HomeMy WebLinkAbout1990/05/22-Agenda-Pre-Council NOTES FOR MAY 23, 1990 CITY MANAGER'S STAFF MEETING
(FROM MAY 22, 1990 COUNCIL MEETING)
PRE-COUNCIL
1 . RETIREMENT FUND PRESENTATION
A. SUMMARY
1 . Interest rate assumption increased to 8.25%.
2. Presentation of costs for three options:
a. 25 and out
b. increase multiplier to 2.5
c. $200 minimum benefit floor
3. Comparison with other Texas cities.
4. Bruce Cox presented recommendations from the Retirement
Board.
B. COUNCIL RESPONSE/CONCERNS
1 . Gilley: Need to have information about impact of 25 & out
upon General Fund Health insurance costs before a decision
can be made.
2. Mayor requested a worksession discussion of the whole
employee cost issue -- no piecemeal presentations.
2. PROPOSED LATCHKEY PROGRAM FOR CHILDREN
A. SUMMARY
1 . Requesting supplemental appropriation of $100,000.
2. Expecting 30-50 kids for each of 5 sessions.
3. Program is self-supporting.
B. COUNCIL RESPONSE/CONCERNS OFFICIAL RECORD
CITY SECRETARY
COUNCIL MEETING FT. TEX.
WORTH .
1 . Items Continued or Withdrawn
WORTH, LA
a. P-4286 (Playground Apparatus for Park and Rec . ) was withdrawn
by CM.
b. BH-0015 (Benefit Hearing for Bouring St. ) was continued 1
week by Mr. Meadows.
c. G-8618 (Development Policy for Trinity River Floodplain) was
tabled pending a Pre-Council discussion of future development
effects.
d. P-4287, 4288, 4289 and 4290 (all dealing with nursery stock
for Park and Rec. ) were continued 1 week to allow Park and
Rec. to provide more information about whether , funds are from
private donations or the General Fund.
2. Citizen Presentations
a. Mr . Bryant spoke about his concern with the Modern Art Museum
and the use of public funds.