HomeMy WebLinkAbout2004 01_Tier 1 Capital Improvment Funding_2004.01.20It'l
WHEREAS, on the 14th day of October, 2003, the citizens of the City of Owasso,
Oklahoma, approved Ordinance Number 763, an ordinance providing for the extension of
the third penny sales tax and further, restricting the use of said sales tax generated by
such third penny extension to capital projects reviewed by the Capital Improvements
Committee and approved by the City Council by resolution;
WHEREAS, capital projects, designated as "Tier I Projects", specifically, 129'h East
Ave., 76'h to 96'h; the Interchange at 96'h Street North, Highway 169 and North 129th East
Avenue; Additional Fire Stations; the Sports Park Expansion; a Storm Siren System; and
the YMCA Pool, have heretofore been reviewed and recommended by the Capital
Improvements Committee, approved by the City Council, and presented on numerous
occasions to the public; and,
WHEREAS, it is necessary for the City Council to formally approve the Tier I capital
projects for funding from the Capital Improvements Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF OWASSO, OKLAHOMA, that, to-wit:
The following capital projects, designated as "Tier I Projects," to-wit: 129'h East Ave.,
76t' to 96"; the Interchange at 96th Street North, Highway 169 and North 1291h East
Avenue; Additional Fire Stations; the Sports Park Expansion; a Storm Siren System; and
the YMCA Pool are hereby approved and shall be considered as the initial priority
determination of capital projects for funding from the Capital Improvements Fund.
DATED this 201h day of January, 2004.
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D. Cates, City Attorney
CITY QlF OWASSO, OKLAHOMA
dar,, Cochran, Mayor
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