HomeMy WebLinkAbout1997.12.04_City Council Minutes
OW ASSO CITY COUNCIL
MINUTES OF SPECIAL MEETING
Thursday, December 4, 1997
The Owasso City Council met in special session on Thursday, December 4, 1997 in the Lower
Level Conference Room at City Hall per the Notice of Public Meeting and Agenda posted on
the City Hall bulletin Board at 9:00 a.m. on Tuesday, December 2, 1997.
ITEM 1:
CALL TO ORDER AND ROLL CALL.
Mayor Barnhouse called the meeting to order at 6:35 p.m. Councilors present: Mary Lou
Barnhouse, Mayor; Tracy Standridge, Vice Mayor; Mike Helm, Councilor; Denise Bode,
Councilor; Mark Wilken, Councilor. Staff present: Rodney J Ray, City Manager; Ronald D
Cates, City Attorney; Sherry Bishop, Director of Finance; Robert Carr, Public Works Director;
Keith McDonald, Financial Advisor; Alan Brooks, Bond Counsel.
A quorum was declared present.
ITEM 2:
PRESENTATION AND DISCUSSION OF OPTIONS AND ISSUES RELATING
TO A POSSIBLE ADVANCE REFUNDING OF THE 1988 SERIES OPW A
REVENUE BONDS.
Mr McDonald and Mr Brooks presented issues and options relating to an advance refunding of
revenue bonds issues in 1988 and secured by a pledge of sales tax revenues (third penny).
Discussion followed. No formal action was requested and no vote taken on any item.
ITEM 3:
ADJOURNMENT
Dr Standridge moved, seconded by Dr Bode to adjourn.
AYE:
NAY:
Standridge, Bode, Wilken, Helm, Barnhouse
None
Motion carried 5-0 and the meeting was adjourned at 9:37 p.m.