MINUTES OF WORKSHOP: JANUARY 3, 2023 Mayor Muska called the workshop to order at 5:31 pm.  City Auditor, Bill Sanders was present and went over the 2021 - 2022 fiscal year financial audit. Overall, the city is in a healthy financial position. Total assets for both funds are at $30,154,862. Total current liabilities for both funds are at $839,861. The total net position for the governmental activity fund (general fund) is $7,093,557 and the total net position for the business fund (water/sewer) is  $18,297,396. The total net position for the city is $25,390,953. The total of general revenues was $3,183,260 for the year.  Interfund transfers between general fund and water/sewer were $314,966 due to the purchase of the new fire truck ($285,000). There was a prior period adjustment of $380,371 which TDEM paid us $400,000 for costs that occurred in 2020-2021 which was paid out of a prior years fiscal budget. The fund balance for our general fund at year end was $926,693. The total fund revenues for the year were $1,847,812. The cost of water purchased was $253,048 leaving a gross profit of $1,594,764.  As of September 30, 2022, the City's deposits with financial institutions in excess of federal depository insurance limits were fully collateralized. The book balances of the City's deposits were $3,440,966, of which $500,000 were covered by FDIC insurance and $2,940,966 were collateralized by United States Government securities and other securities with market values of $3,689,237, held by one of At September 30, 2022, the City's investments in LOGIC totaled $4,359,501, and were rated AAA by Standard & Poor's. This is the highest rating you can achieve. Restricted assets include $226,910 in revenue bond certificate funds and Governmental activities had a balance of $4,887,977 in net capital assets. The proprietary fund (water/sewer) had $14,658,351 in net capital assets.  the financial institutions and one independent institution.  $1,097,567 in the disaster recovery funds.  Depreciation recognized during the year was $737,830. costs of the Wastewater Treatment Plant Project.  Construction in progress as of September 30, 2022 was $486,284, consisting of The total of debt transactions for the city were $4,164,445. The 2012 Tax and Revenue Refunding Bonds pays off March 2023, this is the final payment. Steven Adams with Specialized Public Finance presented a financing overview of potential certificates of obligation - Series 2023. Tonight's action would be to authorize the publication of intent to issue the certificates in a newspaper. State    law requires two publications on the same day of the week in two consecutive weeks. The council can sell the certificates 45 days after the initial publication. His presentation shows two options for funding the sale of the certificates, one with only water and sewer revenues, and one with using a portion of the current interest and sinking tax rate to fund a portion of the debt service to minimize the  water and sewer rate impact. The workshop ended at 5:58 pm.  MINUTES OF MEETING: JANUARY 3, 2023  1. Call to order: Mayor Muska called the meeting to order at 6:03 pm. 2. Joe Pustejovsky gave the invocation and Mayor Muska recited the pledge. 3. Roll Call: present council members - Natalie Kelinske, Cody Harris, David 4. On a motion by David Pratka, seconded by Cody Harris; Approve minutes 5. On a motion by Joe Pustejovsky, seconded by Natalie Kelinske; Approve 6. Onar motion by David Pratka, seconded by Natalie Kelinske; Approve  Pratka, Joe Pustejovsky, Matt Miller, and Mayor Tommy Muska. of December 6 and December 12, 2022. All in favor, motion carried.  bills for December 2022. All in favor, motion carried.  monthly departmental reports. All in favor, motion carried.  7. There were no citizen comments.  8. Bill Sanders recapped the 2021-2022 financial audit. Overall, the city is fiscally healthy. On a motion by Natalie Kelinske, seconded by Joe Pustejovsky; 9. On a motion by Joe Pustejovsky, seconded by Matt Miller; Approve resolution directing publication of notice of intention to issue Combination Tax and Revenue Certificates of Obligation; and resolving other matters relating to the 10. Chief White was asked to research the curve on Holt/Davis Street. Resident, Donna Davis requested a speed bump or slow curve sign due to reckless drivers. She and another fellow neighbor have witnessed drivers driving at high/dangerous speeds. Chief White doesn't believe that this area is an issue, there have been no accidents recorded for that particular area. He stated that the you can't go more than 20 mph around it. Ifsomeone is speeding, then they are  Approve 2021 - 2022 financial audit. All in favor, motion carried.  subject. All in favor, motion carried.  doing it recklessly. No action was taken.  11. Chief White quoted the state statue from the Texas Transportation code requiring golf carts to have a Texas issued license plate. He recommends taking our current ordinance and adding in the state statue. Ona motion by David Pratka, seconded by Matt Miller; Approve revision of Article 12.06 Golf    Carts and off-highway vehicle use adding in state statue requiring golf carts to 12. The basketball courts at the City Park are in dire need of some improvements due to negligence from park patrons. All 4 of the basketball goals need to be replaced as well as installing new anchor sets in the poles due to teens hanging on the basketball goals. The city will be installing new cameras for the park area to hopefully deter this behavior in the future. David Boen received a quote from NexCourt of $11,012.50 which includes removal of the 4 existing hoop systems, core drilling 6" holes at each hoop to allow for new anchors, installing new anchor sets in the core drilled holes with new concrete, installing new rim hardware sets and new rims, and installing new backboard pads on each backboard. On a motion by David Pratka, seconded by Natalie Kelinske: Approve bid from NexCourt afs11,012.50toinstal. and repair all 4 basketball goals. All in favor, motion carried. 13. On a motion by Joe Pustejovsky, seconded by Matt Miller; Approve the $4,482 quote from Child's Play, Inc. for 76.9 'cubic feet of supersack rubber mulch  have a Texas issued license plate. Allin favor, motion carried.  for the City Park. All in favor, motion carried.  14. Mayor Muska received landscaping quotes from GreenLife Nursery and Landscaping for the Welcome to West Sign and the Community Center. The city sign quote came in at $9,023.18 which includes metal edging, platinum beauty lomandra, Oklahoma flagstone slab, cotoneaster, eagleston holly, variegated yucca, masonry cement, weed block grass cloth and staples, granite gravel, blackstar basalt, and labor. The Community Center quote came in at $3,679.92 which includes medium and large river rock, weed blocks, staples, and labor. Natalie Kelinske suggested that we put this out for bid in the paper to see if any  local companies would be interested. No action was taken.  15. Frontier Waste Solutions is implementing a price increase on city trash services effective February 1, 2023. The residential price increase will be $1.10 and the commercial hand load increase will be $1.63. On a motion by Natalie Kelinske, seconded by David Pratka; Approve the price increase from Frontier Waste Solutions pending city attorney's review of current contract. All in favor,  motion carried.  16. The city has a set service feè of $50 for turning water on or off at meter at the customer's request. Recently we have had an influx of these requests due to  weather conditions. The city is enforcing this, no action taken.  17. Executive Session: Under the provisions of Government Code 551, the 1). Executive Session: A closed meeting will be held pursuant to Section 551.074 ofthe Government Code (V.C.T.A.) to address legal enforcement of  Council will meet in Executive Session to discuss:  city ordinances.  *Council went into executive session at 7:20 pm    *Council adjourned out of executive session at 7:45 pm.  18. Address legal enforcement of city ordinances, no action was taken. 19. There were no council member comments and requests for future agendas.  20. Council adjourned at 7:48 pm.  Tomimy Muska, Mayor  S  6Ou Shelly Nors, City Secretary