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HomeMy WebLinkAbout2001.09.25_City Council Minutes OW ASSO CITY COUNCIL MINUTES OF SPECIAL MEETING Tuesday, September 25,2001 The Owasso City Council met in special session on Tuesday, August 14, 2001 in the Lower Level Conference Room at Owasso City Hall per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 2:30 p.m. on Friday, September 21,2001. ITEM 1: CALL TO ORDER Mayor Barnhouse called the meeting to order at 6:08 p.m. PRESENT ABSENT Mary Lou Bamhouse, Mayor Randy Brogdon, Vice Mayor (out at 6:50) Will Williams, Councilor Rebecca Armstrong, Councilor (in at 6:20) Michael Helm, Councilor STAFF Larry Mitchell, City Manager Ronald D Cates, City Attomey Marcia Boutwell, City Clerk A quorum was declared present. ITEM 2: DISCUSSION RELATING TO UTILITY RATES AND PROJECT FINANCING OPTIONS.. Ms Bishop discussed current indebtedness and bond rating. She distributed handouts and discussed various scenarios for funding the proposed water system improvements. Included in the handouts were utility rates from surrounding communities, and proj ected income if rates are raised by varying amounts. She will put together a recommendation utilizing a combination of the scenarios discussed, and it will be included as a discussion item at the November Work Session. ITEM 3: REPORT FROM ASSISTANT CITY MANAGER. Mr Rooney announced that the Oklahoma Municipal League is holding a series of meetings across the state dealing with the proposal to eliminate sales tax on groceries. One of the meetings will be in Miami on October 4th and another will be in Tulsa on Oct 10th. Infonllation regarding these meetings has been distributed to the Council. Owasso City Council September 25, 2001 ITEM 4: ADJOURNMENT Mr Helm moved, seconded by Mr Williams, to adjoum. AYE: Helm, Williams, Armstrong, Barnhouse NAY: None Motion carried 4-0, and the meeting was adjoumed at 8:10 p.m. - 2 -