Speaker numbers apply only to this recording.
The Carrollton City Council convened on August 20, 2024, for a combined worksession and regular meeting. The worksession began at 5:45 PM in the Council Briefing Room and covered the FY 2025 Community Service Committee funding recommendations and the proposed budget, tax rate, and fee changes. The regular meeting, starting at 7:00 PM, included the approval of the consent agenda and no public comment. After the regular meeting, the worksession resumed to deliberate non-recurring budget items. The council also entered executive session for legal and personnel matters.
Just dull an annoyance all right. Welcome everyone to the uh August uh 20th City Council work session. Uh we're gonna go ahead and start. Um as we always do. We'll start with our consent agenda items. Uh item number eight is our minutes. Uh council any um comments credits to the minutes as present. All right, number nine is approval of RFQ two four-zero three nine for qualified hotel legislation consultant um to focus advocacy in the amount of a hundred and fifty thousand annually for a one-year uh agreement. This is for our uh strategy session a year ago, not this last one, but a year ago, um, where we really uh focused staff on economic development. Um earlier for during the year we had a presentation of um state legislation that includes a short list of city names that we want to be on. Our name should be up there with those other profile accounts, and so this is the contract to um uh con consultant rather to work that process for us for the next legislative session. Anything else to add? Okay, uh number 10 is consider a resolution authorizing the defeasance and redemption of a portion of the outstanding city of Carrollton Gen geo uh improvement and refunding bonds series 2015, approving and authorizing the extension of an escrow agreement for the deposit of funds and amount sufficient to defease such bonds uh and resolving other matters incident and related thereto providing an effective date. This yields of savings. I might just ask um uh Diana Vaughn to comment on defeasance for those listening at home. Tell us all if you can just give us a short um version of the feasible terms. We're like paying them off early. It's like that or early mortgage clause where you can pay off your mortgage early, but we'll actually save about one point six million in interest costs by doing it, and we'll maintain a stable debt service tax rate. So this went to the finance committee last month. Thank you, Mayor. The uh finance committee was in complete agreement that this is something unanimous that we should do, and I appreciate staff's focus on uh saving money and and uh keeping that uh debt rate where it is. Yes, perfect. Um so we're redeeming what four million seven twenty-five plus the ninety thousand interest uh for a total of four million eight one five. Um then I guess our remaining total will then be what twelve million nine seventy-two. Is that correct? Yes, so with uh six maturity banks left. Gotcha. Thank you. Okay, number 11, uh resolution authorizing the city manager to execute a professional services contract with bridge armor and association for engineering services related to the design and plan preparation of the quiet center number three downtown Carleton project in an amount not to exceed 575,000. Um we have we have about 37 crossings in Carrollton. Um we have um we have uh some of that has already been turned into quiet zone. Um this is uh in conjunction with the silver line and an additional amount of qu of zones will become quiet zones. Um but we're gonna still gonna have a handful of uh of uh areas that need to be turned quiet. And so we've been working with the RTC, uh Michael Morris and uh his staff to uh ultimately um potentially have them help fund some of that uh but we have to pay for the design, okay, to design it out.