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HomeMy WebLinkAboutMin - City Council - 1955 - 07/28 - RegularRegular meeting of The Town Councel Of The Town OF Allen. July 28 1955 Minutes read and approved: Members present: Mayor-V.B. Watson Aldermen-O.E. Lynge " R.G. Butler " Fred Day " R.R. Carroll " L.P. Speight Motion by Fred Day to transfure $500.00 from the GENERAL FUND too the INTEREST & SINKING FUND, for the purpose of taking care of the TAX BOND issue. sec by L.P. Speight, Five for / none against. Motion by R.G. Butler too fix a Resolution to liquidate the CONSTRUCTION FUND. Sec by O.E. Lynge, five for / none against. Motion to adjorn by R.G. Butler / sec by L.P. Speight. (signed by A.C. Story, secy.) TOWN OF ALLEN July 28, 1955 Regular Meeting Town Councel Town of Allen Present Members present: Mayor-V.B. Watson Aldermen-O.E. Lynge " R.G. Butler " Fred Day " R.R. Carroll " L.P. Speight A resolution introduced by R.G. Butler and second by L.P. Speight to liquidate the FUND known as the Town of Allen Water system Construction fund as provided for in the minutes of the June 29, 1954 paragraph VII. And of the provision of the minutes of may 12, 1955 of the Town Councel. This is to certify that their is in the said fund an amount of $1183.79, and that the improvements are completed as outlined by the Twon Councel and the engineers, and that upon certification of the completion by Koch & Fowler engineers, the amount of said fund be proroted $369.93 to the interest & sinking fund of the TAX BOND issue, and $813.-- to the EMERGENCY FUND of the Revenue Bond issue as provided in paragraph VII of the minutes of June 29 1954. Passed and approved this the 28 day of July 1955. (signed by V.B. Watson, Mayor & A.C. Story, secy.) We hereby certify that the water works system for the City of Allen, Texas has been substantially completed in accordance with the plans and specification prepared by us. (signed by Jas D. Fowler, with Koch & Fowler)