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HomeMy WebLinkAbout2008 01_Priority of Capital Funds_2008.04.07A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA, AMENDING PRIORITY DETERMINATION OF CAPITAL IMPROVEMENT PROJECTS FOR FUNDING FROM THE CAPITAL IMPROVEMENTS FUND. WHEREAS, on the 14th day of October, 2003, the citizens of the City of Owasso, Oklahoma, approved Ordinance Number 763, an ordinance providing for the extension of the third penny sales tax and further, restricting the use of said sales tax generated by such third penny extension to capital projects reviewed by the Capital Improvements Committee and approved by the City Council by resolution; WHEREAS, the City Council, by Resolution No. 2007 -05, designated as priorities, specifically: the North 129th East Avenue Road Widening Project, Street Improvement /Repair Program, Main Street Redevelopment Project, Sportspark, East 86th Street North Road Widening Project, and a Joint Training Facility; and, WHEREAS, the City Council, after having received a recommendation from the Capital Improvements Committee that the following five projects: 1) Street Improvement /Repair Program, 2) Sportspark, 3) East 86th Street North Widening Project, 4) East 106th Street North and North Garnett Road intersection improvements, and 5) Tulsa Community College /Tulsa Technology Center Road Construction Project and Land Acquisition be included in the priority projects list, and after properly notifying the Public, all in accordance with Resolution No. 2003- 14, has held a Public Hearing as required by the aforesaid resolution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA, that, to -wit: The Capital Projects heretofore designated as priorities be amended by providing, to -wit: the 1) Street Improvement /Repair Program, 2) Sportspark, 3) East 86th Street North Widening Project, 4) East 106th Street North and North Garnett Road intersection improvements, and 5) Tulsa Community College /Tulsa Technology Center Road Construction Project and Land Acquisition — are hereby approved and shall be considered as the priority capital projects for funding from the Capital Improvements Fund. ATTEST: Sherry Bip, City Clerk .. / :` • •. • Attorney DATED this 7th day of April, 2008. Stephen C taudella, Mayor