HomeMy WebLinkAbout1992.09.15_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY SEPTEMBER 15, 1992
On Tuesday, September 15, 1992 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, September 11,
1992.
ITEM 1: CALL TO ORDER.
The meeting was called to order at 8:55 p.m. with Chairman Marlar
presiding.
ITEM 2: FLAG SALUTE.
The flag salute was held during the City Council meeting preceding
this meeting.
ITEM 3: ROLL CALL.
PRESENT: Patricia Marlar, Chairman
Jason Gittelman, Vice Chairman
John Phillips, Trustee
Bob Randolph, Trustee
James Smalley, Trustee
Rodney J. Ray, City Manager
Ronald D. Cates, O.P.W.A. Attorney
Jane Buchanan, Secretary
ABSENT: None
A quorum was declared present.
ITEM 4: REQUEST APPROVAL OF THE MINUTES FROM THE REGULAR MEETING
ON SEPTEMBER 1 1992 AND THE JOINT SPECIAL MEETING ON
SEPTEMBER 9, 1992.
A motion was made by B. Randolph, seconded by J. Phillips, to
approve the minutes as written, by reference hereto.
AYE: Randolph, Phillips, Smalley, Gittelman, Marlar
NAY: None
MOTION: Carried 5-0
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OWASSO PUBLIC WORKS AUTHORITY SEPTEMBER 15, 1992
ITEM 5: REQUEST APPROVAL OF THE CLAIMS
A motion was made by J. Phillips, seconded by B. Randolph, to
approve the claims as follows: (1) $34,287.47 and (2) Payroll
$18,675.61.
AYE: Phillips, Randolph, Gittelman, Smalley, Marlar
NAY: None
MOTION: Carried 5-0
ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A
REQUEST FOR THE EMPLOYMENT OF AN ACCOUNT FIRM FOR THE
PURPOSE OF PERFORMING THE ANNUAL "REBATE CALCULATION" FOR
THE 1988 SERIES REVENUE BONDS.
Ms. Bishop presented this item to the Trustees stating in
connection with this bond issue the Authority certified that
requirements of the Internal Revenue Code of 1986 would be met.
This calculation must be made annually on November 1 and penalties,
if any, paid every five years. The nature of the rebate report is
such that each year all computations are done from the beginning of
the bond issue. The previous auditors calculated the first three
years. In order to resolve any doubts about our rebate liability,
she stated she would like to have the rebate computed as soon as
possible by the Deloitte & Touche firm. Their fee of $2,300.00
would pay for an immediate computation and then an update November
1, 1992.
After discussion, a motion was made by Chairman Marlar, seconded by
J. Gittelman, to approve the extenditure of $2,300.00 to the firm
of Deloittee & Touche for the purpose of conducting a rebate
calculation for the 1988 Series Revenue Bonds for the period of
November 22, 1988 through August 31, 1992 and then update through
November 1, 1992.
AYE: Marlar, Gittelman, Smalley, Phillips, Randolph
NAY: None
MOTION: Carried 5-0
ITEM 7: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A
REQUEST FOR ACCEPTANCE OF A DONATION FROM WAL-MART INC
OF TWO TWENTY -YARD RECYCLE CONTAINERS.
Ms. Buchanan presented this item to the Trustees stating Wal-Mart,
Inc. made contact to see if we would be interested in having the
two containers presently located at their store to use in our
recycle program at the Recycle Center. They would like to donate
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OWASSO PUBLIC WORKS AUTHORITY
them to our recycle efforts.
containers.
SEPTEMBER 15, 1992
Staff recommended acceptance of the
A motion was made by J. Phillips, seconded by J. Gittelman, to
accept the donation from Wal-Mart for the two recycle containers.
AYE: Phillips, Gittelman, Smalley, Randolph, Marlar
NAY: None
MOTION: Carried 5-0
ITEM 8: REPORT FROM O.P.W.A. MANAGER.
None
ITEM 9: REPORT FROM O.P.W.A. ATTORNEY.
None
ITEM 10: UNFINISHED BUSINESS.
None
ITEM 11: NEW BUSINESS.
None
ITEM 12: ADJOURN.
With there being no further business to be brought before the
Trustees, a motion was made by J. Phillips, seconded by J. Smalley,
to adjourn.
AYE: Phillips, Smalley, Randolph, Gittelman, Marlar
NAY: None
MOTION: Carried 5-0
Meeting was adjourned at 9:00 p.m.
Patricia K. Marlar, Chairman
J Buchanan, Secretary
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