City of Canyon Commission Meetings

AGENDA NOTICE OF MEETING Notice is hereby given that the governing body of the City of Canyon will meet at 4:30 p.m. on the 21st day of October 2019, in the Commission Chambers of City Hall at 301 16th Street in the City of Canyon to discuss the following agenda items: 1. Call to Order. 2. Invocation. 3. Pledge of Allegiance. 4. Approval of the Minutes of the Meeting of October 7, 2019. 5. Public Comment – Comments from Interested Citizens. 6. Presentation of a Life Saving Award to Two Police Officers by Chief Dale Davis. 7. First Reading of Resolution No. 16-2019, A Resolution of the City Commission of the City of Canyon Approving Real Estate Sale and Purchase Contract Between Charles Eugene Cooper dba Cooper Investments and Canyon Economic Development Corporation Relating to the Property Located at 1601-1607 4th Ave, Canyon, Texas. 8. Conduct a Public Hearing and Consider and Take Appropriate Action on Ordinance No. 1118, Rezoning Lots 21 Through 42, block 3, Canyon East Unit No. 7, An Ordinance of the City Commission of the City of Canyon, Texas, Rezoning Lots 21 Through 42, Block 3, Canyon East Unit No. 7, An Addition to the City of Canyon, Randall County, Texas, Providing That the Zoning Classification Be Posted Upon the Zoning District Maps of the City of Canyon, Providing That All Ordinances or Parts of Ordinances in Conflict Herewith are Expressly Repealed, and Providing for an Effective Date. 9. Conduct Public Hearing and Consider and Take Appropriate Action on a Plat for Canyon East Unit No. 7. 10. Consider and Take Appropriate Action on Quarterly Finance Report by Finance Director Chris Sharp. 11. Consider and Take Appropriate Action on Quarterly Investment Report by Finance Director Chris Sharp. 12. Executive Session Pursuant to §551.071 Consultation with Attorney, §551.072 Deliberation Regarding Real Property, and §551.074 Personnel Matters (City Manager Contract, City Engineer, and City Attorney). 13. Consider and Take Appropriate Action on Items Discussed in Executive Session. 14. Adjourn. Joseph Price Joseph Price, City Manager I certify that the above Notice of Meeting was posted on the bulletin board of the Civic Complex of the City of Canyon, Texas on the 18th day of October 2019. Gretchen Mercer, City Clerk City of Canyon City Commission Meeting October 7, 2019 The City Commission of the City of Canyon met in special session at 4:30 pm in the City Commission Chambers of the Civic Complex. Mayor Gary Hinders presided over the meeting with the following Commissioners in attendance, Mayor Pro-Tem Cody Jones, Roger Remlinger, Paul R. Lyons and Randy Ray. Also present were the following City Staff: Interim City Manager Jon Behrens, City Secretary Gretchen Mercer, Planning and Development Director Danny Cornelius, Finance Director Chris Sharp, Business and Community Development Director Evelyn Ecker, Library Director Janice Doan, Director of Public Works Dan Reese, Parks Director Brian Noel, Economic Development Board President Don Lee, and City Attorney Chuck Hester. Item 1. Call to Order. Mayor Hinders called the meeting to order at 4:36 p.m. Item 2. Invocation. Mayor Pro-Tem Jones gave the invocation. Item 3. Pledge of Allegiance. The Pledge of Allegiance was led by Mayor Hinders. Item 4. Approval of Minutes of the City of Canyon Commission Meeting of September 23, 2019. Commissioner Ray moved, duly seconded by Mayor Pro-Tem Jones to approve the minutes of September 23, 2019 as presented. Motion carried unanimously. Item 5. Public Comment – Comments From Interested Citizens. Kyle Joy – 14 Quay Lane. Mr. Joy expressed concern over how high water bills have been. Michael Wilhelm – 16 Quay Lane. Mr. Wilhelm expressed concern over how high water bills have been. Mayor Hinders moved to Item 7. Item 7. Consider and Take Appropriate Action on Resolution No. 17-2019 Regarding Nominations for Potter-Randall Appraisal District Directors. Interim City Manager Jon Behrens presented Resolution No. 17-2019 for consideration. After discussion, Commissioner Lyons moved, duly seconded by Mayor Pro-Tem Jones to nominate Tim Gilliand, James Barrington and Joe Shehan to the Potter-Randall Appraisal District Board of Directors. Motion carried unanimously. City Commission Meeting October 7, 2019 Page 2 of 3 RESOLUTION NO. 17-2019 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF CANYON, TEXAS IN ORDER TO MAKE NOMINATIONS TO THE BOARD OF DIRECTORS OF RANDALL COUNTY APPRAISAL DISTRICT. Item 8. Consider and Take Appropriate Action on Ordinance No. 1114, an Ordinance Amending the Code of Ordinances of the City of Canyon, Chapter 150, Section 150.55 to Revise Procedures and Regulations Concerning Substandard Structures; Repealing Chapter 50, Section 50.16, Unlawful Accumulations; Repealing Chapter 95, Sections 95.10, 95.11, 95.12, 95.13, 95.14, and 95.15 Relating to Weeds; Amending Section 150.56 Regulating Accumulation of Trash and Excess Vegetation. Planning and Development Director Danny Cornelius presented Ordinance No. 1114 for consideration. Mr. Cornelius stated Ordinance No. 1114 would combine all the weed, accumulation and substandard structure violation and abatement procedures under one chapter. Mr. Cornelius stated it would also add enforcement authority 5,000’ from the city limits, provide for a 60 day provisional permit procedure for owner abatement of substandard structures and accumulations; grant owners 30 day right to appeal a City Commission order to abate substandard structures; change the weed violation to 8” from 12”; and accumulations may be abated by the Building Official with an administrative search warrant. After discussion, Commissioner Remlinger moved, duly seconded by Mayor Pro-Tem Jones to approve Ordinance No. 1114 as presented. Motion carried unanimously. ORDINANCE NO. 1114 Abatement of Substandard Structures; Accumulation of Trash and Excess Vegetation AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF CANYON, TEXAS; AMENDING THE CODE OF ORDINANCES OF THE CITY OF CANYON, CHAPTER 150, SECTION 150.55 TO REVISE PROCEDURES AND REGULATIONS CONCERNING SUBSTANDARD STRUCTURES; REPEALING CHAPTER 50, SECTION 50.16, UNLAWFUL ACCUMULATIONS; REPEALING CHAPTER 95, SECTIONS 95.10, 95.11, 95.12, 95.13, 95.14, AND 95.15 RELATING TO WEEDS; AMENDING SECTION 150.56, REGULATING ACCUMULATION OF TRASH AND EXCESS VEGETATION; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEALER; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEALER; PROVIDING A PENALTY; PROVIDING FOR PUBLICATION AND EFFECTIVE DATE. Mayor Hinders moved to Item 6. Item 6. Consider and Take Appropriate Action on Proposed CEDC Budget for 2019-2020 with Financial Update. City Commission Meeting October 7, 2019 Page 3 of 3 Business and Community Development Director Evelyn Ecker gave an overview of the financial status of the Canyon Economic Development Corporation and the proposed CEDC budget for 2019-2020. After discussion, Mayor Pro-Tem Jones moved, duly seconded by Commissioner Ray to approve the 2019-2020 Canyon Economic Development Corporation Budget as presented. Motion carried unanimously. Item 9. Executive Session Pursuant to §551.071 Consultation with Attorney, 551.072 Deliberation Regarding Real Property, §551.087 Economic Development Negotiations and §551.074 Personnel Matters (City Manager Contract), Mayor Hinders indicated the Commission would adjourn into Executive Session at 5:21 pm. Item 10. Consider and Take Appropriate Action on Items Discussed in Executive Session. Upon returning from Executive Session at 6:25 pm, no action was taken. Item 11. Adjourn There being no further business, Commissioner Remlinger moved this meeting be adjourned at 6:25 pm. ______________________________ Gary Hinders, Mayor ATTEST: ________________________________ Gretchen Mercer, City Secretary REGARDING ITEM 6 AGENDA To: Joe Price; City Manager From: Dale Davis, Chief of Police Date: 10/21/2019 Re: Presentation of a Life Saving Award to Two Police Officers by Chief Dale Davis. On August 6, 2019, Sgt. Carlos Hernandez and Officer Nicolas Trejo were dispatched to a medical call at 47 Northridge Drive. Upon entry into the residence, the officers located a man unconscious laying on the living room floor. The patient had suffered cardiac arrest. Sgt. Hernandez had taken an AED with him and both officers immediately took life saving measures. The AED was attached to the victim’s chest and CPR began with both officers following the CPR and AED protocols. A shock to the patient was administered. The life saving measures taken by the officers resulted in a successful resuscitation of the patient. The patient was taken to the hospital where he spent several weeks. I am pleased to report that the man survived, thanks to the quick arrival and life saving measures administered by our first responders. The Canyon Police Department, Canyon Fire Department, and EMS worked jointly together to save a life. What transpires at the onset of any event can play a significant role in a successful outcome. The actions taken on August 6, 2019 justifies the presentation of the Canyon Police Department lifesaving bar. These officers were nominated by Lt. Matthew Coggins, and Capt. John Woodard, who at the time was employed by the Canyon Fire Department. Life Saving Recognition goes to: Sgt. Carlos Hernandez 13-year veteran Currently the Midnight shift supervisor Officer Nicholas Trejo 2 ½ year veteran Hired from Dumas P.D. Been with Canyon PD since July 15, 2019 Assigned to the Evening Shift The patient was Monte Winders. It is possible that Mr. Winders will attend the City Commission meeting when the presentation takes place. Respectfully, Dale Davis Chief of Police City of Canyon REGARDING ITEM 7 AGENDA TO: Joe Price, City Manager FROM: Evelyn Ecker, Business and Community Development Director DATE: October 18, 2019 SUBJECT: First Reading of Resolution No. 16-2019 With Regards to Approving Real Estate Sale and Purchase Contract Between Charles Eugene Cooper dba Cooper Investments and Canyon Economic Development Corporation Relating to the Property Located at 1601-1607 4th Avenue, Canyon, Texas. The Canyon Economic Development Corporation unanimously voted to approve and pursuit the purchase of the property located at 1601, 1603, 1605 and 1607 4th Avenue. The meeting date for approval was August 28, 2019. The total cost of the property purchase is $435,0000. The public hearing for this project was held September 12th during the posted meeting of the CEDC. There was not any opposition for the project funding. The contract states the closing of the property will be on or before November 15th, 2019. The CEDC is using Government Capital Corporation for the purchase. This is the first of two required readings. The second reading and request for adoption would November 4, 2019. RECOMMENDED ACTION First reading only, no action required. City of Canyon  RESOLUTION NO. 16-2019 RESOLUTION OF THE CITY COMMISSION OF THE CITY OF CANYON APPROVING REAL ESTATE SALE AND PURCHASE CONTRACT BETWEEN CHARLES EUGENE COOPER dba COOPER INVESTMENTS AND CANYON ECONOMIC DEVELOPMENT CORPORATION RELATING TO THE PROPERTY LOCATED AT 1601 – 1607 4TH AVENUE, CANYON, TEXAS. WHEREAS, on September 12, 2019 the Canyon Economic Development Corporation (“CEDC”) conducted a public hearing regarding the use of sales and use tax revenues collected pursuant to the Development Corporation Act of 1979, TEX. LOC. GOV'T CODE CHAPTERS 501- 505, (“the Act”) and to consider purchase of property in the central business district of Canyon, specifically 1601 – 1607 4th Avenue, for the principal purpose of developing, stabilizing, diversifying, and expanding the economy through the retention, recruitment, and expansion, of employment opportunities of the citizens of Canyon and the surrounding area; and, WHEREAS, the City Commission of the City of Canyon, Texas, finds it to be in the public interest for CEDC to close and fund the purchase and sale of the real property described as Lots 11, 12, 13 and 14, Block 33 Original Town of Canyon, Randall County, Texas as contemplated by that one certain Real Estate Sale and Purchase Contract dated September 5, 2019 wherein Charles Eugene Cooper dba Cooper Investments is Seller and CEDC is the Buyer. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CANYON, TEXAS: That the above described Real Estate Sale and Purchase Contract is approved and an officer of CEDC designated by the board is authorized to close and fund the sale on behalf of CEDC. The sales tax revenue collected pursuant to “the Act” by CEDC may be used for acquisition of the real property above described. CEDC is further authorized to secure financing for the purchase price of the property through Government Capital Corporation in the amount authorized by the CEDC Board up to the total purchase price of the property. The sales tax revenue referred to in this Resolution shall be the revenue on deposit in Sales Tax Improvement Fund (Fund 40) for direct costs related to the project. INTRODUCED at the First Reading on the 21st of October, 2019, and Adopted following the Second Reading on the 4th of November, 2019. ________________________________ GARY HINDERS, MAYOR ATTEST: _______________________________ Gretchen Mercer, City Clerk REGARDING ITEM 8 AGENDA To: Joe Price, City Manager From: Danny Cornelius, Director of Planning and Development Date: October 21, 2019 Re: Conduct a Public Hearing and Consider and Take Appropriate Action on Ordinance No. 1118 to Rezone the Lots 21 through 42, Block 3 of the Proposed Canyon East Unit No. 7 to SF-S (Single-Family Suburban Residential District) from RC-1 (Retail District). Mike Standefer of Fortress Construction, LLC recently submitted a plat for Canyon East Unit No. 7 and an application for a change in zoning. The property currently platted as one lot and zoned RC-1 (Retail District). Mr. Standefer plans to build single-family homes on Lots 21 – 42. The remaining north lot (Lot 1A) would remain RC-1 District. We will need to hold a public hearing and take action on the zoning change before the plat can be considered. The Planning and Zoning Commission voted unanimously to recommend approval of the zoning request; Ordinance No. 1118. City of Canyon  Planning and Zoning Commission Meeting Minutes – October 14, 2019 The Planning and Zoning Commission of the City of Canyon in the City Commission Chambers of the Civic Complex. Chairman Bill Craddock presided over the meeting with the following Commissioners in attendance: Larry Raemakers, Mandy Williams, Charles Munger, Lori Wilhite, and Joel Enriquez. Jeremy Bradford, Bobbie Jo Krutsch, and Tim Gilliland were unable to attend. Director of Planning and Development Danny Cornelius was also present. Item 1: Call to Order. Chairman Craddock called the meeting to order at 4:05 pm. Item 2: Approval of Minutes from the August 26, 2019 Meeting. Commissioner Munger moved, duly seconded by Commissioner Williams, to approve the minutes from the August 26, 2019 meeting. The motion passed unanimously. Item 3: Conduct a Public Hearing and Consider and Take Appropriate Action on Rezoning Lots 21 through 42, Block 3 of the Proposed Canyon East Unit No. 7 to SF-S (Single- Family Suburban Residential District) from RC-1 (Retail District). Mike Standefer of Fortress Construction, LLC submitted a plat for Canyon East Unit No. 7 and an application for a change in zoning. The property is currently platted as one lot and zoned RC-1 (Retail District). Mr. Standefer plans to build single-family homes on Lots 21 – 42. The remaining north lot (Lot 1A) would remain RC-1 District. Chairman Craddock opened the public hearing at 4:07 pm. Mike Standefer presented the request. They plan to restrict the dwellings to 1600 sq ft minimum. Other deed restrictions will blend existing Canyon East development. James Dillehay of 35 Quay Lane addressed the Commission. His primary concerns were the type of homes to be built, low water pressure in the development, and drainage to the alley north of Quay. He stated he would prefer 1800 sq ft minimum for dwellings and would oppose any rear entry driveways. Michael Wilhelm of 16 Quay Lane addressed the commission. His primary concerns were water pressure, lack of tornado sirens in Canyon East, and property values. He also preferred 1800 sq ft minimum dwellings. Dustin Davis with GDI Inc. addressed the commission. GDI prepared the plat and drainage study for the proposed plat. He stated the drainage to the alley would be improved since the development was designed to drain away from it. The development is not designed with rear entry drives. Planning and Zoning Commission Meeting October 14, 2019 Page 2 of 2 Mike Standefer further clarified that the homes will not be “garden homes”. They will be built on 62’ lots with 5’ side yard setbacks. He stated that, although the minimum square footage would be 1600, many homes built would probably exceed 1800 sq ft. Chairman Craddock closed the public hearing at 4:26 pm. After discussion, Commission Enriquez moved, duly seconded by Commissioner Munger to recommend approval of the zoning. The motion passed unanimously. Item 4: Conduct a Public Hearing and Consider and Take Appropriate Action on a Plat for Canyon East Unit No. 7. The Commission considered the plat for Canyon East Unit No. 7. Chairman Craddock opened the public hearing at 4:32 pm. There being no one present wishing to speak, the public hearing was closed. After discussion, Commissioner Munger moved, duly seconded by Commissioner Wilhite to recommend approval of the plat. The motion passed unanimously. Item 5: Adjourn. Chairman Craddock adjourned the meeting at 4:35 pm. Bill Craddock, Chairman Planning and Zoning Commission ATTEST: Gretchen Mercer, City Clerk Canyon East Unit No. 7 Data displayed were gathered 10/07/19 08:15 by the City of Canyon for municipal purposes. No guarantee is made regarding suitability for any other use or purpose. Canyon East Unit No. 7 Data displayed were gathered 10/07/19 08:20 by the City of Canyon for municipal purposes. No guarantee is made regarding suitability for any other use or purpose.  ORDINANCE NO. 1118 Rezoning Lots 21 through 42, Block 3, Canyon East Unit No. 7 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF CANYON, TEXAS, REZONING LOTS 21 THROUGH 42, BLOCK 3, CANYON EAST UNIT NO. 7, AN ADDITION TO THE CITY OF CANYON, RANDALL COUNTY, TEXAS, PROVIDING THAT THE ZONING CLASSIFICATION BE POSTED UPON THE ZONING DISTRICT MAPS OF THE CITY OF CANYON, PROVIDING THAT ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH ARE EXPRESSLY REPEALED, AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Planning and Zoning Commission conducted a public hearing on October 14, 2019 for the purpose of considering rezoning certain properties situated in the City of Canyon. All owners of property within 200 feet, as indicated by the most recently approved municipal tax roll of real estate property, were given written notification, and opportunity to be heard, and proper notice by publication was given through the local newspaper in accordance with City Charter provisions, the Code of Ordinances and the Texas Local Government Code; and WHEREAS, the Planning and Zoning Commission has recommended rezoning the properties from RC-1 (Retail District) to SF-S (Single-Family Suburban Residential District); and WHEREAS, the City Commission conducted a public hearing at its regular meeting and considered the recommendation by the Planning and Zoning Commission for rezoning; and WHEREAS, the passage, promulgation, and enforcement of the provisions herein contained are deemed necessary and advisable for the promotion of the general welfare of the community to carry out the governmental powers delegated to and possessed by the City of Canyon; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CANYON, TEXAS: SECTION 1. The City Commission finds that SF-S (Single-Family Residential Suburban District) would be more appropriate than RC-1 (Retail District) zoning for the properties in question. SECTION 2. That Lots 21 through 42, Block No.3 of Canyon East Unit No. 7 are hereby zoned SF-S (Single-Family Suburban Residential District). SECTION 3. That this Zoning classification be posted upon the Zoning District maps of the City of Canyon and filed with the City Secretary and Building Inspector of the City of Canyon. SECTION 4. Severability. If any provision, section, subsection, sentence, clause, or the application of the same to any person or set of circumstances for any reason is held to be unconstitutional, void or invalid or for any reason unenforceable, the validity of the remaining portions of this ordinance or the application thereby shall remain in effect, it being the intent of the City Commission of the City of Canyon, Texas in adopting this ordinance, that no portion thereof or provision contained herein shall become inoperative or fail by any reasons of unconstitutionality of any other portion or provision. SECTION 5. Repealer. All ordinances and parts of ordinances in conflict with this ordinance are hereby repealed to the extent of conflict with this ordinance. SECTION 6. This ordinance shall become effective immediately. INTRODUCED AND PASSED at the regular meeting of the City Commission on the 21st day of October, 2019. _______________________ Gary Hinders, Mayor ATTEST: _________________________ Gretchen Mercer, City Clerk REGARDING ITEM 9 AGENDA To: Joe Price, City Manager From: Danny Cornelius, Director of Planning and Development Date: October 15, 2019 Re: Conduct Public Hearing and Consider and Take Appropriate Action on a Plat for Canyon East Unit No. 7. We need to consider approving the plat for Canyon East Unit No. 7. A copy of the plat is enclosed. The Planning and Zoning Commission voted unanimously to recommend approval of the plat. City of Canyon REGARDING ITEM 10 AGENDA TO: Joe Price, City Manager FROM: Chris Sharp, Director of Finance DATE: October 18, 2019 SUBJECT: Consider and Take Appropriate Action on Quarterly Finance Report by Finance Director Chris Sharp. A summary of all deposits for the City of Canyon as of September 30, 2019 are submitted. All funds are deposited with the City’s depository bank, Happy State Bank. Also included, is a summary of the City’s major funds and where they stand as of the same date. Total deposits needing security pledge, including checking accounts are $_2,389,801. Total securities pledged by Happy State Bank including the FDIC insurance is $_6,970,350. This report is to comply with legislation requiring periodic reports to be made to the governing body for approval. RECOMMENDED ACTION Approval of the Quarterly Finance Report for the Quarter Ending September 30, 2019. City of Canyon  City of Canyon QUARTERLY FINANCE REPORT Quarter ending: 06/30/2019 09/30/2019 Interest Rate EMERGENCY MANAGEMENT 2.29 $ 7,124.04 $ 7,127.81 LIBRARY GIFT & MEMORIAL 2.29 $ 3,860.56 $ 3,010.49 GENERAL FUND DEMAND ACCT 2.29 $ 294,442.20 $ 461,000.85 WW/SS FUND DEMAND ACCT. 2.29 $ 548,041.04 $ 405,520.16 BCD 2.29 $ 72,883.08 $ 65,020.72 LEOSE 2.29 $ 9,792.90 $ 9,798.09 C.E.D.C (ECONOMIC DEVELOPMENT) 2.29 $ 595,299.97 $ 673,670.06 C.E.D.C. MARKETING ACCOUNT 2.29 $ 114,212.47 $ 124,201.02 D-FI-IT PROGRAM 2.29 $ 561.52 $ 562.24 Palo Duro Golf Administration 2.29 $ 197,901.17 $ 82,963.12 Capital Equipment Account 2.29 $ 666,108.40 $ 556,927.02 CHECKING / SAVINGS ACCOUNTS BALANCES $ 2,510,227.35 $ 2,389,801.58 TOTAL FUNDS FOR SECURITY PLEDGES $ 2,510,227.35 $ 2,389,801.58 SECURITIES PLEDGED HAPPY STATE BANK RECEIPT DATE DESC. AMOUNT MARKET NUMBER MATURED VALUE 3137ASNJ9 03/25/2022 FHMS $1,609,823.88 $1,615,149.76 169412QN6 08/15/2027 China Spring ISD $1,058,152.38 $1,026,312.40 552410ER9 08/15/2030 Lytle TX ISD $569,776.20 $592,035.15 667825YM9 02/15/2032 Northwest TX ISD $1,059,009.05 $1,112,358.80 8821172L7 07/01/2031 TX A&M UNV Fund $1,222,959.19 $1,265,790.00 31394FB87 05/25/2033 FNR $1,432,458.53 $1,108,704.34 FDIC INSURANCE $100,000.00 $250,000.00 Total Security Pledges $7,052,179.23 $6,970,350.45 Total Outstanding debt from 2012 issued CO's and 2013 refunded CO's $ 10,955,000 Total Outstanding debt from 2016 General Obligation Bonds $ 5,355,000 Fund Balance/Net Position as of 06-30-19 $ 9,941,294.00 Required 25% of current budget fund balance is: $ 5,097,586.00  Summary of Month Ending Sept 2019 Summary of Revenues General Fund Budgeted Percentage to Summary of Revenues General Fund Sales Tax Sales Tax 793067 Major Revenues 09/30/2019 Amount Budget 100% 1063834 Franchise Taxes Franchise Taxes General Fund 2227101 348920 Mixed Beverage Tax Mixed Beverage Tax Municipal Court Fines Sales Tax $ 2,366,836.00 $ 2,400,000.00 98.62% 2288535 5657 Municipal Court Fines Franchise Taxes $ 673,608.00 $ 940,000.00 71.66% 322947 Other Income Other Income 168631 Fire Service Randall County Mixed Beverage Tax $ 26,891.00 $ 20,000.00 134.46% Fire Service Randall County Randall County, Library Funding Municipal Court Fines $ 216,944.00 $ 225,000.00 96.42% 588979 2585 4143 Randall County, Library Funding Commercial Solid Waste Other Income $ 12,563.00 $ 40,000.00 31.41% 620765 126336 139495 Commercial SolidSolid Residential WasteWaste Fire Service Randall County $ 260,815.00 $ 260,815.00 100.00% 2500027519 Residential Solid Taxes Ad Valorem Waste Randall County, Library Funding $ 50,000.00 $ 50,000.00 100.00% Commercial Solid Waste $ 396,872.00 $ 430,500.00 92.19% 182251 118681 Ad Valorem Taxes Residential Solid Waste $ 1,556,802.00 $ 1,470,000.00 105.90% 190152 25000 Ad Valorem Taxes $ 3,050,569.00 $ 2,734,000.00 111.58% Total General Fund Revenues $ 10,553,979.00 $ 11,257,983.00 93.75% Total General Fund Expenses $ 10,643,665.00 $ 11,257,983.00 94.54% Utility Fund 35641 8445 Water Receipts $ 4,478,896.00 $ 4,560,000.00 98.22% Summary of Revenues Utility Fund Waste Water Receipts $ 2,800,935.00 $ 2,852,000.00 98.21% Summary 6000 of20100 Revenues Utility Fund Water Receipts Lease Income $ 47,487.00 $ 26,800.00 177.19% Waste Water Receipts Penalties $ 87,013.00 $ 90,000.00 96.68% Lease Income T-on & Reconnection Revenue $ 32,089.00 $ 30,000.00 106.96% 968904 Penalties 45889 12505 Water T-onReceipts Water Taps $ 58,800.00 $ 55,000.00 106.91% 1799869 & Reconnection Revenue 6000 16500 Water Taps Total Utility Fund Revenues $ 7,717,805.00 $ 7,702,400.00 100.20% Waste Water Receipts Total Utility Fund Expenses $ 6,095,344.00 $ 7,702,400.00 79.14% Lease Income Historical Summary of Sales Tax 2019 2018 2017 2016 1176648 JAN $ 242,562.00 $ 225,820.00 $ 262,010.00 $ 208,797.37 Penalties FEB $ 295,203.00 $ 320,829.00 $ 270,864.00 $ 261,746.98 MAR $ 302,479.00 $ 220,711.00 $ 182,909.00 $ 247,382.39 2128852 T-on & Reconnection Revenue APR $ 229,684.00 $ 260,761.00 $ 201,855.00 $ 182,646.86 MAY $ 276,063.00 $ 331,122.00 $ 312,853.00 $ 253,438.00 Water Taps JUN $ 239,181.00 $ 217,963.00 $ 190,405.00 $ 188,739.00 JUL $ 248,431.00 $ 230,351.00 $ 207,521.00 $ 205,395.00 AUG $ 281,787.00 $ 264,752.00 $ 245,043.00 $ 235,105.00 SEP $ 245,710.00 $ 230,949.00 $ 219,684.00 $ 204,903.99 OCT $ - $ 235,520.00 $ 231,485.00 $ 227,753.00 NOV $ - $ 297,762.00 $ 294,952.00 $ 258,016.00 DEC $ - $ 261,394.00 $ 220,749.00 $ 216,890.00 $ 2,361,100.00 $ 3,097,934.00 $2,840,330.00 $ 2,690,813.59 Palo Duro Creek Golf Course Budgeted Amount Percentage to Budget Revenues to Date $1,189,616.00 $1,429,963.00 83.19% Exenditures to Date $1,630,500.00 $1,429,963.00 114.02%  CITY OF CANYON SALES TAX COLLECTION HISTORY FISCAL YEAR 2018-2019 % INCREASE/ % INCREASE/ 2018-2019 TOTAL 2016-2017 2017-2018 DECREASE 2018-2019 DECREASE YEAR-TO-DATE YEAR-TO-DATE MONTH COLLECTIONS COLLECTIONS COLLECTIONS COLLECTIONS TAXABLE SALES ** OCTOBER $227,753 $231,485 1.64% $235,520 1.74% $235,520 $15,701,333 NOVEMBER $258,016 $294,952 14.32% $297,762 0.95% $533,282 $35,552,133 DECEMBER $216,890 $220,749 1.78% $261,394 18.41% $794,676 $52,978,400 JANUARY $262,010 $225,820 -13.81% $242,562 7.41% $1,037,238 $69,149,200 FEBRUARY $270,864 $320,829 18.45% $295,203 -7.99% $1,332,441 $88,829,400 MARCH $182,909 $220,711 20.67% $302,479 37.05% $1,634,920 $108,994,667 APRIL $201,855 $260,761 29.18% $229,684 -11.92% $1,864,604 $124,306,933 MAY $312,853 $331,122 5.84% $276,063 -16.63% $2,140,667 $142,711,133 JUNE $190,405 $217,963 14.47% $239,181 9.73% $2,379,848 $158,656,533 JULY $207,521 $230,351 11.00% $248,431 7.85% $2,628,279 $175,218,600 AUGUST $245,043 $264,752 8.04% $281,787 6.43% $2,910,066 $194,004,400 SEPTEMBER $219,684 $230,520 4.93% $245,710 6.59% $3,155,776 $210,385,067 TOTALS $2,795,803 $3,050,015 $3,155,776 REGARDING ITEM 11 AGENDA TO: Joe Price, City Manager FROM: Chris Sharp, Director of Finance DATE: October 18, 2019 SUBJECT: Consider and Take Appropriate Action on Quarterly Investment Report by Finance Director Chris Sharp. A summary of all investments for the City of Canyon as of September 30, 2019 are submitted as an attachment to this agenda item. All funds are invested with the City’s depository bank, Happy State Bank. Total amount of investments for the City is $4,136,703. These funds have been invested in the CDARS program and in CDs through Happy State Bank. The Canyon EDC also has investments in the CDARS program in the amount of $180,488. The City’s 2012 certificates of obligation funds have been invested into a CDARS investment account and has a balance of $727,857. Total funds on hand, which includes funds in depository accounts as well as funds in investments total $6,526,505. This report is to comply with legislation requiring periodic reports to be made to the governing body for approval. RECOMMENDED ACTION Approval of the Quarterly Investment Report for the Quarter Ending September 30, 2019. City of Canyon  QUARTERLY INVESTMENT REPORT Quarter ending: 06/30/2019 09/30/2019 Interest Rate Interest earned CERTIFICATE OF DEPOSITS: for quarter CD# Interest Rate 9818 CEDC CD 2.29 $ 59,580.76 $ 59,932.21 $ 351.45 9877 CEDC CD 2.29 $ 60,604.52 $ 61,086.11 $ 481.59 14897 CEDC CD 2.29 $ 59,326.55 $ 59,470.34 $ 143.79 CDARS CERTIFICATES OF DEPOSIT $ 179,511.83 $ 180,488.66 15076 GENERAL FUND CD 2.29% $ 151,270.48 $ 151,809.68 $ 539.20 14895 GENERAL FUND CD 2.29% $ 514,217.58 $ 515,463.90 $ 1,246.32 14758 GENERAL FUND CD 2.29% $ 151,440.53 $ 151,546.00 $ 105.47 14970 GENERAL FUND CD 2.29% $ 153,453.28 $ 154,096.96 $ 643.68 934 GENERAL FUND CD 2.29% $ 897,308.65 $ 902,565.99 $ 5,257.34 942 WW/SS FUND CEDERS Sweep acct 2.29% $ 2,647,139.84 $ 2,261,221.00 $ (385,918.84) TOTAL AMOUNT IN CDARS $4,514,830.36 $ 4,136,703.53 TOTAL AMOUNT OF FUNDS IN BANK $2,510,227.35 $ 2,389,801.58 TOTAL FUNDS ON HAND $7,025,057.71 $ 6,526,505.11 2012 Certificates of Obligations (Invested in CDARS account) 2.286% $ 1,165,965.00 $ 727,857.80 $ 4,059.96