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HomeMy WebLinkAbout1994.09.27_OPGA MinutesOWASSO PUBLIC GOLF AUTHORITY MINUTES OF REGULAR MEETING Tuesday, September 27, 1994, 5:30 p.m. Bailey Golf Ranch Maintenance Facility MEMBERS PRESENT Brian Skelton Glenna Anderson Bob Oldefest Ed Sokolosky _ 1� . � ,, Tom .. The Owasso Public Golf Authority met in a regul at 5 0 30 p.m. at the Bailey Golf Ranch Maintenance posted on the City Hall bulletin board at 9 e 00 a.m. STAFF PRESENT Warren Lehr Kirk Ruark Jim Fitzsimmons Ikon Armstrong Marcia Boutwell Rodney Ray Ron Cates ar session on Tuesday, September 27, 1994 Facility per the Notice of Public Meeting on Thursday, September 22, 1994. Chairperson Brian Skelton called the meeting to order at 5:30 p.m., and declared a quorum present. APPROVAL MEETING Bob Oldefest moved to approve the minutes as written. Motion seconded by Glenna Anderson and carried 4-0. FINANCIAL REPORTS. Authority Attorney Ron Cates explained that OPGA funds are public funds and need to be in a public collateralized account. Following discussion, Bob Oldefest moved to designate First Bank of Owasso as the depository institution for OPGA funds. He further moved that the Chair, Mice Chair and Ed Sokolosky be the designated signatories, with the corporate resolution showing that two signatures will be required for fund withdrawals, and that the authority secretary be authorized to execute the resolution to such effect. Motion seconded by Glenna Anderson and carried 4-0. Owasso Public Golf Authority Minutes of September 27, 1994 Page 2 ITEM 5: CONSIDERATION FOR APPROVAL OF INTERIM DRAW ARRANGEMENT FOR BAILEY GOLF RANCH MANAGEMENT INC. Glenna Anderson moved, seconded by Ed Sokolosky, to approve an interim draw arrangement whereby First Bank of Owasso will be authorized to transfer from the OPGA account upon its obtaining funds, the sum of $40,000 on the first Monday of each month and $60,000 on the third Monday of each month. Motion carried 4-0. Discussion revealed that the authorized draw dates would not work well for getting bills paid in a timely manner. Ms Anderson moved to rescind her motion. Seconded by Ed Sokolosky and carried 4-0. The motion was rescinded. After further discussion, Glenna Anderson moved to approve an interim draw arrangement whereby First Bank of Owasso will be authorized to transfer from the OPGA account upon its obtaining funds, an immediate sum of $40,000, and on the 25th of September the sum of $60,00; and on the 10th and 25th day of each succeeding month thereafter the sum of $40,000 and $60,000 respectively. Motion seconded by Bob Oldefest and carried 4-0. ITEM --6 CONSIDERATION FOR APPROVAL TO OBTAIN FIDELITY BOND FOR WARREN LEHR. Mr Cates discussed the necessity of having a fidelity bond covering those persons handling large sums of money. Ed Sokolosky moved that the OPGA obtain fidelity bonding for those persons handling OPGA funds, unless it is determined that Bailey Golf Ranch Management has fidelity bonding on them. Motion seconded by Bob Oldefest and carried 4-0. ITEM 7. CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REPORT REGARDING LAKE DREDGING. L Q Mr Ray discussed the status of the lake dredging. INCOG has completed their work, but a report has not been received from them. The study indicates that most of the lake will need to be dredged to a depth of six feet, with an eight foot depth being needed in some places. It has been indicated to some members of the Authority that Drumright Vo-Tech and/or the National Guard will do the project at no cost. There was discussion concerning testing of the soil in the lake bed. Glenna Anderson moved to authorize testing when it becomes necessary. Motion seconded by Ed Sokolosky and carried 4-0. Owasso Public Golf Authority Minutes of September 27, 1994 Page 3 ITEM 8: GENERAL DISCUSSION AND UPDATE ON GOLF_ COURSE MANAGEMENT ISSUES Items of discussion were the completion of the street to the clubhouse and funds available from the Larkin Bailey Foundation. Ed Sokolosky out at 6:45 p.m. Mr Lehr brought up the question of restrooms on the front nine. Consensus was that nothing be done until spring. Mr Lehr also said that there may be an increase in greens fees, and the tournament rates may also increase, but will include range balls. ITEM 9: UNFINISHED BUSINESS Q ITEM 10. NEW BUSINESS ITEM 1 I * ADJOURNMENT Bob Oldefest moved, seconded by Glenna Anderson to adjourn. Motion carried 3-0 and the meeting was adjourned at 7:00 p.m. Brian Skelton, Chairperson Marc a Boutwell, Au hority Secretary