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HomeMy WebLinkAbout1994.10.10_Sales Tax Watchdog Committee AgendaC NOTICE OF PUBLIC MEETING OF THE OWASSO SALES TAX WATCHDOG COMMITTEE TYPE OF MEETING: DATE: TIME: PLACE: Regular October 10, 1994 7:00 p.m. Owasso Community Center Notice and Agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 5:00 p.m. on Thursday, October 6, 1994. Marcia outwell, Committee Secretary AGENDA 1. Call to Order ..... ............................... Mr Philippi 2. Roll Call 3. Welcome to New Members ............................ Mr Philippi 4. Request Approval of Minutes of July 11, 1994 Regular Meeting ..... Mr Philippi Owasso Sales Tax Watchdog Committee October 10, 1994 Page 2 S. Presentation and Discussion of Financial Reports ............... Ms Bishop 6. General Discussion of Projects & Progress Report ................. Mr Ray 7. Request Approval of Completion Report for Fire Station .......... Mr Philippi 8. Consideration & Approval of Quarterly Report for Public Distribution . Mr Philippi 9. Unfinished Business . ............................... Mr Philippi 10. New Business ..... . .............................. Mr Philippi 11. Adjournment ..... ............................... Mr Philippi City of Owasso 1988 Revenue Bonds Project Status Summary Report For the Quarter Ended September 30, 1994 *Note - An additional $22,613 has been appropriated from other revenue sources. Total budget for this project is $172,613. Expended Percent Original Amended this Expended Remaining of Budget Percent Revenue Bond Fund Projects Budget Budget Quarter to Date Encumbrances Budget Expended Complete 86th Street Improvements $2,700,000 $2,753,383 $0 $2,749,519 $0 -- 99.9% 100% 76th Street Improvements* 150,000 150,000 0 35,885 114,115 0 23.9% 38% Residential Street Overlay 150,000 183,406 0 157,590 0 25,816 85.9% 99% Main Street Renovation 100,000 107,799 0 107,790 0 -- 100.0% 100% Original Town Drainage 500,000 500,000 0 492,941 0 98.6% 100% North Drainage Study 15,000 15,000 0 14,869 0 99.1% 100% Firefighter Radio Equipment 35,000 35,000 0 34,781 0 99.4% 100% Animal Impound Facility 50,000 105,000 0 105,224 0 100.2% 100% Recreation Center Renovation 33,000 33,000 0 32,980 0 99.9% 100% Sports Park 120,000 383,117 0 383,117 0 100.0% 100% Land for Sports & Drainage 270,000 293,792 0 293,782 0 100.0% 100% Rodeo Ground Improvements 20,000 20,000 0 14,975 0 74.9% 100% OPWA/Garage Facility 0 193,888 0 193,888 0 100.0% 100% Project Management 0 60,000 0 45,281 0 75.5% 100% Total $4,143,000 $4,833,385 $0 $4,662,622 $114,115 $25,816 96.5% *Note - An additional $22,613 has been appropriated from other revenue sources. Total budget for this project is $172,613. City of Owasso Sales Tax Extension Capital Improvement Fund Projects Project Status Summary Report For the Quarter Ended September 30, 1994 Central Fire Station City Hall Renovation 76th Street Overlay 96th Street Overlay Residential Street Overlay Hale Acres Drainage Project Sports Park, Phase IV Total *Note - An additional $40,000 has been appropriated from other revenue sources. Total budget for the central fire station project is $570,000. Expended Percent this Expended Remaining of Budget Percent Budget Quarter to Date Encumbrances Budget Expended Complete $530,000 * $40,083 $530,000 $0 ($0) 100.0% 100% 160,000 2,107 7,205 3,295 149,500 4.5% 4% 70,000 0 0 0 70,000 0.0% 0% 40,000 9,082 9,082 0 30,918 22.7% 0% 30,000 0 0 0 30,000 0.0% 0% 15,000 0 0 0 15,000 0.0% 0% 88,000 17,768 17,768 0 70,232 20.2% 0% $933,000 $69,039 $564,055 $3,295 $365,650 60.5% *Note - An additional $40,000 has been appropriated from other revenue sources. Total budget for the central fire station project is $570,000.