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HomeMy WebLinkAbout1996.09.12_OEDA MinutesO OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING September 12, 1996 The Owasso Economic Development Authority met in regular session on Thursday, September 12, 1996 in the Owasso City Hall Conference Room per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 4:00 p.m. on Friday, September 6, 1996. PRESENT ABSENT STAFF PRESENT Alan Anderson Joe Ramey Angela Henderson Tom Kimball (in at 10:30) Bill Retherford Rodney Ray Frank Enzbrenner Marsha Hensley Gary Akin Brenda Lawrence ITEM 1: CALL TO ORDER Chairperson Alan Anderson called the meeting to order at 10:05 a.m. and declared a quorum present. ITEM 2: ROLL CALL ITEM 3: REQUEST APPROVAL OF THE MINUTES OF AUGUST 8,199 REGULAR MEETING Motion was made by Mr. Enzbrenner and seconded by Mr. Akin, to approve the minutes of the August 8, 1996 regular meeting. A vote on the motion was recorded as follows: Anderson - Yes Lawrence - Yes Enzbrenner - Yes Akin - Yes The motion carried 4 -0. ITEM 4: REQUEST APPROVAL OF CLAIMS Mr. Akin moved to approve the current claims in the amount of $550.00 to NOEDA, $2,000.00 to Tuttle & Associates and $75.00 to Ronald D. Cates for a total of $2,625.00. Motion was seconded by Ms. Lawrence. A vote on the motion was recorded as follows: Anderson - Yes Lawrence - Yes Enzbrenner - Yes Akin - Yes OWASSO ECONOMIC DEVELOPMENT AUTHORITY September 12, 1996 Page No. 2 The motion carried 4 -0. ITEM 5: PRESENTATION OF FINANCIAL REPORT Report was given by Ms. Henderson. ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO THE AUTHORITY'S PARTICIPATION IN FUNDING OWASSO'S BOOTH AT THE 1997 TULSA HOME & GARDEN SHOW. No action was taken on this item. ITEM 7: CONSIDERATION AND APPROPRIATE ACTION RELATING TO OEDA RESOLUTION #96 -01, A RESOLUTION AUTHORIZING THE INCURRENCE OF DEBT IN AN AMOUNT NOT TO EXCEED $1,500,000.00 WAIVING COMPETITIVE BIDDING, AUTHORIZING THE NEGOTIATED PLACEMENT OF SUCH NOTE WITH RCB BANK OF OWASSO; AND AUTHORIZING THE CHAIRMAN, VICE - CHAIRMAN, AND SECRETARY TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY TO ACCOMPLISH THE FOREGOING. Ms. Henderson presented a copy of Resolution No. 96 -01 to the Authority. After lengthy discussion, a determination was made that a 2/3 majority vote to waive competitive bidding was needed. No action was taken on this item. ITEM 8: CONSIDERATION AND APPROPRIATE ACTION RELATING TO AWARD OF ONG WORK CENTER BID, AND THE UTILITIES PORTION OF THE ONG OWASSO INFRASTRUCTURE BID, BOTH CONTINGENT UPON LOAN CLOSING. Ms. Henderson discussed the bid award of Owasso ONG Utility and Roadway Improvements. Bids for the ONG Work Center were also received. Ten bids were received for the ONG Work Center. Brown Construction was the low bidder with the amount of the entire bid (including alternative items) being $1,082,344.00. Nine bids were received on the Owasso ONG Utility and Roadway Improvements with the low bidder at $339,903.70 from Yocham Enterprises of Sapulpa, Oklahoma. The bid awards are contingent upon loan closing. Motion was made by Mr. Enzbrenner and seconded by Mr. Kimball to award bid to Brown Construction for the Work Center contingent upon loan closing. A vote on the motion was recorded as follows: Anderson - Yes Lawrence - Yes 61 i21q('P ITEM 8: CONSIDERATION AND APPROPRIATE ACTION RELATING TO AWARD OF ONG WORK CENTER BID AND AWARD OF THE ONG UTIIdTY AND ROADWAY IMPROVEMENTS BID, BOTH CONTINGENT UPON LOAN CLOSING. Ms. Henderson discussed the bid award of the Owasso ONG Work Center and ONG Utility and Roadway Improvements. Ten bids were received for the ONG Work Center. Brown Construction was the low bidder with the amount of the entire bid (including alternative items) being $1,082,344.00. Nine bids were received on the Owasso ONG Utility and Roadway Improvements with the low bid at $339,903.70 from Yocham Enterprises of Sapulpa, Oklahoma. The bid awards are contingent upon loan closing. Motion was made by Mr. Enzbrenner, seconded by Mr. Kimball, to award the bid to Brown Construction for the ONG Work Center contingent upon loan closing. A vote on the motion was recorded as follows: Anderson - Yes Lawrence - Yes Enzbrenner - Yes Akin - Yes Kimball - Yes The motion carried 5 -0. Motion was made by Mr. Akin, seconded by Mr. Kimball, to award the bid to Yocham Enterprises for the ONG Utility and Roadway Improvements contingent upon loan closing. A vote on the motion was recorded as follows: Anderson - Yes Lawrence - Yes Enzbrenner - No Akin - Yes Kimball - Yes The motion carried 4 -1. OWASSO ECONOMIC DEVELOPMENT AUTHORITY September 12, 1996 Page No. 3 Enzbrenner - Yes Akin - Yes Kimball - Yes The motion carried 5 -0. ITEM 9: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FROM FEDERAL KEMPER LIFE ASSURANCE COMPANY FOR THE OEDA TO RELEASE ANY AND ALL CLAIM TO THE PROCEEDS OF FKLAC POLICY NUMBER FK1859010, MR. JERRY FIDLER, WOODS PRECISION PRODUCTS, INC., INSURED. Mr. Enzbrenner moved to approve OEDA to release any and all claim to the Mr. Loal Fiel's Insurance Company, seconded by Ms. Lawrence. A vote on the motion was recorded as follows: Anderson - Yes Lawrence - Yes Enzbrenner - Yes Akin - Yes Kimball - Yes The motion carried 5 -0. ITEM 10: CONSIDERATION AND APPROPRIATE ACTION RELATING TO APPROVAL OF THE 1996 -97 OWASSO ECONOMIC DEVELOPMENT AUTHORITY STRATEGY. The Authority reviewed the background, mission and vision of the Owasso Economic Development Authority. Goals were discussed, along with prioritizing the list of phases. Possibly arranging a work session to get this accomplished. ITEM 11: UPDATE ON OKLAHOMA NATIONAL GAS PROJECT. Ms. Henderson is awaiting the completion of loan documents in order to close the loan for the ONG facility. When loan closing is complete, we may begin signing contracts with the general contractor and notice to proceed can be given. ITEM 12: REPORT FROM ECONOMIC DEVELOPMENT DIRECTOR An Economic Development prospect was discussed. OWASSO ECONOMIC DEVELOPMENT AUTHORITY September 12, 1996 Page No. 4 ITEM 13: OLD /NEW BUSINESS None ITEM 14: ADJOURNMENT Mr. Enzbrenner moved to adjourn, seconded by Mr. Akin. A vote on the motion was recorded as follows: Anderson - Yes Kimball - Yes Enzbrenner - Yes Lawrence - Yes Akin - Yes Motion carried 5 -0 and the meeting was adjourned at 12:20 p.m. (P'� 10 .Igq�v Date Approved an Anderson, Chairperson