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HomeMy WebLinkAbout1997.06.12_OEDA MinutesOWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING Thursday, June 12, 1997 The Owasso Economic Development Authority met in regular session on Thursday, June 12, 1997 in the Lower Level Conference Room at Owasso City Hall per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 10:00 a.m. on Monday, June 9, 1997. ITEM 1: CALL TO ORDER Mr Anderson called the meeting to order at 10:05 a.m. ITEM 2: ROLL CALL PRESENT ABSENT STAFF Alan Anderson, Chair Rodney J Ray Frank Enzbrenner, Vice Chair Sherry Bishop Tom Kimball, Trustee Buz Walker Brenda Lawrence, Trustee (in at 10:15) Phil Lutz Bill Retherford, Trustee Robert Carr Gary Akin, Trustee A quorum was declared present. ITEM 3: REQUEST APPROVAL OF THE MINUTES OF MAY 8, 1997 REGULAR MEETING. Mr Enzbrenner moved, seconded by Mr Retherford, to approve the minutes as submitted, by reference made a part hereto. AYE: Akin, Anderson, Enzbrenner, Kimball, Retherford NAY: None Motion carried 5 -0. ITEM 4: REQUEST APPROVAL OF THE CLAIMS. Mr Kimball moved, seconded by Mr Enzbrenner, that the claims be approved as submitted. AYE: Akin, Anderson, Enzbrenner, Kimball, Retherford NAY: None Motion carried 5 -0. COwasso Economic Development Authority June 12, 1997 ITEM 5: PRESENTATION OF FINANCIAL REPORT. Ms Bishop presented and discussed the May financial report. ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE ADOPTION OF AN FY 1997 -98 OPERATING BUDGET. Ms Bishop explained that the OEDA receives funds from three sources - a budgeted amount, funds from a surcharge on commercial trash collection, and funds from a surcharge on residential and commercial building permits. The need to establish another funding source for OEDA was discussed. Mr Enzbrenner moved, seconded by Mr Retherford, to adopt the proposed FY 1997 -98 operating budget for the OEDA. AYE: Akin, Anderson, Enzbrenner, Kimball, Lawrence, Retherford NAY: None Motion carried 6 -0. ITEM 7: UPDATE AND DISCUSSION OF ISSUES RELATING TO PRECISION COMPONENTS. Mr Ray reported that the management team at Precision Components is enthusiastically supporting the concept of a new building. Some options for financing outside OEDA are being considered by Precision. Cathy Hutchison has agreed to work up a cost estimate of the current property, including the cost to vacate and clean the current premises. Discussion followed as to possible locations for commercial and industrial developments in the Owasso area. ITEM 8: PRESENTATION OF STATUS REPORT RELATING TO CURRENT PROJECTS. A memorandum was distributed referring to the status and options available for the NSP roadway extension. Mr Carr and Mr Lutz discussed the memo. The Trustees directed Mr Ray to schedule a meeting with Mr Alan Robinson. ITEM 9: PRESENTATION OF STATUS REPORT RELATING TO CURRENT PROSPECTS. No report. M FA Owasso Economic Development Authority ITEM 10: REPORT FROM OEDA MANAGER No report. ITEM 11: UNFINISHED BUSINESS None. ITEM 12: NEW BUSINESS None. ITEM 13: ADJOURNMENT Ms Lawrence moved, seconded by Mr Akin, to adjourn. AYE: Akin, Anderson, Enzbrenner, Kimball, Lawrence, Retherford NAY: None Motion carried 6 -0, and the meeting was adjourned at 11:40 a.m. an Anderson, Chairperson 70l97 Date Approved 3 June 12, 1997