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HomeMy WebLinkAbout1991.06.12_OEDA MinutesOWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING WEDNESDAY, JUNE 12, 1991, 12:00 NOON OWASSO CITY HALL CONFERENCE ROOM, 207 S. CEDAR Present Alan Anderson Frank Enzbrenner Tom Kimball Brenda Lawrence (out 1:15) Patricia Marlar Bill Retherford Absent Mark Thompson Staff Present Steve Compton Richard Hall Sherry Lambert Rodney Ray 1. CALL TO ORDER AND ROLL CALL Chairman Brenda Lawrence called the meeting to order at 12:20 p.m. and declared a quorum present. 2. CONSIDERATION TO APPROVE THE MINUTES OF THE MAY 8, 1991 REGULAR MEETING Motion was made by Patricia Marlar and seconded by Tom Kimball to approve the Minutes of the May 8, 1991 meeting as written. A vote on the motion was recorded as follows: Alan Anderson - Yes Frank Enzbrenner - Yes Tom Kimball -Yes Brenda Lawrence - Yes Patricia Marlar - Yes Bill Retherford - Yes the motion carried. 3. REQUEST FOR APPROVAL OF WARRANTS. Sherry Lambert and Richard Hall discussed the warrant list. Motion was made by Tom Kimball and seconded by Patricia Marlar to approve the warrants. A vote on the motion was recorded as follows: Alan Anderson - Yes Frank Enzbrenner - Yes Tom Kimball -Yes Brenda Lawrence - Yes Patricia Marlar - Yes Bill Retherford - Yes the motion carried. Owasso Economic Development Authority Minutes of June 12, 1991 Page 2 4. PRESENTATION OF FINANCIAL REPORT. Sherry Lambert discussed the Financial Report with the trustees. She discussed reimbursement due of the Chamber of Commerce to the O.E.D.A. in the amount of $5,327.61 for salaries. She said that the account needed to current as of the end of the month for the O.E.D.A. to close the fiscal year. No action was taken on the matter. Rodney Ray announced that the Oklahoma Department of Commerce E.I.N. contract monies had been received bringing the balance of O.E.D.A. accounts to $46,000. 5. STATUS REPORT REGARDING IMPLEMENTATION OF THE ECONOMIC DEVELOPMENT STRATEGY. Steve Compton briefed the Authority on the status of the tasks reported in the Economic Development Strategy. He displayed a draft of brochures to explain how to do business with the city. The O.E.D.A. discussed the brochures and other aspects of the Strategy. 6. DISCUSSION OF THE FEASIBILITY OF AN INDUSTRIAL PARK IN SECTION 7 OF TOWNSHIP 21 NORTH, RANGE 14 EAST Richard Hall discussed the feasibility of developing an industrial park in the mile bounded by 97th East Avenue, Garnett Road, 106th Street North and 116th oStreet North. No action was taken on the report by the O.E.D.A. trustees. 10. NEW BUSINESS Frank Enzbrenner introduced an item of New Business. Frank informed the trustees that the Small Business Administration (S.B.A.) had on the morning of the June 12, 1991, requested a letter of estoppel stating the S.B.A. collateral position on its loan to Woods Precision Products. Patricia Marlar read to the trustees a portion of the February 5, 1991 City Council Minutes that had approved the C.D.B.G. loan package. Motion was made by Alan Anderson and seconded by Frank Enzbrenner to authorize the O.E.D.A. chairwoman to endorse the estoppel letter to the Small Business Administration. A vote on the motion was recorded as follows: Alan Anderson - Yes Frank Enzbrenner - Yes Tom Kimball -Yes Brenda Lawrence - Yes Patricia Marlar - Yes Bill Retherford - Yes the motion carried. Brenda Lawrence left the meeting. 7. DISCUSSION OF AND RECOMMENDATIONS FOR APPOINTMENTS TO THE O.E.D.A. Richard Hall discussed O.E.D.A. members' terms of office and reappointments in July by the City Council. The trustees discussed the terms of Owasso Economic Development Authority Minutes of June 12, 1991 Page 3 office. Motion was made by Tom Kimball and seconded by Alan Anderson to recommend to the City Council that Brenda Lawrence be appointed to a five year term and that the Chamber of Commerce appoint another trustee to serve as its designated representative with a one year term of office. A vote on the motion was recorded as follows: Alan Anderson - Yes Frank Enzbrenner - Yes Tom Kimball -Yes Patricia Marlar - Yes Bill Retherford - Yes the motion carried. 8. ATTORNEY'S REPORT There was no Attorney's Report 9. UNFINISHED BUSINESS There was no Unfinished Business 11. ADJOURN Motion was made by Frank Enzbrenner and seconded by Alan Anderson to adjourn the meeting. A vote on the motion was recorded as follows: Alan Anderson - Yes Frank Enzbrenner - Yes Tom Kimball -Yes Patricia Marlar - Yes Bill Retherford - Yes the meeting was adjourned at 1:30. Chairman Secretary 10 Date Approve