HomeMy WebLinkAbout1998.09.10_OEDA MinutesOWASSO ECONOMIC DEVELOPMENT AUTHORITY
® MINUTES OF REGULAR MEETING
September 10, 1998
PRESENT ABSENT
STAFF PRESENT
Gary Akin Brenda Lawrence
Robert Tobias
Brian Smith (out @a 11:30 AM)
Jeff Hancock
Frank Enzbrenner
Sherry Bishop
Mark Wilken
Tim Rooney
Dee Sokolosky
Robert Carr
Tom Kimball (in @ 10:27 AM)
Marsha Hensley
ITEM 1: CALL TO ORDER
Chairperson Gary Akin called the meeting to order at 10:06 AM and declared a quorum present.
ITEM 2: ROLL CALL
ITEM 3: REQUEST APPROVAL OF MINUTES OF AUGUST 13, 1998 REGULAR
MEETING
Motion was made by Mr. Wilken and seconded by Mr. Smith, to approve the minutes of the
August 13, 1998 regular meeting. The vote on the motion was recorded as follows:
Smith - Yes
Akin - Yes
Wilken - Yes
Sokolosky - Abstain
Enzbrenner - Yes
The motion carried 4 -1.
ITEM 4: REQUEST APPROVAL OF CLAIMS
No Claims.
ITEM 5: PRESENTATION OF FINANCIAL REPORT
The report was distributed and given by Ms. Bishop.
ITEM 6: DISCUSSION OF OEDA MISSION, STRUCTURE, AND STRATEGIC
PLAN
An open discussion was held regarding the need to define goals for the Owasso Economic
Development Authority. Concerns regarding funding and the need for an action plan were
expressed. The necessity for a funding mechanism to be put into place with a one, three, and
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
September 10, 1998
Page No. 2
five year plan were also expressed. Discussion on the need to redefine the structure and embark
on a mission statement also ensued. The idea of considering a hotel /motel tax and other tax
initiatives were expressed. No action was taken on this item.
ITEM 7: CONSIDERATION AND APPROPRIATE ACTION RELATING TO THE
VISION OWASSO ECONOMIC DEVELOPMENT COMMITTEE
POSITION ON THE NEED TO CONSIDER THE CREATION OF A TAX
INCREMENT FINANCING POLICY TO ENHANCE THE ATTRACTION
OF INVESTMENT AND JOBS TO THE OWASSO ENTERPRISE ZONE
AND OTHER TARGETED AREAS OF GROWTH THROUGHOUT THE
CITY OF OWASSO.
Mr. Akin presented the item to the Authority. Mr. David Vines, head of the Economic
Development Committee of Vision Owasso, was present to answer any questions or concerns
regarding this program. Mr. Tobias explained that Vision Owasso seeks the position of OEDA,
on the need to begin the process to explore this public infrastructure financing program.
Discussion was opened up for ideas and suggestions on this concept. Mr. Hancock suggested
Ck we look at the application to TIF's throughout the community.
After discussion, Mr. Enzbrenner moved to approve the concept of TIF and to encourage the
City of Owasso officials to set up a Policy Committee in conjunction with Vision Owasso. The
motion was seconded by Mr. Sokolosky. A vote on the motion was recorded as follows:
Smith - Yes
Akin - Yes
Wilken - Yes
Sokoloskey - Yes
Kimball - Yes
Enzbrenner - Yes
Motion carried 6 -0.
ITEM 8: DISCUSSION OF DIRECTOR'S MONTHLY REPORT
A monthly status and prospect update was given by Mr. Tobias. Mr. Robert Carr presented an
update on the NSP Industrial Road project. Also discussed was an article from Urban Land
Magazine related to the growing national interest in the development of community focal points,
such as downtown business centers.
U
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
September 10, 1998
Page No. 3
ITEM 9: REPORT FROM OEDA MANAGER.
Mr. Hancock briefed the Trustees on the alignment of State Highway 20. Also discussed were
the tables illustrating Owasso's comparative position on population, sales tax rates and the use
of economic development financing tax initiatives.
ITEM 10: NEW BUSINESS
None
ITEM 11: ADJOURNMENT
Mr. Enzbrenner moved to adjourn, seconded by Mr. Kimball. A vote on the motion was
recorded as follows:
Akin - Yes
Wilken - Yes
Sokoloskey - Yes
Kimball - Yes
Enzbrenner - Yes
Motion carried 5 -0 and the meeting was adjourned at 1 :03 PM.
Giry'Akin, khairperson
/0 -8 -99
Date Approved