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HomeMy WebLinkAbout2009.04.09_OEDA MinutesMEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF MEETING Thursday, April 9, 2009 The Owasso Economic Development Authority met in regular session on Thursday, April 9, 2009 in the Main Conference Room at Owasso City Hall per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 PM on Friday, April 3, 2009. ITEM 1: CALL TO ORDER & ROLL CALL Vice Chairman Spriggs called the meeting to order at 10:01 AM. PRESENT Brian Spriggs, Vice Chairman Gary Akin, Secretary Frank Enzbrenner, Trustee Dee Sokolosky, Trustee Tom Kimball, Trustee — arrives at 10: 07am A quorum was declared present. ABSENT David Chamey, Chairman Steve Cataudella, Trustee STAFF Rodney Ray, OEDA Manager Roger Stevens, Public Works Director Eric Wiles, Community Development Director Chelsea Harkins, ED Director Sherry Bishop, Assistant City Manager Tim Rooney, Assistant City Manager ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE OEDA CONSENT AGENDA. A. Approval of minutes of the March 13, 2009 Regular Meeting B. Approval of claims — no claims C. Acceptance of the monthly financial report Mr. Sokolosky moved to approve the consent agenda, seconded by Mr. Enzbrenner. AYE: Akins, Enzbrenner, Sokolosky, Spriggs NAY: None ABSTAIN: None Motion carried 4 -0. ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REOUEST FOR TRUSTEE APPROVAL OF A FINAL PAYMENT TO ARVEST BANK IN THE AMOUNT OF $2,535.42 FOR A LETTER OF CREDIT RELATED TO THE ECONOMIC DEVELOPMENT LOAN TO VANGUARD CAR RENTAL USA PAYABLE FOR THE FINAL PERIOD OF THE LOAN THROUGH JANUARY 2008 Ms. Bishop introduced the item recommending Trustee approval of a final payment in the amount of $2,535.42 to Arvest Bank for charges for the Letter of Credit issued for Vanguard Car Rental per the loan agreement. Apri19, 2009 Mr. Sokolosky moved, seconded by Mr. Enzbrenner, for Trustee approval of the final payment to Arvest Bank, as recommended. AYE: Akins, Enzbrenner, Sokolosky, Spriggs NAY: None ABSTAIN: None Motion carried 4 -0. ITEM 5: REPORT FROM PUBLIC WORKS DIRECTOR Mr. Kimball arrived at 10 :07 am. Mr. Stevens provided an update on North 129th East Avenue, 86th Main to Memorial, and East 106th & Garnett Intersection projects. Mr. Stevens also reviewed the Projects Status Report. ITEM 4: REPORT FROM COMMUNITY DEVELOPMENT DIRECTOR Mr. Wiles provided a review of the March building permit report and information relating to the upcoming Planning Commission items for April 2009. ITEM 6: REPORT FROM ECONOMIC DEVELOPMENT DIRECTOR Ms. Harkins reviewed the Director's Report included in the agenda packet. ITEM 7: REPORT FROM OEDA MANAGER No report ITEM 8: REPORT FROM OEDA TRUSTEES No Report ITEM 9: NEW BUSINESS None ITEM 10: ADJOURNMENT Motion made by Mr. Enzbrenner, seconded by Mr. Kimball, to adjourn the meeting. AYE: Akins, Enzbrenner, Spriggs, Kimball, Sokolosky NAY: None ABSTAIN: None Motion carried 5 -0. At 10:41 AM, the meeting was adjourned. Jju ann Stevens, Minute Clerk -2-