HomeMy WebLinkAbout1994.10.14_OPGA Minutes_SpecialOWASSO PUBLIC GOLF AUTHORITY
MINUTES OF SPECIAL MEETING
Friday, October 14, 1994, 1:00 p.m.
Owasso City Hall Conference Room
MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT
Brian Skelton Tom Rikkola Marcia Boutwell
Glenna Anderson
Bob Oldefest
Ed Sokolosky
The Owasso Public Golf Authority met in a special session on Friday, October 14, 1994 at
1:00 p.m. at the Owasso City Hall Conference Room per the Notice of Public Meeting called
by the Chairperson at 1:00 p.m. on Wednesday, October 12, 1994 and posted on the City Hall
bulletin board at 5:00 p.m. on Friday, October 12, 1994.
Chairperson Brlan Skelton called the meeting to order at 1:17 p.m., and declared a quorum
present.
LT-EM2' CONSIDERATION FOR REVISION OF INTERIM DRAW ARRANGEMENT
FOR 11 BAILEY -GOLF RANCH MANAGEMENT INC.
A review of the banking procedures for Bailey Golf Ranch established at the regular OPGA
meeting on September 27 has revealed that the initial start up cash draw of $40,000 is not
sufficient to handle all the necessary cash disbursements. In a memorandum to the Trustees, Mr
Fitzsimmons requested that an additional $80,000 be transferred to the Bailey Golf Ranch
Management Inc operating account immediately in order to cover expenses which are due prior
to the date of the next draw. He also requested that the amounts originally approved be
reviewed at the October 25th regular meeting.
Ed Sokolosky moved, seconded by Glenna Anderson, to approve the transfer of $80,000 from -
the OPGA money market account to the Bailey Golf Ranch Management Inc operating account,
effective immediately. Motion carried 4-0.
ITEM I A_
DJOURNMENT
Ed Sokolosky moved, seconded by Bob Oldefest to adjourn
was adjourned at 1018 m
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Marc Boutwell, �Authority Secretary
Motion carried and the meeting
Brian Skelton, Chairperson