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HomeMy WebLinkAbout1998.02.03_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY MINUTES OF REGULAR MEETING Tuesday, February 3, 1998 The Owasso Public Works Authority met in regular session on Tuesday, February 3, 1998 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 Friday, January 31, 1998. ITEM l: CALL TO ORDER Chairman Barnhouse called the meeting to order at 7:31 p.m. ITEM 2: FLAG SALUTE The flag salute was given during the City Council meeting preceding this meeting. ITEM 3: ROLL CALL PRESENT Mary Lou Barnhouse, Chair Tracy Standridge, Vice Chair Denise Bode, Trustee Mark Wilken, Trustee STAFF Rodney J Ray, City Manager Ronald D Cates, Authority Attorney Marcia Boutwell, Authority Secretary ABSENT Michael Helm, Trustee ITEM 4: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR APPROVAL OF THE CONSENT AGENDA. A. Approval of the Minutes of January 20, 1998 Regular Meeting. B. Approval of Claims Mr Wilken moved, seconded by Dr Bode, to approve the consent agenda. The consent agenda included minutes of the January 20, 1998 regular meeting, by reference made a part hereto. Item B on the consent agenda included the following claims: (1) OPWA Fund $21,019.92; (2) OPWA Capital Improvement Fund $105,797.71; (3) OPWA Sales Tax Fund $42,934.60; (4) Interfund Transfers $37,447.83; (5)Payroll $25,325.74, AYE: Wilken, Bode, Standridge, Barnhouse NAB': None Motion carried 4-0. Owasso Public Works Authority February 3, 1998 ITEM 5: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF AN AMENDMENT TO THE FY 1997-98 OPWA SALES TAX CAPITAL FUTURE FUND BUDGET. Ms Bishop stated that approval of Ordinance #553 amended the purpose of the City's one percent sales tax, allowing for the amounts accumulated in the OPWA Capital Future Fund to date, plus those amounts to be accumulated through June 30, 2001, to be available to fund the projects approved in the 1997 bond issue. The existing amount in the Capital Future Fund is $1,150,161.56. Staff recommended amending that budget to transfer that amount to the Bond Projects Fund, Mr Wilken moved, seconded by Dr Bode, to approve an amendment to the OPWA Sales Tax Capital Future Fund .budget, wherein a transfer to the Bond Projects Fund is increased by $1,150,162. AYE: Wilken, Bode, Standridge, Barnhouse NAY: None Motion carried 4-0. ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE AUTHORIZATION TO TRANSFER "THE AMOUNTS IN THE CAPITAL FUTURE FUND ACCUMULATED TO DATE PLUS THOSE AMOUNTS TO BE ACCUMULATED THROUGH JUNE 30 2001" TO THE BOND PROJECTS FUND (ORDINANCE NO 553). As stated in the above item, Ordinance #553 amended the purpose of the City's one percent sales tax, allowing for the amounts accumulated in the OPWA Capital Future Fund to date, plus those amounts to be accumulated through June 30, 2001, to be available to fund the projects approved in the 1997 bond issue. Mr Wilken moved, seconded by Dr Bode, to approve the transfer of $1,150,161.56 currently in the Sales Tax Capital Future Fund, plus those amounts to be accumulated through June 30, 2001, to the Bond Projects Fund. AYE: Wilken, Bode, Standridge, Barnhouse NAY: None Motion carried 4-0. No report. 2 Owasso Public Works Authority ITEM 8: REPORT FROM OPWA ATTORNEY No report. ITEM 9: UNFINISHED BUSINESS None. ITEM 10: NEW BUSINESS None. ITEM 11: ADJOURNMENT Dr Standridge moved, seconded by Dr Bode, to adjourn. AYE: Standridge, Bode, Wilken, Barnhouse NAY: None Motion carried 4-0, and the meeting was adjourned at 7:35 p.m. Marcia outwell, Authority Secretary I February 3, 1998 Mary Ld� Barnhouse, Chairperson