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HomeMy WebLinkAbout1994.04.25_City Council MinutesOWASSO CITY COUNCIL MINUTES OF special MEETING Monday, April 25, 1994 The Owasso City Council met in special session on Monday, Apri125, 1994 in the Conference Room at Owasso City Hall per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 p.m. on Thursday, April 21, 1994. ITEM 1: CALL TO ORDER Mayor Randolph called the meeting to order at 6:34 p. m. ITEM 2: ROLL CALL PRESENT ABSENT Bob Randolph, Mayor John Phillips, Vice Mayor Mary Lou Barnhouse, Councilor Rex Bowen, Councilor Charles Burris, Councilor A quorum was declared present. ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO RESOLUTION 94-OS A RESOLUTION APPROVING THE INCURRING OF INDEBTEDNESS OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY BY THE ISSUANCE OF REVENUE BONDS OF THE AUTHORITY NOT TO EXCEED $7,000,000, WAIVING COMPETITIVE BIDDING AND AUTHORIZING THE SALE OF SUCH BONDS AT A DISCOUNT. Mr Ray presented the resolution, which would allow the issuance of revenue bonds by the Owasso Economic Development Authority to provide funds to acquire, construct, equip and furnish a manufacturing facility in Owasso for National Steak Processors Inc. Mayor Randolph moved, seconded by Charles Burns, to approve Resolution 94-05. AYE: Randolph, Burris, Bowen, Barnhouse, Phillips NAY: None Motion carried 5-0. Owasso City Council ITEM 4: ADJOURNMENT Charles Burns moved, seconded by John Phillips to adjourn. AYE: Burris, Phillips, Bowen, Barnhouse, Randolph NAY: None Motion carried 5-0 and the meeting was adjourned at 6:56 p.m. April 25, 1994 / ~ (~G Marci Boutwell, Council Jerk 2