF AUSTIN Party of the First Part City Manager ATTEST: STATE OF TEXAS STATE HIGHWAY COMMISSION Party of the Second Part Certified as being executed for the purpose and effect of activating and/or carrying out the orders established policies, or work programs heretofore approved and authorized by the State Highway Commission: City Clerk By: State Highway Engineer under authority of Commission Minute 30665 Recommended for execution: Engineer of Aid Projects "WHEREAS, in TRAVIS COUNTY on LOOP 293, the 1956 Consolidated Highway Program contained an item authorizing construction between State Highway 71 and U. S. 81 Business Route; and "WHEREAS, during the acquisition of rights of way by the local governments and development of plans by the Department, Federal authorities advised the Department that a proposed expansion of Bergstrom Field would interfere with the proposed interchange for Loop 293, State Highway 71 and U.S. 183; and "WHEREAS, the Department, through the District Engineer, officially advised the City of Austin and Travis County of the conflict between the highway project and the airport project and requested that acquisition of rights of way cease east of a point near Riverside Drive; and, "WHEREAS, it became necessary to initiate negotiations between officials of the Departmentand Federal officials to determine the share of the cost of rights of way to be borne by Federal authorities for the readjustment of the Highway System toaccommodate the airport development and the share the cost to be borne by agencies acquiring land for highway development; and WHEREAS, after exhaustive engineering studies this division of cost was determined to be 82.8% for the Federal government and 17.2% for agencies acquiring rights of way for highway purposes; and CITY OF AUSTIN, TEXAS 289 239 "WHEREAS, under existing policies of the Texas Highway Department, the local governmental agencies are required to acquire rights of way for noninterstate highway purposes, the State bearing the cost; and "WHEREAS, because of the cost participation by the Federal government, the processes for acquiring rights of way under Minute No. 42113 are not readily applicable to this project. "NOW, THEREFORE, BE IT ORDERED that the State Highway Engineer be hereby directed to receive from the local governmental agencies the sum of $35,000.00 which is determined to be of the estimated cost of right of way for highway development as outlined above and proceed to purchase the necessary right of way. "IT IS FURTHER ORDERED that when plans are complete and all right of way has been acquired, the State Highway Engineer proceed with the development of proposed interchange project at a total estimated cost of $1,689,900.00 including available Federal access funds in the amount of $889,100.00. "Minute No. 43832 April 24, 1958 vote: "EXHIBIT A" The motion, seconded by Councilman Pearson, carried by the following Ayes: Councilmen Long, Pearson, White, Mayor Miller Noes: None Absent: Councilman Palmer The Council had before it a deed from the ROADMAC CORPORATION, deeding some land for right-of-way for Northeast Drive, which was a part of the Purnell tract, Wonsley tract, Louis C. Page, Trustee; (deed signed by ROADMAC CORP. by Dr. Raleigh Ross, R. J. Wonsley, Louis C. Page, Jack B. Adams) and an agreement whereby the City was to agree within two years to open the readway, cut to grade, gravel to a depth of approximately 8" and apply a double penetration of asphalt topping to a 40' roadbed; place drainage tiles; and the Corporation provides a drainage easement. (Extension of Anderson Lane from where Anderson Lane and Purnell Drive intersect in easterly direction to Interregional Highway). Councilman Long moved that the City Manager be instructed to accept the instruments as drawn and have them recorded. The motion, seconded by Councilman White, carried by the following vote: Ayes: Noes: Councilmen Long, Pearson, White, Mayor Miller None Absent: Councilman Palmer The Mayor announced that the Council would probably call a Bond Election this coming Thursday, and that publicity be given telling everyone who was interested to come to the meeting. 290 233 CITY OF AUSTIN, TEXAS There being no further business, the Council adjourned at 5:30 P.M., subject to the call of the Mayor. ATTEST: Blei ales City Clerk APPROVED Jon Mille Mayor