HomeMy WebLinkAbout1988.05.11_OEDA MinutesOWASSO ECONOMIC DEVELOPMENT AUTHORITY
MINUTES OF MEETING
MAY 11, 1988, 3:00 PM
CONFERENCEROOMOFO.E.D.A. OFFICES, 301 W. 2NDAVE:
•• .•.• . • • • . •
..•••..
ITEM 1: CALL TO ORDER
The Meeting was called to order at 3:10pm with Chairman John
Kastner presiding.
ITEM 2: ROLL CALL
Present: Frank Enzbrenner (in 3:14pm)
Lynn Freeman Staff Present: Robert Bumgarner
John Kaster Alice Davis
Tom Kimball Sherry Lambert
Stacy Lamb Rodney Ray
Pat Marlar
Absent: Alan Anderson
ITEM 3: CONSIDERATION FOR APPROVAL OF THE MINUTES OF THE APRIL
20, 1988 MEETING.
A motion was made by Tom Kimball and seconded by Pat Marlar to
approve the minutes as written. A vote was recorded as follows:
Aye: Unanimous
Nay: 0
Carried: 6 -0
ITEM 4: CONSIDERATION FOR APPROVAL OF WARRANTS.
A motion was made by Pat Marlar and seconded by Tom Kimball to
approve the warrants as written. A vote was recorded as
follows:
Aye: Unanimous
Nay: 0
Carried: 6 -0
ITEM 5: REPORT ON CONTRACT WITH AUTHORITY DIRECTOR.
Chairman Kastner reported that the revised contract has been
submitted and signed.
ITEM 6: CONSIDERATION FOR APPROVAL OF INDUSTRIAL PARK.
Robert Bumgarner advised that after speaking with the City
Council members on an individual basis, and should a feasibility
study for an industrial park located south of City Hall prove
favorable, all expressed their support. Councilman Von Stocker
had not been reached. Mr. Bumgarner also reported that a
feasibility study would be done free of charge.
ITEM 7: CONSIDERATION FOR APPROVAL OF CONFLICT OF INTEREST
CONTRACT.
After reviewing the code of ethics for the Governor's Industrial
Team and the Port of Catoosa a similar contract will be
suggested by an appointed committee to be approved at the next
meeting.
C-
0
0. E. D. A.
Minutes of 5/11/88
Page 2
ITEM 8: REPORT ON WASHINGTON D.C. TRIP.
Frank Enzbrenner reported on the Washington D.C. trip and
stressed that it was a beneficial trip.
ITEM 9: CONSIDERATION AND APPROVAL OF HOSPITALIZATION INSURANCE
FOR AUTHORITY SECRETARY.
Referring to the original contract the "Chamber is to supply
office, phones and support staff for O.E.D.A. ", therefore this
item is to be deferred to the Chamber of Commerce.
ITEM 10: UPDATE OF THE $50,000 TRANSFER FROM CITY TO O.E.D.A..
Sherry Lambert reported on funds at Liberty Bank. Suggestion
from Rodney Ray to send an invoice to the Department of Commerce
requesting grant monies. Stacy Lamb requested a projected
revenue budget as well as a proposed budget.
ITEM 11: CONSIDERATION FOR APPROVAL OF ALTERNATIVE FUNDING FOR
r) P n T
Due to present spending rate the $50,000 cushion would be
depleted in 2 years. American Airlines, PSO, and Southwestern
Bell were suggested for funds. A strategic plan was requested
as well as creative financing options.
ITEM 12: CONSIDERATION FOR APPROVAL OF REVIEWAL DATE FOR
AUTHORITY DIRECTOR.
An executive session was set for June 1, 19881 at 3:00 pm for
_review of Authority Director.
ITEM 13: NEW BUSINESS.
None .
ITEM 14: ADJOURN
A motion was made by Tom Kimball and seconded by Frank
Enzbrenner to adjourn. A vote was recorded as follows:
Aye: Unanimous
Nay: 0
Carried: 6 -0
The meeting was adjourned at 4:30pm.
Alice Davis, Secretary
John Kastner, Chairman