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HomeMy WebLinkAbout1991.12.11_OPGA Minutes_SpecialOWASSO PUBLIC GOLF AUTHORITY MINUTES OF SPECIAL MEETING Wednesday, December 11, 1991, 5:30 p.m. Owasso City Hall MEMBERS PRESENT Tom Rikkola Brian Skelton Glenna Anderson Ed Sokolosky Bob Oldefest i STAFF PRESENT Marcia Boutwell Rodney Ray Sherry Bishop Ron Cates Steve Compton Also present were Bland Pittman, Reve Hammons, and Cecil Cotner of Pittman, Poe & Associates. The Owasso Public Golf Authority met in a special session on Wednesday, December 11, 1991 at 5:30 p.m. in the Owasso City Hall Conference Room per the Notice of Public Meeting posted on the City Hall bulletin board at 10:00 a.m. on Monday, December 9, 1991. ITEM 1 e CALL TO ORDER Chairperson Tom Rikkola called the meeting to order at 5:30 p.m. and declared a quorum present. ITEM 2: REVIEW DISCUSSION AND APPROPRIATE ACTION ON FEASIBILITY STUDY Steve Gilbert was present from Coopers & Lybrand. The Feasibility Study has been completed, but the partners have not signed off on the Opinion Letter. No action can be taken by the Authority until that letter is signed. ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING t O AN AGREEMENT BETWEEN THE OWASSO PUBLIC GOLF AUTHORITY AND 1. FINANCIAL ADVISOR ,R UNDERWRITER Representatives from Leo Oppenheim Company and Stifel Nicolaus were present for questions. Glenna Anderson moved that Stifel Nicolaus be asked to be the bond underwriter. No second to the motion was forthcoming and the motion died for lack of a second. Following questions and discussion concerning the use of bond counsel, Glenna Anderson again moved that Stifel Nicolaus be hired as underwriter for a bond issue for the golf facility. Motion was seconded by Bob Oldefest. A vote on the motion was recorded as follows: Owasso Public Golf Authority Minutes of December 11, 1991 Page 2 Glenna Anderson - Yes Bob Oldefest - Yes Ed Sokolsoky - Yes Brian Skelton - No Tom Rikkola - Yes The motion carried 4 - 1. ITEM 4: ADJOURNMENT Ed Sokolosky moved, seconded by Brian Skelton to adjourn. Motion carried and the meeting was adjourned at 5:50 p.m. -"` T M Rikkola, Jr, Chairperson Marcia Boutwell, Auth city Secretary