HomeMy WebLinkAbout1992.01.06_OPGA Minutes_SpecialOWASSO PUBLIC GOLF AUTHORITY
MINUTES OF SPECIAL MEETING
Monday, January 6, 1992, 5; 30 p.m.
Owasso City Hall Conference Room
MEEMBERS PRESENT MEMIBERS ABSENT STAFF PRESENT
Brian Skelton Tom Rikkola Marcia Boutwell
Glenna Anderson Rodney Ray
Ed Sokolosky Ron Cates
Bob Oldefest Steve Compton
The Owasso Public Golf Authority met in a special session on Monday, January 6, 1992 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 2:00 p.m. on Thursday, January 2, 1992.
ITEM 1: CALL TO ORDER
`lice -Chairperson Brian Skelton called the meeting to order at 5 e 35 p.m. and declared a quorum
present.
REQUESTITEM 2: APPROVAL OF N, •:: •; 1991
SPECIAL MEETING. , ) 11 1991
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L C ' •••• AND
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SPECIAL
After reviewing the minutes of the four special meetings, Bob Oldefest moved that they be
approved. The motion was seconded by Ed Sokolosky and carried 4-0.
ITEM 3: CONSIDER ADOPTIONOF 92-01 AUTHORIZING
AMENDMENT• THE DECLARATION OF
OWASSO PUBLIC GOLF AUTHORITY. AND AUTHORIZING EXECUTION
OF DOCUMENTS
Mr. Cates and Mr. Hawkins explained that the Declaration of Trust needs to be amended to set
term limits on the Trustees. There was discussion concerning staggering the years in which
Trustees are appointed, with two options being presented. In one plan one Trustee would be
appointed at the end of 11, 12, 13, 14, & 15 years from the date of adoption of this resolution,
with each Trustee serving for 15 years from the date of appointment. In the other plan one
Trustees would be appointed at the end of 3, 6, 9, 12, & 15 years from the date of adoption of
this resolution, with each Trustee serving for 15 years from the date of appointment. After
discussing the merits of each plan and the need for term limits, Bob Oldefest moved to adopt
Resolution 92-01 with the original terms of office being 11, 12, 13, 14, & 15 years. The
motion was seconded by Ed Sokolosky and carried 4-0.
Owasso Public Golf Authority
Minutes of January 6, 1992
Page 2
ITEM 4: REQUEST FOR APPROPRIATE TRUSTEE ACTION RELATING TO THE
POSITION OF BOND COUNSEL TO THE AUTHORITY. IT IS THE INTENT
OF THIS AGENDA ITEM TO PROVIDE A FINAL RESOLUTION TO THE
ISSUE OF BOND COUNSEL AND WILL INCLUDE A SPECIFIC REQUEST
FOR TRUSTEE ACTION EITHER TO WORK WITH THE FIRM OF
PHILLIPS, MCFALL. MCCAFFREY MCVAY & MURRAH AS PER
EXISTING CONTRACT OR TO UTILIZE THE FIRM OF HILBORNE &
WEIDMAN AS BOND COUNSEL AS PER A REQUEST FROM S_TIFEL
NICOLAUS & CO.
This item was stricken from the agenda as an agreement had been reached between the parties
which did not require Trustee action.
ITEM 5: TRUSTEE ACTION ON RESOLUTION #92-02, A RESOLUTION
AUTHORIZINGOF • TO :11 111
OWASSO PUBLIC GOLF AUTHORITY► •
BONDS, SERIES 1992, WAIVING COMPETITIVE BIDDTNG ON SAID
BONDS AND AUTHORIZING THE SALE OF THE BONDS AT A
DISCOUNT, APPROVING PROJECT AGREEMENTS, AUTHORIZING A
BOND INDENTURE • CONTRACT OF PURCHASE
John Weidman explained the resolution authorizing the issuance of bonds, waiving competitive
bidding, authorizing the sale of bonds at a discount, approving project agreements, and
authorizing a bond indenture and contract of purchase. There was much discussion concerning
the need for a project agreement. Following a lengthy discussion, Glenna Anderson moved to
adopt Resolution 92-02 with the inclusion of a statement that Terry Hawkins shall act as Bond
Counsel for the Authority in connection with the issuance, sale and delivery of the bonds. The
motion was seconded by Ed Sokolosky and carried 4-0.
Mr. Weidman discussed the ate exception questionsconcerning
Owasso Public Golf Authority
Minutes of January 6, 1992
Page 3
The Chair called for a special meeting of the Authority at 5:30 p.m on Thursday, January 9,
1992 to discuss and take appropriate action on the selection of a contractor for the construction
of a municipal golf facility.
Ed Sokolosky moved, seconded by Bob Oldefest to adjourn. Motion carried and the meeting
was adjourned at 6:35 p.m.
T M Rikkola, Jr, Chairperson
ority Secr tary