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HomeMy WebLinkAbout2013.12.12_OEDA MinutesMEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF MEETING Thursday, December 12, 2013 The Owasso Economic Development Authority met in regular session on Thursday, December 12, 2013 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, December 10, 2013. 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. R.-MI.ii ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE OEDA CONSENT AGENDA A. Approval of minutes of the November 14, 2013 Regular Meeting B. Approval of claims C. Acceptance of the monthly financial report Ms. Moberly moved to approve the consent agenda, seconded by Mr. Enzbrenner. 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: Discussion reaarding a protect for Precision Aerospace Inc and certain of its affiliates requesting of the Authority to issue its industrial development revenue bonds to finance costs of such project Warren Lehr introduced Allan Brooks with the Public Finance Law Group, PLLC. Mr. Brooks introduced a request made by Precision Aerospace, Incorporated to obtain financing utilizing industrial development revenue bonds through the OEDA and discussion as held. It was further explained that the item would be presented to the City Council at their January meeting. The OEDA may be asked to consider an Inducement Resolution during their January meeting. December 12, 2013 ITEM 5: REPORT FROM OEDA MANAGER Mr. Lehr introduced Bronce Stephenson who presented the Monthly Building Report for November; Roger Stevens presented the Public Works project status update; and Sherry Bishop provided a sales tax report. ITEM 6: REPORT FROM OEDA TRUSTEES No Report ITEM 7: NEW BUSINESS None ITEM 8: ADJOURNMENT Mr. 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 11:15 AM, the meeting adjourned. J ionn M. Stevens, Minute Clerk WM