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HomeMy WebLinkAbout1997.08.11_City Council Minutes OW ASSO CITY COUNCIL MINUTES OF SPECIAL MEETING Monday, August 11, 1997 The Owasso City Council met in special session on Monday, August 11, 1997 in the Council Chambers at the Owasso Community Center per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 4:00 p.m. on Thursday, August 7, 1997. ITEM 1: CALL TO ORDER Mayor Barnhouse called the meeting to order at 7:03 p.m. ITEM 2: FLAG SALUTE Councilor Bode led in the flag salute. ITEM 4: ROLL CALL PRESENT Mary Lou Barnhouse, Mayor Tracy Standridge, Vice Mayor Michael Helm, Councilor Denise Bode, Councilor Mark Wilken, Councilor ABSENT STAFF Rodney J Ray, City Manager Ronald D Cates, City Attorney Marcia Boutwell, City Clerk A quorum was declared present. ITEM 4: CONSIDERATION AND APPROPRIATE ACTION RELATING TO ORDINANCE #553. AN ORDINANCE AMENDING ORDINANCE #326 DATED APRIL 19. 1983. AS AMENDED BY AMENDED ORDINANCE #326 DATED MAY 5. 1983, AS FURTHER AMENDED BY ORDINANCE #395 DATED AUGUST 18. 1988; AMENDING THE PURPOSE OF THE ONE PERCENT (1 %) SALES TAX LEVIED BY ORDINANCE #326. AS PREVIOUSLY AMENDED: INCLUDING THE AUTHORIZATION OF DEBT AND THE USE OF CAPITAL FUTURE FUNDS: AND REQUIRING ALL PROVISIONS OF THE ORDINANCE TO BE SUBJECT TO THE APPROVAL OF A MAJORITY OF THE REGISTERED VOTERS VOTING AT AN ELECTION CALLED FOR SUCH PURPOSE: ESTABLISHING AN EFFECTIVE DATE OF THIS ORDINANCE: AND CONTAINING OTHER PROVISIONS RELATED THERETO. Owasso City Council August 11, 1997 Mr Ray briefed the City Council relative to the proposed bond issue. He said that Ordinance #395, enacted on August 18, 1988, extended the third penny sales tax to 2007. It also restricted revenue from the third penny to capital improvement projects, established a Capital Future Fund, and created a citizens oversight committee to report to the public. On July 17, 1997, the Capital Improvements Committee voted to recommend to the City Council a proposal that would include funds for street projects, building projects, and Sports Park projects. The proposal would issue debt to be repaid from the third penny sales tax, provide access to funds accumulated in the Capital Future Fund through FY 2001, and call an election to gain voter approval or rejection of the issue. Three public hearings were conducted to gain citizen input relative to the proposal. The process required to enact the proposal includes enactment of an ordinance that includes the specifics of the program and requires approval by a majority of the voters in a special election, and adoption of a resolution authorizing the calling of an election and the establishment of a ballot title. Ordinance #553 details the project list, allows for additions and deletions based on the funds available, sets forth the funding process to allow debt of not to exceed $8,500,000, allows the use of Capital Future Funds accumulated through 2001, and requires voter approval of the ordinance. Dr Bode moved, seconded by Mr Wilken, to adopt Ordinance #553, subject to approval of the voters of the city of Owasso. AYE: Bode, Wilken, Helm, Standridge, Barnhouse NAY: None Motion carried 5-0. ITEM 5: CONSIDERATION AND APPROPRIATE ACTION RELATING TO RESOLUTION #97-08. A RESOLUTION AUTHORIZING THE CALLING AND HOLDING OF AN ELECTION IN THE CITY OF OWASSO. OKLAHOMA (THE "CITY") FOR THE PURPOSE OF SUBMITTING TO THE REGISTERED QUALIFIED ELECTORS OF SAID CITY THE QUESTION OF APPROVAL OR REJECTION OF ORDINANCE #553 OF THE CITY, WHICH AMENDS ORDINANCE #326 OF THE CITY (AS HERETOFORE AMENDED), BY CHANGING THE PURPOSE FOR WHICH CERTAIN SALES TAX MAY BE USED. ALL AS MORE SPECIFICALLY SET OUT IN ORDINANCE #553 OF SAID CITY. Mr Ray said that Resolution #97-08 authorizes the Mayor to issue a proclamation calling an election to be held on October 14, 1997, and setting forth the ballot title. Mr Wilken moved, seconded by Dr Bode, to approve Resolution #97-08. AYE: Wilken, Bode, Helm, Standridge, Barnhouse NAY: None Motion carried 5-0. 2 Owasso City Council August 11, 1997 ITEM 6: ADJOURNMENT Dr Standridge moved, seconded by Dr Bode, to adjourn. AYE: Standridge, Bode, Wilken, Helm, Barnhouse NAY: None Motion carried 5-0, and the meeting was adjourned at 7: 12 p.m. 3