HomeMy WebLinkAbout2014.01.09_OEDA MinutesMEETING OF THE
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
MINUTES OF MEETING
Thursday, January 9, 2014
The Owasso Economic Development Authority met in regular session on Thursday, January 9,
2014 in the Lower Level Conference Room at City Hall per the Notice of Public Meeting and
Agenda posted on the City Hall bulletin board at 5:00 PM on Tuesday, January 7, 2014.
ITEM 1: CALL TO ORDER ,& ROLL CALL
Dr. Spriggs called the meeting to order at 10:00 AM,
PRESENT
Bryan Spriggs, Chairman
Dirk Thomas, Vice chairman
Gary Akin, Secretary
David Charney, Trustee
Jeri Moberly, Trustee
Dee Sokolosky, Trustee
Frank Enzbrenner, Trustee
A quorum was declared present.
ABSENT
ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE
APPROVAL OF THE OEDA CONSENT AGENDA
A. Approval of minutes of the December 12, 2013 Regular Meeting
B. Approval of claims
C. Acceptance of the monthly financial report
Mr. Enzbrenner moved to approve the consent agenda, seconded by Ms. Moberly
AYE: Spriggs, Sokolosky, Enzbrenner, Moberly, Akin, Thomas, Charney
NAY: None
Motion carried 7 -0.
ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO ITEMS REMOVED FROM THE
CONSENT AGENDA
No action required
ITEM 4: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A PROJECT FOR PRECISION
AEROSPACE, INC. AND CERTAIN OF ITS AFFILIATES AND DETERMINING THE OFFICIAL
INTENT OF THE AUTHORITY TO ISSUE ITS INDUSTRIAL DEVELOPMENT REVENUE BONDS IN A
PRINCIPAL AMOUNT NOT TO EXCEED 12,000,000 TO FINANCE THE COSTS OF SUCH
PROJECT; AND CONTAINING OTHER PROVISIONS THERETO.
Ms. Levo presented the item and introduced OEDA Resolution No. 2014 -01.
Discussion was held. Mr. Sokolosky suggested a revision to Section 1. Finding and
Determinations, by striking "that in order to increase the economy, welfare, and
prosperity of the citizens of the City of Owasso, Oklahoma ". Allan Brooks with the
Public Finance Law Group, PLLC was present to answer additional questions.
Mr. Sokolosky moved to adopt OEDA Resolution
Section 1, seconded by Mr. Charney.
AYE: Spriggs, Sokolosky, Enzbrenner, Moberly, Akin,
NAY: None
Motion carried 7 -0.
ITEM 5: REPORT FROM OEDA DIRECTOR
January 9, 2014
No. 2014 -01 with the revision in
Thomas, Charney
Ms. Levo introduced Bronce Stephenson who presented the Monthly Building Report
for December; Roger Stevens presented the Public Works project status update; and
Sherry Bishop provided a sales tax report. Ms. Levo discussed business developments
and economic development activities.
ITEM 5: REPORT FROM OEDA MANAGER
No Report.
ITEM 6: REPORT FROM OEDA TRUSTEES
No Report
ITEM 7: NEW BUSINESS
None
ITEM 8: ADJOURNMENT
Dr. Thomas moved to adjourn the meeting, seconded by Ms. Moberly.
AYE: Moberly, Sokolosky, Thomas, Spriggs, Akin, Enzbrenner, Charney
NAY: None
Motion carried 7 -0.
At 10:50 AM, the meeting adjourned.
liann M. Stevens, Minute Clerl
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