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HomeMy WebLinkAbout1992.10.12_Sales Tax Watchdog MinutesSales Tax Watchdog Committee City of Owasso October 12, 1992 The Owasso Sales Tax Watchdog Committee met in regular session on Monday, October 12, 1992 at 7:00 PM in Room �1 of the Owasso Community Center located at 301 S. Cedar, Owasso, Oklahoma per Notice of Public Meeting and Agenda posted on the city hall bulletin board at 5:00 p.m. Thursday, October 8, 1992. Item 1: Call to Order The meeting was called to order by Chairman Mr. Philippi at 7:02 p.m, Item 2: Roll Call Members Present: John Groth, Steve Holleman, Tom Kimball, John Leach, Harold Merrill, Michael Phillipi, Bill Williams, Pat Woods, Mike Nance (7:12) Members Absent: Bob Banes, Steve Barrett, Peggy Robinson, Dan Siemens, Mike Watson Staff Present: Rodney Ray, Sherry Bishop, Steve Compton, Jo Ellen Krantz Motion to approve the minutes as presented was made by Mr. Williams and seconded by Mr. Kimball. Motion Passed. Item 4: Presentation & Discussion of Financial Re orts Ms. Bishop presented current financial reports and responded to questions from the committee. Specifically, the committee requested clarification regarding the capital future fund and debt service schedule. In response to additional discussion, copies of the recent study comparing ad valorem tax rates of Tulsa area communities will be distributed to each committee member for his/her review with the next agenda mailing. Item 5- Consideration & Approval of Quarterly Re for Public Distribution Watchdog Committee Minutes October 129 1992 Page 2 Item 6: General Discussion of Projects & RrQg1taj2WW Mr. Ray gave progress reports on the various projects including the anticipated phases of the fir. nding 76th Street Improvements (I. Railroad Crossing 2. Intersection Improvements 3. Four-- (aning of the road.) Item 7: Consideration of and Appropriate Action Relating to a Request to Declare Vacant a Seat on the Committee. Item 8. Old Business - None Item 90 New Business - None it-emlo. None Item 1I= Adiournment There being no further business to come before the committee, Mr. Merrill moved that the meeting be adjourned. Motion seconded by Mr. Kimball. Motion passed. Meeting was adjourned at 7:45 p.m. Respectfully Submitted, *1