{"@context":"http://iiif.io/api/presentation/3/context.json","id":"https://houstonlibrary.aviaryplatform.com/iiif/4f1mg7h26h/manifest","type":"Manifest","label":{"en":["Kriegel, Henry"]},"logo":"https://d9jk7wjtjpu5g.cloudfront.net/organizations/logo_images/000/000/252/original/HPL_ArchiveBannerCDM2.jpg?1738348845","metadata":[{"label":{"en":["Publisher"]},"value":{"en":["Houston Public Library Special Collections"]}},{"label":{"en":["Rights Statement"]},"value":{"en":["\u003cp\u003e\u003ca href=\"https://rightsstatements.org/page/CNE/1.0/?language=en\"\u003eCopyright Not Evaluated \u003c/a\u003e\u003c/p\u003e\n\u003cp\u003ePlease contact the Houston History Research Center, Houston, Texas. 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[Transcript]"]},"items":[{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/1","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"May 14, 1975.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4.03,6.37"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/2","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Interview with Mr. Henry Creagle, City Treasurer.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=8.09,11.23"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/3","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Creagle, how did you first get involved in city government?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=12.39,16.33"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/4","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"What experience had you had in municipal affairs before assuming your present","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=16.69,21.37"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/5","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"position?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=21.37,21.73"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/6","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, I first became city treasurer in 1956 as appointee of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=23.11,32.83"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/7","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mayor Oscar Holcomb.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=32.83,34.99"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/8","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"However, my first contact with city government was through my wife who","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=36.11,44.67"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/9","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"became Oscar Holcomb's secretary in 1937.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=44.67,49.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/10","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had been married in 1936 and came to Houston and Mayor Holcomb at","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=50.63,60.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/11","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that time was looking for a secretary and invited my wife to go to work","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=60.61,66.53"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/12","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for him and she continued as his secretary for the next 13 years.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=66.53,72.67"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/13","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I was exposed to city government through her and through her boss and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=72.93,82.33"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/14","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"it was not until 1956 that he asked me to serve as city","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=82.33,91.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/15","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"treasurer.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=91.93,92.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/16","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I believe the reason, one reason that he asked me to do the job for","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=93.57,101.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/17","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"him was that it had a scandal at that time and the city's treasurer had","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=101.61,110.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/18","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"been accused of stealing and been sent to penitentiary and he wanted to have","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=110.61,116.91"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/19","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"someone in that office that had a good standing in the community and I had","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=116.91,126.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/20","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"been in business for a number of years and was considered financially","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=126.09,131.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/21","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"independent and I believe for that reason plus the fact that I was a CPA","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=131.61,139.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/22","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and had accounting background and finance background that he felt that I would","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=139.93,148.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/23","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"fit into the job probably better than someone else also that he","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=148.71,158.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/24","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"didn't know as well as he did me.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=158.71,161.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/25","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"My wife quit working for him in 1950 so there was no conflict there since","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=164.28,170.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/26","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"she was no longer a secretary.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=170.08,171.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/27","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He was a mayor for 56 and 57 and I continued not only as","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=172.92,182.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/28","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a city treasurer but was really an assistant to the mayor because he had at","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=182.18,189.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/29","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that time no executive assistant and in his absence why he depended on me to","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=189.38,197.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/30","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"see that matters kept moving and that decisions could be made by me","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=197.54,207.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/31","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in his absence and he so instructed other department heads.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=207.52,212.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/32","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"At the end of the two-year period why Mr. Lewis Cutrer was elected mayor","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=214.4,220.74"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/33","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he decided to go with his own people and not carry over the Holcomb","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=220.74,229.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/34","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"department heads and so I left the city at that time and went to work","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=229.92,236.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/35","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for a local bank in Texas as a vice president but I had","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=236.9,245.29"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/36","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"previously worked in aviation business as one of the organizers","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=245.29,255.089"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/37","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of what is now Texas International and had worked in the aviation business","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=255.089,263.05"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/38","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"through the war years and from 1945 until 1956 when I","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=263.05,271.85"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/39","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"went to work for the city then I went back to aviation business as vice","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=271.85,281.77"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/40","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"president of finance for what was then Trans-Texas Airways until I came back to","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=281.77,289.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/41","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"work for the city in 1964 under former mayor","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=289.09,297.88"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/42","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Welch, Louis Welch.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=297.88,301.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/43","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I've held this position now 10 years under him and this is the second year","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=303.68,311.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/44","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"under Mayor Fred Hofheinze, present mayor.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=311.14,315.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/45","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Part of my background is that I was born, raised in Giddings, Texas and went","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=317.91,327.23"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/46","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to high school there.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=327.23,328.49"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/47","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I graduated with honors and had a scholarship to the University of Texas and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=329.29,336.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/48","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"graduated from the university with honors and was elected to several honorary","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=336.55,341.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/49","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"fraternities there and spent two years working in the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=341.79,350.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/50","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"state auditor's office and as a public accountant and acquired my CPA in 1934","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=350.61,359.77"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/51","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which incidentally now is a little over 40 years ago and my certificate number","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=360.81,369.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/52","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is 486 which I think is one of the smallest numbers probably in existence in","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=369.09,376.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/53","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the state of Texas.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=376.93,377.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/54","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I spent two years, 1934 to 1936, as a special agent to the Federal Bureau","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=379.19,388.29"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/55","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of Investigation and decided to get married, came back to Houston in 1936.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=388.29,395.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/56","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I worked as controller for Battlesteins for three years before I went into","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=397.15,405.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/57","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"aviation business.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=405.55,406.73"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/58","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I stayed in that until the end of World War II.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=407.73,412.73"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/59","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But that's my general background.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=415.76,419.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/60","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As city treasurer, I have several jobs that are, I feel like,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=422.64,432.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/61","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"quite important.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=433.08,434.22"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/62","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Probably the main job for the city treasurer is to prepare the annual budget","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=434.22,441.7"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/63","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for the mayor.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=441.7,444.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/64","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And that's done over a period of several months, usually starting in the middle","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=445.26,450.82"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/65","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of the fall and finishing it early in the year and generally get council","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=450.82,457.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/66","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"approval by sometime between March and June.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=457.28,461.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/67","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the mayor has, up until this year, left the preparation of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=462.26,471.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/68","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"budget almost entirely in my hands.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=471.98,474.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/69","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And this year, we have gone this past year, 1975 budget, which was started in","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=475.92,484.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/70","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"74.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=484.3,484.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/71","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mayor Huffines wanted to go to a program-type budget and he had, I believe,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=486.1,493.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/72","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"five people from policy planning assist the department heads in revising their","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=493.52,502.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/73","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"accounting procedure to go to a program-type instead of a so-called line-type","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=502.3,508.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/74","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"budget.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=508.86,509.32"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/75","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The budgets, money-wise, have continued to grow quite rapidly, particularly in","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=510.76,519.179"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/76","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the last few years.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=519.179,520.539"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/77","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think we've been increasing something like $100 million a year in the last","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=522.96,529.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/78","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"three years from a budget of less than $100 million to this budget this year","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=529.64,536.72"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/79","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is approximately $330 million.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=536.72,540.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/80","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And with the federal funds and bond money that's available, it will run well","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=541.86,551.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/81","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"over $400 million that will be spent in a year's time.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=551.3,554.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/82","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Another principal assignment or chore for the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=557.32,566.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/83","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"city treasurer is that he is treasurer of the pension funds and treasurer of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=566.26,574.8"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/84","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"any organization that the city has any control over.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=574.8,583.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/85","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"For instance, we have the Houston Foundation, which has about a million and a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=583.5,589.32"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/86","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"half in funds that have been willed to the city.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=589.32,592.94"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/87","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'm treasurer of that fund as well as being treasurer of the three pension","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=593.89,600.66"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/88","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"funds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=600.66,601.22"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/89","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The three pension funds, incidentally, have something in excess of $100 million","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=601.68,607.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/90","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in assets.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=607.86,609.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/91","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The pension boards meet once each month and I serve as a member of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=612.59,621.53"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/92","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"investment committee on each pension board and to a large extent","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=621.53,629.43"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/93","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"guide the boards in their planning for investments.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=629.43,638.95"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/94","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I probably have had more experience in the world of finance and investments","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=639.21,646.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/95","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"than other members of the boards have, so they depend on me to a large","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=646.13,652.95"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/96","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"extent.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=652.95,653.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/97","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We do have the advantage of having, at the present time we have the Texas","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=653.77,660.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/98","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Commerce Bank as our money managers.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=660.51,663.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/99","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They advise the boards as to how funds should be invested and then the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=663.37,669.77"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/100","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"investment committees will either accept or reject their advice.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=669.77,675.31"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/101","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If we reject it, we make an alternative proposal to them.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=675.71,682.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/102","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the pension boards are, to a large extent, independent of the city of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=683.63,690.91"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/103","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Houston in that they are set up by state law and the pension members operate","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=690.91,699.99"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/104","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"under the terms of the law and the city elected officials do not control the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=699.99,708.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/105","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"pension boards.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=708.13,708.81"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/106","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I'd like to backtrack just a few moments and go back to when you first","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=716.53,721.99"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/107","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"assumed your duties as city treasurer.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=721.99,724.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/108","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"May I hope you mentioned that there were problems in the city treasurer's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=724.37,729.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/109","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"office when you assumed the position.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=729.35,730.91"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/110","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was wondering if you could tell us what some of these problems were and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=731.8,736.97"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/111","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"what changes you instituted to rectify the situation.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=736.97,740.63"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/112","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, much of what happened is what I read.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=743.4,749.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/113","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I mean, my knowledge is what I read in the papers rather than from firsthand","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=749.86,756.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/114","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"knowledge, but it is a matter of record.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=756.06,759.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/115","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There was a man named Floyd, who was Roy Floyd, who was the city treasurer.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=759.02,767.72"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/116","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"At that time, Roy Hoffheim's father, the present mayor, was the mayor of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=769.16,776.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/117","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"city.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=776.3,776.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/118","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And among the duties of the treasurer at that time was to dispose of surplus","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=778.96,785.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/119","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"property that the city had and, incidentally, the treasurer still does that.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=785.6,792.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/120","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the particular thing that came up and the reason that Mr. Floyd was","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=793.02,801.88"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/121","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"indicted was that some houses that the city had bought in connection with","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=801.88,807.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/122","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"acquiring right-of-way were moved from property on which they were located to","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=807.08,815.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/123","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"lots that were owned by Mr. Floyd.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=815.42,818.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/124","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And later after he was indicted and convicted, he served time in the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=820.54,829.12"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/125","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"penitentiary at Huntsville.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=829.12,830.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/126","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And, of course, he claimed to be innocent of any wrongdoing, that he had been","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=832.42,837.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/127","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"told that he could have the houses, but the jury didn't agree.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=837.6,845.56"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/128","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They did send him to the penitentiary, and there was quite a bit of newspaper","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=845.76,851.04"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/129","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"publicity at that time.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=851.04,852.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/130","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Holcomb took office just about the time that he was sent to the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=856.72,865.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/131","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"penitentiary, and they had appointed an acting treasurer who","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=865.92,878.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/132","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"was, I don't remember his name right at the moment, but he served only a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=878.5,885.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/133","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"few weeks until I took over the first of the year.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=885.96,890.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/134","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And there really wasn't anything to do in the way of changing procedures","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=891.16,899.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/135","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because, except that the real estate department from then on handled the sale","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=899.62,906.94"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/136","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of any properties like houses or land, but any other surplus","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=906.94,916.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/137","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"property that the city owns like office furniture, machinery, or vehicles,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=916.36,924.88"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/138","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"automobiles, typewriters, furniture, scrap metal, anything of that nature is","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=927.04,934.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/139","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"sold through the Treasury Department through what we call a surplus and salvage","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=934.3,939.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/140","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"division.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=939.68,940.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/141","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I didn't mention that we have another division of the Treasury Department.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=944.36,951.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/142","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's the meter collection division.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=952.54,956.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/143","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We collect the coins and all the meters that are located through the downtown","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=956.54,962.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/144","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"area of the city, and those coins bring in well over $800,000,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=962.28,972.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/145","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"nearly $900,000 a year.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=972.22,974.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/146","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have an average of eight collectors and one supervisor that collects the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=975.44,981.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/147","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"coins, and they are run through a machine each day and placed in bags and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=981.42,986.48"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/148","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"picked up by the armored car service, Brinks Incorporated at the present time,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=986.48,992.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/149","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"five days a week.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=993.94,995.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/150","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That division also works under the Treasury Department.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=997.42,1002.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/151","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We also handle all of the insurance matters for the entire city.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1002.96,1009.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/152","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Workman's compensation insurance is negotiated through this office.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1011.88,1018.74"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/153","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Fire, windstorm, and liability insurance is handled through this office.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1020.1,1029.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/154","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Our group life and group hospital insurance is negotiated through this office.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1030.46,1036.619"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/155","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So all types of insurance are handled by the Treasury Department.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1037.76,1042.319"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/156","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We also work with the Comptroller's office and the Mayor's office on the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1044.44,1052.22"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/157","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"issuance of bonds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1052.22,1053.56"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/158","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's necessary for the Treasurer to go to New York on bond deliveries and to","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1054.62,1061.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/159","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"deliver bonds and to receive the money in payment of bonds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1061.9,1066.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/160","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"For example, the first week in May of this year it was necessary to go","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1067.12,1075.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/161","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to New York to collect $26 million that was received for the sale of bonds,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1075.38,1083.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/162","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for general obligation bonds will be used for sewer and streets and bridge and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1084.68,1092.94"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/163","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"library and other purposes as outlined in the brochure when they were offered","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1092.94,1100.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/164","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for sale.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1100.18,1100.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/165","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But normally I would make three or four trips a year because any bonds that","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1102.16,1111.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/166","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"are sold, whether they're tax bonds or general obligation or revenue bonds for","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1111.18,1117.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/167","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the library or water department or airport, it would be necessary for the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1117.38,1126.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/168","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Treasurer to see the right amount of money is paid for the bonds before the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1126.76,1133.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/169","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"bonds are released to the purchaser and that delivery is always made in the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1133.06,1139.04"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/170","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"City of New York.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1139.04,1140.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/171","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Have there been any major expansions of responsibility in the Treasurer's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1142.38,1149.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/172","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Department since you assumed office over the years?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1149.96,1155.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/173","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I would think that the trend has been the other way.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1156.18,1160.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/174","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The things that I've mentioned I'm still doing and under Mr. Holcomb I had much","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1162.54,1171.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/175","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"more authority than I had under Mr. Welsh and under Mr. Houghins I have even","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1171.64,1178.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/176","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"less authority than I had under Mr. Welsh.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1178.36,1181.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/177","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I would say that the authority of the Treasurer is gradually declining","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1181.92,1188.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/178","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because instead of making many decisions that I used to make without checking","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1188.9,1197.82"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/179","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with anybody, why at the present time it's necessary that most of the decisions","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1197.82,1205.66"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/180","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"made by the Treasurer are cleared through the Executive Assistant to the Mayor","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1205.66,1211.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/181","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who is assigned to this particular office.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1211.0,1214.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/182","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I'd say 80 to 90 percent of the work that I do is still","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1217.36,1221.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/183","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"done without any direct supervision, but it is necessary if it's a matter of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1221.34,1227.56"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/184","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"policy, a matter that affects the Mayor's office, that I get prior approval","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1227.56,1232.8"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/185","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"from either the Mayor or the Mayor's assistant before I take any action.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1232.8,1238.8"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/186","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't think the office has expanded any.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1240.32,1244.82"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/187","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have a total of 25 employees.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1244.94,1248.1"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/188","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had 25 employees all along.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1248.1,1252.8"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/189","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We haven't added any and we haven't reduced any.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1252.96,1256.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/190","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The only change has been that the Tax Office and Data Processing at one","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1258.56,1268.1"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/191","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"time were a partner of the Treasury Department and some years ago the Tax","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1268.1,1276.2"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/192","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Office, I believe in 1969, was made a separate department and taken out of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1276.2,1282.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/193","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Treasury.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1282.58,1283.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/194","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And about a year or so later, along about the same time, I guess, it","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1283.48,1290.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/195","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"was decided to make the Data Processing, which is now known as Management and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1290.78,1297.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/196","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Information Center, a separate department.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1297.54,1300.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/197","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So it too is no longer a part of the Treasury Department.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1300.8,1304.7"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/198","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So the Treasury Department is getting smaller, I would say, and less","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1305.7,1313.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/199","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"influential than it used to be.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1313.76,1315.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/200","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Do you think this trend reflects that the Mayors are better capable of tending","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1317.1,1325.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/201","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the City's finances than, say, past Mayors such as Holcomb?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1325.28,1329.44"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/202","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Why has this happened?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1331.0,1332.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/203","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Why has there been a decrease in your authority, or in the authority of your","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1332.34,1337.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/204","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"office, rather?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1337.36,1338.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/205","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, I don't think there's anything personal about it because if the Mayor,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1339.7,1345.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/206","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"this one, or Mr. Walsh had been unhappy with me as Treasurer, all he has","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1346.02,1352.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/207","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to do is call me and tell me to go home.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1352.3,1354.7"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/208","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There's no job security.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1355.62,1357.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/209","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He has no assurance of a job.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1357.64,1359.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/210","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You just stay as long as the Mayor is willing to keep you.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1359.5,1365.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/211","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But I think really it was more for hoping to get more production, we'll","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1366.28,1376.4"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/212","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"say, out of the Tax Office.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1376.4,1378.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/213","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I know specifically in the case of the Tax Department, the man that was the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1379.18,1384.8"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/214","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Tax Assessor-Collector at that time felt that as a status symbol he should be","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1384.8,1391.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/215","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a Department Head rather than an assistant working under the Director of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1391.9,1398.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/216","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Treasury.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1398.98,1399.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/217","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And he just insisted to Mayor Walsh that unless he could be made a Director","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1399.88,1409.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/218","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and be in charge of the Tax Office by himself, not that he had any","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1409.28,1414.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/219","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"objection to me, he just wanted the title of being a Director.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1414.3,1420.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/220","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And that was the reason that was done.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1421.36,1423.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/221","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And on data processing it was just that we needed somebody that was technically","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1424.64,1432.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/222","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a machine man, a computer man who was trained in that type of work.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1432.06,1437.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/223","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And while I had a general background and general knowledge of computers and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1438.82,1443.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/224","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"data processing, I was not really skilled in that work, nor did I have the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1443.64,1451.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/225","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"background to run it as I felt it should be.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1451.86,1455.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/226","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I was very pleased to see him set it up as a separate department","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1456.42,1461.66"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/227","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and relieve me of the responsibility of the administrative management of it.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1462.24,1467.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/228","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't think it was any particular desire on either Mayor's, on Mayor Walsh's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1468.28,1475.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/229","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"part, to reduce the responsibility of the Treasury Department.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1475.06,1482.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/230","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It was an administrative move to increase the efficiency of the two departments","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1482.66,1488.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/231","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that were taken out from under Treasury.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1488.86,1490.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/232","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It would seem from the duties that you've described that a great deal of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1494.53,1501.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/233","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"city's financial policy is determined, its direction is determined by the city","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1501.09,1507.39"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/234","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"treasurer, really.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1507.39,1508.25"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/235","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Is this true or is it simply really a distortion?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1509.23,1513.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/236","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Is it the mayor that has a great deal of influence here or does the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1513.43,1516.65"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/237","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"city treasurer helping to prepare the budget or in preparing the budget","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1516.65,1520.83"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/238","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"influence that direction?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1520.83,1522.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/239","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, the treasurer may influence the direction, but this is a strong mayor","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1524.41,1530.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/240","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"type of government and the mayor is the one who makes the final decision, which","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1530.13,1536.19"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/241","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"may or may not be what the treasurer recommends.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1536.19,1538.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/242","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the budget as submitted to the council is the budget that the mayor","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1539.59,1545.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/243","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"approves.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1545.79,1546.63"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/244","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's prepared by the treasurer and the treasurer does have the responsibility","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1547.23,1552.05"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/245","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of working with the department heads to see that the funds that are available","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1552.05,1558.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/246","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"are allocated to the departments in such a way that the city's business can go","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1558.61,1564.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/247","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"on and that they are fairly and equitably divided.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1564.87,1569.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/248","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But if there's any money left or any question of where certain funds should go,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1571.37,1578.07"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/249","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the mayor does make that decision before he submits the budget to the council.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1578.23,1583.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/250","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Then the council in turn has the authority that they can make any changes that","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1583.71,1590.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/251","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"they wish to make in the budget or they can accept it as it is.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1590.51,1595.15"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/252","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This past year where they insisted on a 5 cent cut in the tax rate,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1595.79,1603.63"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/253","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which the mayor reluctantly agreed to, and after the changes were made by the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1603.83,1609.11"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/254","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"council, approved the budget without any further change.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1609.11,1613.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/255","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There was no money changed.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1613.87,1616.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/256","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't think there was a dollar changed in any account after the tax cut","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1617.51,1623.29"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/257","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"was made.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1623.29,1623.95"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/258","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The rest of the accounts were left just as they were.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1625.69,1628.29"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/259","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the mayor is the most powerful man by far in the city.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1629.17,1636.07"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/260","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He decides what goes to council.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1636.79,1640.19"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/261","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He controls the agenda.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1640.79,1643.47"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/262","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the councilman can bring up matters for discussion, but they have no","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1644.89,1651.19"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/263","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"authority to introduce ordinances or do they...","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1651.19,1657.07"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/264","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't say they don't have authority to, but the city attorney makes the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1657.85,1662.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/265","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"ordinances and ordinarily will not introduce anything unless it's approved","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1662.79,1668.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/266","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"first by the mayor.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1668.93,1670.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/267","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The mayor is president or head of the council.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1670.87,1673.57"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/268","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He has a vote on the council and he pretty well controls what the council","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1673.79,1680.85"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/269","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"considers each week.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1680.85,1683.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/270","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They are part-time officials.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1683.93,1687.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/271","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They are required to be here on Tuesday afternoon and Wednesday for council","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1687.43,1695.25"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/272","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"meetings, except for an occasional special meeting where that day and a half is","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1695.25,1701.91"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/273","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"all that they're required by charter to be here.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1701.91,1705.57"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/274","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The only exception that I know of to that is that each year there are","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1706.29,1712.07"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/275","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"four members of the council group that serve on the Board of Equalization, and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1712.07,1720.57"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/276","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I believe they meet at least twice a week during the period that the tax","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1720.57,1729.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/277","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"board sits to review the taxes that people have rendered where their renditions","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1729.03,1738.97"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/278","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"have been less than what the tax assessor-collector has said on the properties.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1738.97,1744.17"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/279","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the mayor is by far the most powerful man in the city.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1745.39,1753.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/280","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The treasurer has quite a bit of power subject only to the mayor's wishes","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1754.01,1763.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/281","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because he polices the budget the rest of the year and the transfers that are","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1763.71,1770.95"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/282","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"made from one account to another have to have his approval and only the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1770.95,1776.63"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/283","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"treasurer can move money from one department to another.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1776.63,1780.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/284","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This is authorized by ordinance by the city council and it's rarely used","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1781.69,1789.89"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/285","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"because we don't like to move money from one department to another unless it's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1789.89,1797.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/286","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a real emergency and obviously have more money in one account than we need and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1797.13,1804.17"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/287","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"need it very badly in another account.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1804.17,1807.15"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/288","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I would say on the average two to four times a year would be the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1807.87,1814.85"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/289","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"most times that money would be moved from one department to another.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1814.85,1819.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/290","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"However, within a department it's quite common to have transfers made almost","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1820.39,1827.27"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/291","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"daily by one department or another, not by every department.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1827.27,1831.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/292","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But they can move money from one supply account, say, to another or to a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1832.79,1840.15"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/293","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"contractual account or to a maintenance account.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1840.15,1842.75"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/294","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's just difficult to anticipate ahead of time exactly how many dollars you'll","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1843.47,1850.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/295","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"need for each classification that the controller has set up in his bookkeeping","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1850.93,1855.99"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/296","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"system upstairs.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1855.99,1857.23"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/297","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So he will quit paying purchase orders if you run out of money so it's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1857.23,1865.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/298","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"necessary for the departments through the treasurer's office to transfer funds","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1865.35,1871.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/299","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"into accounts or deplete it.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1871.13,1873.75"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/300","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You've had experience with three mayors.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1876.59,1879.43"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/301","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I was wondering, is it possible to describe or characterize the financial","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1880.15,1887.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/302","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"policies of the three?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1887.03,1888.37"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/303","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Was one perhaps more, let's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1889.21,1900.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/304","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"say, constructive in the use of the city revenue?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1900.14,1908.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/305","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, Mayor Holcomb was serving his 11th term when I was here with him, which","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1912.66,1921.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/306","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"meant that he was serving his 21st and 22nd years as mayor.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1921.28,1926.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/307","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think he had a better grasp of the administrative","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1927.42,1934.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/308","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"policies necessary to run a city and the value of a dollar and probably","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1934.78,1944.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/309","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"got the most out of every dollar that he spent because he was a very","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1944.62,1949.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/310","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"conservative and I guess you'd call him a very tight man with money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1949.9,1958.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/311","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He didn't believe in paying high salaries and he didn't believe in spending any","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1959.56,1967.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/312","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of the city's money unless he got as much for his money as he was","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1967.0,1975.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/313","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"paying out.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1975.9,1976.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/314","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In other words, he was very careful to get everything he paid for.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1976.5,1983.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/315","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He believed in the city expanding and he was a strong advocate of annexation","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1987.07,1996.33"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/316","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and he believed in the future of the city.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=1996.33,2000.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/317","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He was the first man to discuss the freeway system and set up","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2000.01,2010.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/318","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the initial work on the Gulf Freeway.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2010.01,2014.69"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/319","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It was installed probably before other freeways were.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2015.11,2019.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/320","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He was a man actually who invented the traffic light, but he gave the invention","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2020.47,2026.45"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/321","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"away because he didn't think it was worth anything.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2026.45,2028.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/322","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the lights at the street corners now that are used all over the world,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2028.71,2036.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/323","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"he was a man of design that figured it out and installed it in Houston,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2036.89,2043.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/324","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the first city in the world that had something like that.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2043.55,2046.47"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/325","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But he probably was too conservative and under Mr. Welsh, Mr.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2050.63,2061.75"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/326","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Welsh had a fine administrative mind.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2061.83,2067.25"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/327","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He had a good educational background in government and in governmental","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2067.389,2076.449"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/328","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"tactics and training and operation.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2076.449,2082.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/329","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He believed in expansion and spending of money more so than Mr.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2084.73,2094.69"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/330","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Holcomb did.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2094.81,2095.489"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/331","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I think Mr. Welsh was able to get bond issues passed and get bond","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2095.81,2105.21"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/332","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"money spent and get a lot of facilities built or started getting them built","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2105.21,2112.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/333","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"like Tranquility Park, which is underway, the main library, which is underway,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2112.93,2119.15"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/334","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the sports arena, which is underway, were all started under Mr. Welsh, as well","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2119.61,2127.29"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/335","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as expanding our sewer and water departments.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2127.29,2131.29"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/336","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He wasn't as conservative as Mr. Holcomb, but he probably got more done because","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2133.11,2139.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/337","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"he was willing to spend money faster than Mr. Holcomb was.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2139.01,2145.17"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/338","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Huffines is just in his second year and really has not had an","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2146.79,2156.47"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/339","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"opportunity to start too many programs of his own because there was so much","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2156.47,2163.17"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/340","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"work underway when he took over.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2163.17,2165.39"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/341","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It would be hard for me to evaluate just how his, say, assuming he will","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2166.29,2174.22"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/342","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"be reelected in the fall, I would say the next two years, will be indicative","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2174.22,2180.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/343","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of what he will do when he has funds available to work with where he","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2180.06,2187.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/344","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"makes the initial decision rather than carrying out decisions that had been","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2187.98,2194.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/345","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"made before he took office.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2194.3,2195.84"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/346","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think he's a very capable man, a very intelligent man.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2196.46,2200.82"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/347","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I see no reason why he shouldn't make a fine mayor.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2201.52,2204.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/348","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Equally as good as Mr. Welsh, Mr. Holcomb, I have utmost respect for all three","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2205.42,2211.82"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/349","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"men.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2211.82,2212.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/350","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Holcomb, of course, is deceased now, but he was a man that I had","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2213.64,2221.2"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/351","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the highest regard for when I worked for him and before I worked for him","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2221.2,2227.72"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/352","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and after I worked for him.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2227.72,2229.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/353","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think one more thing that he said that I will never forget when I","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2230.24,2235.04"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/354","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"first came to work for him, I had a contract come up that involved a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2235.04,2242.2"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/355","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"man that was related to him.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2242.2,2244.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/356","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I said, Mr. Holcomb, this contract involves","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2244.02,2253.56"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/357","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a relative of yours.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2253.56,2255.84"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/358","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He was just very unhappy with me for even mentioning it.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2256.76,2260.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/359","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He said, I'm going to tell you one thing.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2261.44,2263.48"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/360","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As long as you work for the city of Houston, any contract that the city","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2263.6,2268.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/361","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"makes should be made for the benefit of the city and make the best contract","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2268.54,2274.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/362","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"you can for the city and it doesn't make any difference who's on the other","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2274.6,2279.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/363","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"side or who he's kin to, whether it's me or anybody else or anybody related","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2279.02,2286.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/364","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to me, should have no bearing whatsoever.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2286.28,2289.16"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/365","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It must be the best contract.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2289.92,2292.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/366","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Do the best thing you can for the city of Houston and you'll be doing","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2292.78,2296.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/367","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"all right.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2296.24,2296.88"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/368","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Won't do anything to help anybody else, help the city.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2297.44,2300.72"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/369","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He told me that when I first started and I never did forget it.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2303.22,2307.1"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/370","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think I've tried to live by that instruction.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2307.56,2311.44"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/371","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How has the income of the city, has it kept up with the additional expenses?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2315.08,2322.2"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/372","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The income has to keep up with the expenses because there's no way in Texas","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2323.82,2328.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/373","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"that you can operate on a deficit budget.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2328.86,2332.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/374","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You can only spend money that you have.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2332.34,2336.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/375","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If you run out of money, you have to quit operating and quit paying payrolls.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2336.04,2341.04"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/376","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"For that reason, our budgets are, we try to make them a little bit on","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2341.88,2347.16"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/377","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the conservative side on our estimate of revenue so that we should have a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2347.16,2352.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/378","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"little money left at the end of the year rather than spending down to our","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2352.34,2357.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/379","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"last dollar.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2357.5,2358.32"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/380","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I would say that your expenditures are controlled by your revenue rather","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2359.22,2367.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/381","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"than the other way around.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2367.78,2368.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/382","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We can't spend money that we don't have.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2369.2,2372.74"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/383","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have to spend only what money we receive, what revenue we have, so our","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2372.88,2379.94"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/384","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"disbursements have to be controlled by our revenue.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2379.94,2383.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/385","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In that regard, the expenditure of city funds","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2383.98,2393.49"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/386","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"is controlled by the city controller, is it?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2393.49,2397.21"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/387","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He watches over the expenses?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2398.31,2400.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/388","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"No, not exactly.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2401.77,2404.59"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/389","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Only to this extent.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2406.33,2407.97"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/390","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The city controller is really the bookkeeper, you might say, for the city of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2408.17,2413.27"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/391","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Houston.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2413.27,2413.67"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/392","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And when the budget is prepared, each department has certain accounts and so","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2414.81,2421.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/393","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"many dollars are placed in each account.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2421.55,2424.67"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/394","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And the controller approves the purchase orders and he does not have any","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2425.41,2432.33"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/395","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"administrative authority to hold up payment or refuse to make payment on any","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2432.33,2440.23"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/396","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"account or any purchase order as long as there's money in the budget account.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2440.23,2447.15"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/397","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He does hold up money when we don't have a budget.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2448.39,2452.65"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/398","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"For the budget that's approved, he has the authority to hold up payments and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2453.31,2459.59"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/399","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"after it's approved, he can only hold up payments where a department has run","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2459.59,2464.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/400","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"out of money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2464.87,2465.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/401","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Otherwise, he does not have any administrative authority.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2465.71,2469.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/402","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He doesn't play an important role in computing the budget?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2470.09,2473.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/403","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"He doesn't play any role at all in preparing the budget.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2474.05,2478.37"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/404","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The only thing is that he keeps us from overspending the budget, which I","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2479.27,2486.21"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/405","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"usually try to anticipate before he gets to the point of holding up payments","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2486.21,2492.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/406","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"where we try to keep money moved around so that we can cover any needed","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2492.55,2500.95"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/407","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"purchases or outstanding purchase orders.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2500.95,2504.53"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/408","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the controller does not participate in the preparation of the budget nor","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2505.33,2512.85"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/409","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"does he participate at the budget hearings.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2512.85,2516.97"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/410","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think last year, not this year, but I think last year he did make","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2518.31,2524.85"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/411","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"an appearance for a council, but anybody has a right to do that.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2524.85,2528.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/412","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But he does not participate in the decision-making of the preparation of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2529.09,2537.19"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/413","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"budget or the adoption of the budget.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2537.19,2538.95"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/414","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"When Roy Oaks was controller, there was some controversy over the way he was","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2540.61,2545.31"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/415","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"investing city funds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2545.31,2548.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/416","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And at that point, I believe you supported his methods, if I recall correctly.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2550.65,2557.25"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/417","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Can you tell us a little bit about that controversy?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2557.95,2560.61"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/418","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, I think there was more or less a continuing controversy between the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2563.31,2569.67"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/419","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"councilman and Mr. Oaks because they felt like he was too conservative in ways","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2569.67,2577.15"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/420","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in that he believed only in investing in prime government securities and he","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2577.15,2586.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/421","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"wouldn't invest in anything else.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2586.13,2589.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/422","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the main controversy that came up while he was in office was when two","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2593.67,2601.39"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/423","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of the councilmen pointed out that there were several banks that had relatively","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2601.39,2607.89"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/424","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"small deposits, by that I mean $10,000 or $15,000, that were not drawing","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2607.89,2614.21"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/425","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"interest.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2614.21,2614.83"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/426","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Oaks' position was that there were some 30 banks that had been approved by","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2616.01,2621.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/427","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the city council as depositories for the city of Houston.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2621.55,2627.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/428","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And Mr. Oaks felt like that since they had been approved, since he had a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2628.63,2634.65"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/429","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"good working relation with all the banks, that he should keep a nominal amount,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2634.65,2642.59"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/430","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"by nominal I'm still talking about $10,000 or $15,000, maybe $20,000 in","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2643.27,2647.85"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/431","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a little larger bank, of money that was not drawing interest in return for","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2647.85,2656.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/432","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"which the banks all agreed with him that as soon as the tax statements came","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2656.71,2662.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/433","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"out, it was usually about July, that they would pay their taxes in advance","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2662.03,2668.45"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/434","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"rather than waiting until December.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2668.45,2670.45"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/435","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And he felt like this pretty well offset the fact that he was not getting","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2671.79,2676.31"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/436","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"interest.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2676.31,2676.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/437","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And also the banks all agreed that they would participate in loaning the money","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2677.89,2683.33"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/438","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to the city for current use of current cash","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2683.33,2693.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/439","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"needs.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2693.36,2693.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/440","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In other words, that we assess our taxes during the year and collect most of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2694.5,2699.66"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/441","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"them in December, but we have to borrow money this year, for instance, we will","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2699.66,2704.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/442","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"borrow something like $55 million.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2704.24,2706.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/443","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And at that time when Mr. Oaks was handling it, where the banks were loaning","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2708.18,2712.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/444","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"money to the city at, I think, roughly 2% interest, and all the banks","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2712.96,2720.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/445","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"who had deposits would loan a pro-rat apart or whatever the city needed.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2720.54,2726.12"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/446","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"After the controversy, why I think the mayor appointed a committee, it was","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2727.5,2735.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/447","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"headed by Bill Kirkland, who used to be chairman of the first city and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2735.58,2741.2"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/448","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"president of the first city, is now retired, but is still quite active in civic","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2741.2,2746.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/449","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"work.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2746.96,2747.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/450","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Bill Kirkland and his committee went into the matter and discussed it at great","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2749.24,2755.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/451","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"length and talked to a lot of people and decided that Mr. Oaks was acting","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2755.14,2764.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/452","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"within his prerogative and his authority as controller and that they","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2764.24,2769.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/453","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"recommended that he be allowed to continue doing what he was doing.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2769.0,2774.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/454","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"However, Mr. Oaks decided that since he had been criticized and since the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2775.18,2781.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/455","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"councilman, two of the councilmen, had objected to the way he was handling the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2781.24,2785.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/456","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"money, he closed all the bank accounts with the exception of the Texas, at that","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2785.38,2792.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/457","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"time, Texas National Bank.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2792.68,2794.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/458","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And made that the sole depository and then when they merged with Texas","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2796.44,2803.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/459","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Commerce, well, Texas Commerce is now not the sole depository, but it was while","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2803.62,2810.1"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/460","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Oaks was living and was the city controller.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2810.1,2815.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/461","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We still use the Texas Commerce as our principal depository, but since","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2816.62,2824.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/462","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"certificates of deposit are available and since different banks will pay a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2824.54,2831.7"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/463","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"little different rate on large amounts like a million or three million or so,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2831.7,2837.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/464","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we normally take bids when we have some money to invest.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2837.96,2843.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/465","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If we have ten million to invest, well, we'll take bids from, say, ten of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2843.58,2848.7"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/466","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the largest banks and ask them how much they will take on a certificate deposit","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2848.7,2855.12"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/467","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and what rate of interest they will pay over, say, six months or nine months.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2855.12,2859.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/468","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So we do consider that a deposit if we put some money in banks southwest","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2860.58,2868.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/469","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of the first city or one of the other banks, but for purposes of writing","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2868.42,2875.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/470","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"checks and carrying a daily deposit is why they are handled in the Texas","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2875.58,2881.04"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/471","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Commerce Bank.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2881.04,2882.12"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/472","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Have there been any major changes in the comptroller's office under Leonel","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2883.02,2888.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/473","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Castillo?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2888.14,2888.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/474","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In the handling of money?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2889.78,2891.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/475","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yes.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2891.96,2892.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/476","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"No, I don't think so.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2893.5,2895.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/477","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think Mr. Roland Brunette is the assistant controller and he was working for","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2895.78,2905.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/478","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Mr. Oaks for probably 11 or 12 years before Mr. Castillo came in here and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2905.52,2914.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/479","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"he did a great deal of the work for Mr. Oaks that involved the investment","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2914.6,2921.1"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/480","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of funds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2921.1,2921.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/481","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think Mr. Castillo has gone along with Mr. Brunette's handling of the money","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2923.1,2929.84"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/482","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"almost entirely the way he's been doing it.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2929.84,2934.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/483","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Under Texas law it's necessary that any bank in which the city has a deposit","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2936.24,2946.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/484","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or any governmental agency must put up 100% security for a deposit.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2946.14,2953.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/485","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So if we have a million dollars on deposit at Texas Commerce Bank they must","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2953.74,2958.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/486","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"put up as security a million dollars either in government securities or not","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2958.86,2965.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/487","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"less than a double-A rated municipal bond issued in the state of Texas.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2965.92,2972.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/488","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So in order for somebody to sell the city a CD for a million dollars","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2973.0,2978.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/489","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"they've got to put up a million dollars in security and place that in another","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2978.92,2986.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/490","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"bank as security and it stays there to guarantee that million dollar CD.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2986.36,2992.16"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/491","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So if the bank goes broke well we have a million in security to cover","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2993.02,2997.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/492","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the deposit.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=2997.64,2999.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/493","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How much influence do you have in the sale of city bonds, municipal bonds?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3002.3,3006.8"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/494","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Do you decide the amount?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3007.08,3008.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/495","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"No, only to the extent that I keep track of what we have left that's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3011.94,3017.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/496","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"been authorized by the last election.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3017.26,3019.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/497","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The primary decision is made by those departments that use bond money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3021.54,3029.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/498","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The Treasury Department does not use any, but Parks and Recreation and Library","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3029.66,3035.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/499","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and Fire and Police but mostly Public Works.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3035.98,3040.1"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/500","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And Mr. Bill Cape, the director of Public Works, is the man who largely","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3040.58,3048.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/501","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"influences the amount of money that's sold in a bond sale because most of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3048.76,3057.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/502","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"money will be spent by his department and all the money that is spent, the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3057.62,3064.16"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/503","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"construction is supervised by Public Works which means it's supervised by Mr.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3064.16,3070.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/504","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Cape or Mr. Cape's employees.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3070.72,3072.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/505","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How has the recent recession affected the city's revenue and expenses?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3076.06,3082.72"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/506","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It hasn't affected our revenue apparently.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3084.26,3086.56"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/507","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It seems that our revenue has held up very well.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3088.14,3093.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/508","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In fact, our last check that we received from the state comptroller on sales","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3093.16,3099.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/509","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"tax covered the last quarter of last year and the recession was supposed to be","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3099.36,3104.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/510","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in effect then.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3104.96,3106.56"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/511","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It was 15% above the prior year, so we had anticipated in making our","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3106.68,3113.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/512","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"estimate of revenue that our sales tax would probably hold about level, but","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3113.46,3119.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/513","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"apparently it's going to be more than we collected in 74.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3119.98,3125.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/514","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Most of our accounts are showing an increase in revenue as of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3127.38,3135.1"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/515","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"right now it seems that the sewer account is not doing quite as well as","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3135.1,3143.0"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/516","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we had anticipated, but most of the other accounts are doing better.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3143.0,3147.66"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/517","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You mentioned before that you also have authority over the pension system, the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3149.62,3155.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/518","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"investment of the funds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3155.54,3156.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/519","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Now that they're investing in stocks, is that...? The investments are","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3158.62,3163.74"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/520","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"controlled by the state law, which provides that you can have only a certain","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3163.74,3169.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/521","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"percentage in stocks.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3169.08,3170.48"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/522","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think 50% is the maximum we can put into stocks, and none of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3170.6,3178.84"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/523","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the three funds have that much income in stocks.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3178.84,3182.94"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/524","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have more money in bonds than we have in stocks.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3183.12,3187.8"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/525","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have some money in mortgages, but most of the money is in corporate bonds,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3188.8,3195.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/526","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"and the second largest amount would be in stocks.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3196.18,3200.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/527","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have some in convertible stocks, and the rest is in short-term governments.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3201.0,3210.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/528","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's like we deposit a million dollars, maybe collected from a payroll, and the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3211.18,3220.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/529","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"bank takes that million and buys a short-term government certificate and holds","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3220.42,3226.4"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/530","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"it until that money is invested and is needed.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3226.4,3231.48"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/531","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, then they pay it out, but we try not to keep idle cash on","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3231.66,3236.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/532","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"hand in the pension funds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3236.98,3239.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/533","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The recent past months, the drop in the stock market, has that affected the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3240.7,3247.22"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/534","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"vitality...? Well, the recent drop in the increase in bond rates has affected","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3247.22,3256.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/535","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the pension funds more than the drop in the stock market because we had a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3256.92,3261.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/536","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"bigger percentage of money in bonds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3261.92,3266.66"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/537","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"When I first came here in 1956, the pension funds were set up where they","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3267.5,3274.54"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/538","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"couldn't buy anything but government securities.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3274.54,3276.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/539","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They couldn't buy corporate bonds or couldn't buy stocks or anything, and then","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3277.28,3281.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/540","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"they were adjusted to where they could buy corporate bonds, and a large amount","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3281.68,3289.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/541","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of money went into corporates.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3289.06,3290.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/542","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"At that time, 4% was considered a good yield.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3291.7,3295.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/543","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If we got 4.5%, we thought we had a fine yield.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3295.18,3298.12"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/544","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But since the last couple of years, when interest rates went up as high as","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3298.72,3304.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/545","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"12% on prime, that meant that the long-term bonds that had been bought,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3304.46,3310.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/546","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"say, 10 years ago and still had 20 years to go were selling for 60","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3310.7,3316.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/547","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"cents on the dollar or 55 cents on the dollar.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3316.42,3319.7"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/548","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So we showed a big drop in all three pension funds in the market value","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3319.7,3327.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/549","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of our bonds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3327.62,3328.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/550","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We also showed a drop in market value of our stocks, but not as drastic","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3329.06,3335.44"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/551","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"as it was in the bonds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3335.44,3337.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/552","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But there was a material drop.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3338.06,3341.44"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/553","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"However, I think we recovered just in the last quarter something like a $10","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3342.54,3347.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/554","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"million increase in the market value of our bonds and stocks between the 1st of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3347.08,3354.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/555","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"January and the 1st of April.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3354.96,3357.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/556","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Would this drop be translated in terms of money available for pensions?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3360.17,3365.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/557","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"No.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3365.79,3365.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/558","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Would it affect the...","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3366.01,3367.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/559","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"No, we don't.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3367.97,3368.91"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/560","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Our total outlay is appreciably less than our income each year, so that our","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3370.03,3377.43"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/561","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"pension funds are increasing quite materially, and none of the three funds have","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3377.43,3384.69"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/562","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"ever had to use their assets that they own.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3384.69,3389.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/563","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The contributions by the city and by the employees have more than taken care of","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3390.49,3397.41"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/564","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the pension needs or the payments of people who are on pension.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3397.41,3403.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/565","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So no one's in danger of not getting their monthly check?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3403.09,3406.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/566","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"No, I would say at the minimum of 10, maybe 15 years before we'd even","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3406.61,3413.27"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/567","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"get to the point of having to worry about it.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3413.27,3417.37"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/568","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I think in much less time than that, the federal government's going to pass","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3417.51,3425.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/569","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"some laws that will require the city to fund the past service liability, in","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3425.01,3432.17"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/570","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"other words, to make them actuarially sound and will require the city to pay","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3432.17,3439.19"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/571","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"more money into the funds than they are paying at the present time.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3439.19,3443.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/572","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And I think that will be by federal law rather than by state law.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3444.61,3449.73"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/573","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"In your experiences over the years dealing with city finances, what","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3449.97,3461.2"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/574","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"has been the biggest problem area for you?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3461.2,3465.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/575","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Or what period has been the most difficult in attempting to put together a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3466.97,3476.77"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/576","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"feasible budget?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3476.77,3478.01"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/577","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, I don't think we've had any particular year that's been much worse than","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3480.97,3489.73"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/578","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"any other.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3489.73,3490.37"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/579","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Every year the departments ask for quite a few million dollars more than what","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3490.59,3497.21"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/580","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we have available in funds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3497.21,3499.07"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/581","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But we have the advantage of having a record of what they spent the prior","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3499.87,3505.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/582","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"year.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3505.03,3505.57"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/583","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have a roster of the employees they have on the payroll at the end","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3505.77,3510.91"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/584","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"of the year, and we know just how much they have to have.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3510.91,3514.81"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/585","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And we haven't had any real trouble.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3514.95,3518.75"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/586","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"As of this time, it may happen that if we do get a recession","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3522.41,3532.35"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/587","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"or a depression that's worse than this one's been, that our income drops","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3532.35,3537.09"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/588","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"materially, that the city may have to do what New York, Detroit, and other","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3537.09,3544.49"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/589","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"cities have done.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3544.49,3545.37"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/590","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They've had to reduce personnel and cut services because they just don't have","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3545.37,3553.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/591","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3553.03,3553.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/592","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"New York is in terrible condition right now and probably will reach a breaking","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3553.77,3563.63"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/593","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"point within the next six weeks.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3563.63,3567.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/594","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"They have a billion and a half of debt service that's due between now and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3567.63,3573.25"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/595","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"June 30th.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3573.25,3574.17"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/596","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's the next six weeks.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3574.17,3575.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/597","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And they've been told by the local banks in New York, by the federal","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3577.93,3582.53"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/598","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"government, by the brokers in New York that there's just no way they can sell","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3582.53,3589.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/599","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"any more bonds because they're so heavily in debt.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3589.03,3591.77"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/600","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't know where the billion and a half is coming from.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3592.83,3595.03"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/601","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If they don't get the money, they'll default on bonds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3595.19,3599.55"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/602","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If they default on bonds, it will have a very adverse effect on the municipal","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3599.65,3605.85"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/603","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"bond market nationwide, affect Houston as well as other cities, and make it","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3605.85,3612.89"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/604","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"very difficult for us to sell bonds if a city like New York defaults.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3612.89,3618.51"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/605","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"And right now I'd say the chances that they'll default are much better than","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3618.75,3623.77"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/606","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"even.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3623.77,3624.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/607","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So maybe this will be our year in which our financial problem will really reach","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3626.76,3635.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/608","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"a climax.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3635.86,3637.16"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/609","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But so far they haven't been too bad.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3637.72,3640.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/610","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We've always had a nice surplus at the end of each year.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3640.6,3645.48"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/611","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We've never failed to start with a substantial surplus.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3645.58,3649.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/612","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"This year we had just under $13 million, and I think four out of the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3649.2,3654.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/613","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"last six years we've had in the area of $11 million to $13 million, $14","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3654.76,3660.12"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/614","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"million in surplus at the end of the year, which means that we have underspent","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3660.12,3667.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/615","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in part and underestimated in part.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3667.79,3672.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/616","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"A little of both.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3673.95,3675.17"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/617","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But if we had overspent, why, then we would have run into the red except","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3676.11,3681.31"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/618","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"for the fact that we collected more money than we estimated.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3681.31,3684.83"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/619","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But the two together has given us a surplus at the end of each year.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3684.83,3689.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/620","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How do you account for the success of Houston's financial situation?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3690.97,3694.97"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/621","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How do I account for it?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3696.05,3696.69"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/622","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"How do you account for Houston's success financially, being able to support all","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3696.69,3701.23"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/623","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"these activities in an expanding economy?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3701.23,3704.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/624","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think the expanding economy in the city, and I think the fact that the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3705.41,3710.11"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/625","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"city has had good administrative management for many years and having good","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3710.11,3718.93"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/626","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"management means that it really continues.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3718.93,3722.81"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/627","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It doesn't change overnight, even though policies might change to some extent.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3723.33,3728.13"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/628","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think we've had a good mayor and a good council, and I think we've","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3729.07,3733.69"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/629","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"been conservative to the point that we have just gone out and wasted the city's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3733.69,3740.99"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/630","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3740.99,3741.33"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/631","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think we've tried to spend it to get facilities where needed.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3741.57,3747.99"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/632","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The fact that the economy has been good here, the deployment has held up, and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3749.07,3753.81"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/633","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"the sales in local stores have held up.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3753.81,3759.77"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/634","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We really have not felt the recession to any extent in Houston.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3760.77,3765.91"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/635","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"At this time, most people feel like we're over the worst part of it already.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3765.91,3775.07"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/636","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So on the way up, it should get better from here on instead of worse.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3775.79,3781.25"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/637","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think it's been good management on the city's part, plus the fact that we're","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3783.2,3788.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/638","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"fortunate enough to live in a city that wasn't dependent on one industry like","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3788.3,3795.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/639","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Detroit, where the delta automobiles went off, the business went to pot, where","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3795.08,3800.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/640","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think they had something like 30% of their people on the floor, maybe","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3800.02,3804.74"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/641","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"even more than that.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3804.74,3805.66"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/642","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We had something like 4.7, I believe was the highest figure that I've seen.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3806.7,3811.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/643","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Probably less than that now.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3813.46,3815.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/644","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Are there any areas that we didn't get to cover that you think should be","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3818.82,3825.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/645","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"included in the interview that you'd like to talk about?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3825.24,3827.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/646","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, there's one area that I personally am worried about, and that's the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3833.02,3839.44"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/647","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"amount of federal funding that","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3839.44,3850.74"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/648","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"includes not only revenue sharing, but direct grants, any grants that have come","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3850.74,3858.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/649","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"from you that's health and welfare.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3858.92,3863.4"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/650","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There are just so many programs that are financed by the government that are","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3864.96,3873.06"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/651","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"becoming a large part of the city's operation, and it's a large part of our","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3873.06,3881.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/652","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"personnel, not large, but a substantial part of our personnel is being paid","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3881.28,3888.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/653","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"with federal funds.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3888.52,3889.68"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/654","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Someday Congress is going to decide that they're going to quit putting out","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3891.7,3896.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/655","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"money to the cities, or they may decide, and if they should, or if they","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3896.3,3901.96"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/656","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"should tighten up on the control, I anticipate it to be one of two things.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3901.96,3906.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/657","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Either they'll quit making money available to the cities, or else they will","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3907.06,3913.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/658","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"exert a much greater control over the way the money is spent, and it has","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3913.76,3920.2"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/659","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"been up to this point.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3920.2,3921.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/660","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"There is a control, but we still have a lot to say about how it's","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3921.82,3927.56"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/661","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"spent.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3927.56,3927.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/662","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"But I feel uneasy about having to depend on the federal government for a","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3928.14,3936.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/663","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"substantial portion of our daily operating costs.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3936.6,3943.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/664","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If that should be cut off, we might have to do some real scrambling to","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3943.64,3950.72"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/665","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"keep on carrying on those services.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3950.72,3954.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/666","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"That's particularly true in health, and it's true in our sewer provision, where","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3954.64,3962.98"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/667","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we have to comply with EPA regulations, with Water Quality Board.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3962.98,3969.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/668","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We have plans for a new water filtration plant that will cost","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3969.64,3979.5"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/669","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"something like $150 million.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3979.5,3981.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/670","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"These costs are terrific now because of inflation.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3982.32,3987.08"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/671","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Everything costs so much more, and we just can't...","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3987.26,3991.86"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/672","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Without federal funds, we can't spend the amount of money that...","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3991.86,3998.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/673","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I mean, we can't sell enough bonds to finance without federal help, and so","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=3998.34,4007.3"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/674","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"we're becoming more and more dependent on the federal government to keep on","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4007.3,4014.18"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/675","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"operating, and so that means we're losing some of our independence.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4014.18,4019.4"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/676","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You can't say, well, we can operate without the federal government.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4020.68,4025.28"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/677","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I don't think that's true anymore.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4025.28,4027.4"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/678","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The percentage of money involved that you're talking about from federal","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4032.66,4042.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/679","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"sources?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4042.26,4042.78"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/680","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, we're getting, this next year, $18 million in revenue-sharing money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4044.8,4050.64"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/681","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We're getting probably $14,000,000, $13,000,000, or $14,000,000 in community","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4050.88,4057.12"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/682","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"development and housing.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4057.12,4058.76"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/683","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"You, for various health programs, save $40","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4064.13,4072.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/684","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to $60 million anyway in federal funds, particularly if you get","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4072.52,4082.34"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/685","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"into the area of sanitary sewers and water pollution and air pollution.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4082.34,4088.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/686","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Demands made by the federal government and the agencies to have clean air and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4091.62,4097.92"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/687","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"clean water require the expenditure of great amounts of money, and if the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4097.92,4105.779"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/688","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"federal government doesn't continue to help us, we may reach a point where we","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4105.779,4110.399"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/689","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"don't have enough to do it ourselves.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4110.399,4112.38"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/690","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So you see, this is a more serious problem for the future than the present","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4116.66,4123.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/691","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"recession?","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4123.26,4123.859"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/692","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Yeah, at present time, the funds that are being made available to us are","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4124.7,4132.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/693","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"adequate to do what we have to do, and we have matching money from previous","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4132.52,4140.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/694","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"bond authorization, but after our next bond sale, we won't have any further","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4140.14,4145.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/695","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"authorization to sell any tax bonds without another election.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4145.52,4152.52"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/696","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We assume that by January or February, if they","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4152.52,4170.029"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/697","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"don't, then we can't sell.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4170.029,4175.149"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/698","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We can sell revenue bonds, but we can't sell tax bonds or so-called general","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4175.229,4181.39"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/699","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"obligation bonds without a vote of the people.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4181.39,4183.99"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/700","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"The ones that we have authorized now will be sold at the next sale probably","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4187.399,4193.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/701","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"in August or September.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4193.14,4194.6"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/702","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, on this, I don't know if I should say, an ominous note.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4202.14,4206.24"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/703","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, not necessarily.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4208.0,4209.4"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/704","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We reached that point several times before.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4209.72,4213.36"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/705","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"I think Mayor Welch had two bond elections where he was soundly defeated, and","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4213.56,4221.58"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/706","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"he had a third election, and the third approved","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4221.58,4230.11"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/707","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"$145 million, I believe, when he asked for a lesser amount before.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4230.11,4234.71"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/708","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"So I think people realize that the city has to have money, and you have","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4234.71,4242.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/709","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to have money to build sewers, and you have to have sewers if you're going","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4242.87,4246.29"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/710","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"to build buildings.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4246.29,4247.79"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/711","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Build new buildings, old sewers wear out.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4251.02,4253.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/712","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Facilities to go out, the old parts of the city that are 38,","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4263.6,4281.42"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/713","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"at that time, the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4281.9,4297.62"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/714","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"cast iron pipes deteriorate.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4297.62,4300.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/715","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Concrete stays pretty good except where we have some silence.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4303.0,4308.26"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/716","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Pipe spray will be solved by the use of surface water, the","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4308.68,4319.74"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/717","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Trinity River.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4319.74,4320.46"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/718","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We're still in the process of building.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4327.95,4329.87"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/719","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"It's fitting that we conclude the interview with the last word being money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4344.56,4347.72"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/720","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Well, that's what this department does, is money, and so I guess that's a good","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4349.86,4359.02"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/721","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"place to...","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4359.02,4360.48"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/722","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"We started with money, and we wind up with money.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4360.48,4363.14"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/723","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"Metropolitan Archives and Research Center, I want to thank you for freely","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4372.1,4375.84"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/724","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"giving me your time.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4375.84,4376.9"},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/725","type":"Annotation","motivation":"transcribing","body":{"type":"TextualBody","value":"If it's helpful to you, or some say something comes up in the meeting.","format":"text/plain"},"target":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468#t=4382.8,4391.91"}]},{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145","type":"AnnotationPage","label":{"en":["English [Transcript]"]},"items":[{"id":"https://houstonlibrary.aviaryplatform.com/collections/2509/collection_resources/112860/file/215468/transcript/71145/annotation/726","type":"Annotation","motivation":"subtitling","body":{"type":"TextualBody","value":"https://d9jk7wjtjpu5g.cloudfront.net/file_transcripts/associated_files/000/071/145/original/OH0095HenryKriegel.vtt?1727316620","format":"text/vtt","language":"en"},"target":"https://d9jk7wjtjpu5g.cloudfront.net/file_transcripts/associated_files/000/071/145/original/OH0095HenryKriegel.vtt?1727316620"}]}]}]}