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HomeMy WebLinkAbout1990.02.20_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY FEBRUARY 20, 1990 On Tuesday, February 20, 1990 the Owasso Public Works Authority met in a regular session in the Council Chambers at the Community Center per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 4:00 p.m. on Friday, February 16, 1990. ITEM 1: CALL TO ORDER. The meeting was called to order at 7:00 p.m presiding. ITEM 2: FLAG SALUTE. The flag salute was led by Chairman Marlar. ITEM 3: ROLL CALL. PRESENT: Patricia K. Marlar, Chairman Mark Thompson, Vice Chairman Von E. Stockler, Trustee Stacy P. Lamb, Trustee Rodney J. Ray, City Manager Jane Buchanan, Secretary ABSENT: John P. Phillips, Trustee Ronald D. Cates, O.P.W.A. Attorney A quorum was declared present. with Chairman Marlar ITEM 4: REQUEST APPROVAL OF THE MINUTES OF FEBRUARY_6. 1990. A motion was made by M. Thompson, seconded by V. Stockler, to approve the minutes, as written, by reference hereto. AYE: Thompson, Stockler, Lamb, Marlar NAY: None MOTION: Carried 4-0 1 OWASSO PUBLIC WORKS AUTHORITY ITEM 5: REQUEST APPROVAL OF THE WARRANTS. FEBRUARY 20, 1990 A motion was made by M. Thompson, seconded by V. Stockler, to approve the warrants as follows: (1) $8,969.09 and (2) Payroll $18,671.71 and $18,679.24. AYE: Thompson, Stockler, Lamb, Marlar NAY: None MOTION: Carried 4-0 ITEM 6: REQUEST TRUSTEE ACTION RELATING TO REQUESTED CHANGES IN THE CURRENT OPERATING BUDGET (1989-1990) OF THE OWASSO PUBLIC WORKS AUTHORITY REVISING REVENUES AND EXPENDITURES. Mr. Ray presented this item to the Trustees stating the cost of some operations were severely underestimated and the expenditures during the first six months of the year were excessive. He further stated the concern with the financial condition of the Authority is in the annual operating budget and not the overall financial integrity of the Trust. The purpose of this request is to inform the Trustees of the operational problems and to initiate a request for changes in the budget that will allow us to begin the process of corrective actions. The budget revisions reflect a real increase in revenues of $55,846.00, a reduction in expenses of $40,000.00 for a total of $95,846.00 available for appropriation to the various departments. The request also reflects a real increase in expenses of $107,478.00. With this request there will be a required use of $11,632.00 in operational reserves at the end of the year. A motion was made by M. Thompson, seconded by S. Lamb, to approve the budget amendments and revisions as presented. AYE: Thompson, Lamb, Stockler, Marlar NAY: None MOTION: Carried 4-0 ITEM 7: REPORT FROM O.P.W.A. MANAGER. None 2 OWASSO PUBLIC WORKS AUTHORITY ITEM 8: REPORT FROM O.P.W.A. ATTORNEY. None ITEM 9: NEW BUSINESS. None FEBRUARY 20, 1990 ITEM 10: ADJOURN. With there being no further business to be brought before the Trustees, a motion was made by S. Lamb, seconded by M. Thompson, to adjourn. AYE: Lamb, Thompson, Stockler, Marlar NAY: None MOTION: Carried 4-0 Meeting was adjourned at 7:08 p.m. (2, Z"�� J.45Ve Buchanan, Secretary atricia K. Marlar, Chairman 3