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HomeMy WebLinkAbout1999.03.11_OEDA Minuteso OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF SCHEDULED REGULAR MEETING March 11, 1999 PRESENT ABSENT STAFF PRESENT Gary Akin Brian Smith Jeff Hancock Frank Enzbrenner Brenda Lawrence Sherry Bishop Dee Sokolosky (out at 12:OOPM) Mark Wilken Robert Tobias Tom Kimball Theron Warlick Marsha Hensley ITEM 1: CALL TO ORDER Chairperson Gary Akin called the meeting to order at 10:05 AM and declared a quorum present. ITEM 2: ROLL CALL ITEM 3: REOUEST APPROVAL OF THE MINUTES OF FEBRUARY 11, 1999 RESCHEDULED REGULAR MEETING Mr. Enzbrenner moved to approve the minutes of the February 11, 1999 rescheduled regular meeting. Tom Kimball seconded the motion. Mr. Sokolosky would like to clarify the motion that was made on Item #6. The motion should have read as follows: Mr. Sokolosky moved to authorize the Chair and the Vice Chair of OEDA to execute the appropriate documents to consummate the closing of the real estate sale transaction of Precision Components, after approval of the documents and payment amount by the OEDA Director and legal counsel. The vote on the motion was recorded as follows: Akin - Yes Kimball - Yes Sokolosky - Yes Enzbrenner - Yes The motion carried 4 -0. ITEM 4: REQUEST APPROVAL OF CLAIMS Mr. Kimball moved to approve a claim for $210.00 to Ronald D. Cates, the motion was seconded by Mr. Sokolosky. The vote on the motion was recorded as follows: OWASSO ECONOMIC DEVELOPMENT AUTHORITY March 11, 1999 Page No. 2 Akin - Yes Kimball - Yes Sokolosky - Yes Enzbrenner - Yes The motion carried 4 -0. ITEM 5: PRESENTATION OF FINANCIAL REPORT Ms. Bishop gave a brief report. ITEM 6: PRESENTATION BY TULSA PROPERTIES Mr. Tom Johnson, the President of Tulsa Properties made a presentation to the Trustees. He provided an overview of the services that his company provides. He stated that Tulsa Properties provide a real estate service for local, regional and national based clients. Mr. Johnson demonstrated the different land uses that Tulsa Properties service such as, office, industrial, retail, residential and other (hotels, self storage and elderly housing). Growth consideration in the Owasso area was discussed. ITEM 7: PRESENTATION BY KMO DEVELOPMENT Mr. Bruce Bolzle with KMO Development Group presented a brief report. He reviewed the progress in the Tulsa market. The Kaiser - Francis project on 86`h Street North and 129`' East Avenue was discussed. Also discussed were the issues Broken Arrow is facing on retail/ commercial zoning projects. Mr. Bolzle handed out an aerial of Owasso, which showed areas of KMO Development Group projects. He also informed the Trustees of the progress at Cherokee Industrial Park. ITEM 8: DISCUSSION OF HOTEL /MOTEL TAX Mr. Akin presented the item and Mr. Tobias reviewed the information that was in the agenda packet regarding hotel tax. There was discussion on how the tax revenue would be earmarked and the impact the program would have on Owasso. Mr. Sokolosky suggested researching the effect it would have on a city the size of Owasso. Mr. Akin proposed to research addition information on this subject and possibly meet with Mr. Robert Patel in the near future, then schedule a special OEDA meeting to discuss the progress. O OWASSO ECONOMIC DEVELOPMENT AUTHORITY March 11, 1999 Page No. 3 ITEM 9: DISCUSSION OF DIRECTOR'S MONTHLY REPORT Mr. Tobias presented a report on OEDA projects and prospects. ITEM 10: REPORT FROM OEDA MANAGER Mr. Hancock stated that the City of Owasso was moving forward in regards to removing the tank from Precision Components. He also stated that the City is working on ideas regarding running wastewater service to the proposed TTC area. Mr. Sokolosky left at 12:00 PM. Due to the lack of a quorum, the meeting was adjourned. ITEM 11: NEW BUSINESS None ITEM 12: ADJOURNMENT �J%c..l . � 1 Q Date 'Approved Gary Aki , Chairperson