HomeMy WebLinkAbout1995.07.24_City Council MinutesOWASSO CITY COUNCIL
MINUTES OF SPECIAL MEETING
Monday, July 24, 1995
The Owasso City Council met in special session on Monday, July 24, 1995 in the Council
Chambers at the Owasso Community Center, 301 S Cedar, per the Notice of Public Meeting and
Agenda posted on the City Hall bulletin board at 4:00 p. m. on Tuesday, July 18, 1995.
ITEM 1: CALL TO ORDER
Mayor Burris called the meeting to order at 7:00 p. m.
ITEM 2: ROLL CALL
PRESENT
ABSENT
Charles Burns, Mayor
Danny Ewing, Vice Mayor
Mary Lou Barnhouse, Councilor
Joe Ramey, Councilor
Michael Helm, Council
STAFF
Rodney J Ray, City Manager
Marcia Boutwell, City Clerk
A quorum was declared present.
Councilor Ramey gave the invocation and Mayor Burris led in the flag salute.
ITEM 3: PRESENTATION AND DISCUSSION, INCLUDING PUBLIC COMMENT, OF
A PROPOSED LOW INCOME HOUSING TAX CREDIT APPLICATION.
Mr Lonnie Hardin, of the city staff, made a brief presentation in which he explained that the
Internal Revenue Service has had a program under Title 42 of the Internal Revenue Code
whereby an owner or developer of real estate or housing may build new housing or renovate
existing housing for low income residency. If the owner or developer builds such housing, that
owner or developer may receive tax credits against his income tax from the property. In the
state of Oklahoma, City Councils are allowed to debate and act upon the proposed projects. One
of the requirements is that a public hearing be conducted to present the proposed application and
gather public comments. On June 23, 1995, the City of Owasso received notice from the
Oklahoma Housing Finance Authority that NHPAHP Development Company of West Palm
Beach, Florida had filed application for tax credits for development at 86th Street North and
Mingo Road.
Mr Hardin introduced Mr Roy Cartwright, of the Larkin Bailey Foundation, who explained the
role of the Foundation. Mr Cartwright said that the Foundation is exploring the possibility of
bringing a project to Owasso.
Owasso City Council
July 24, 1995
Mr Joe Venezia, representing the proposed developer, spoke briefly and then opened the floor
for questions from the audience. Approximately 175 persons were in attendance. Mr Venezia
responded to the questions put forth, and comments were noted.
The City Council will take action relating to the proposed tax credit appliction at the regular
meeting of the Council on August 1, 1995.
ITEM 4: ADJOURNMENT
Ms Barnhouse moved, seconded by Mr Ewing to adjourn.
AYE: Barnhouse, Ewing, Ramey, Helm, Burns
NAY: None
Motion carried 5-0 and the meeting was adjourned at 9:05 p.m.
Marti Boutwell, City Clerk
Ch es L Burris, Mayor
2