BIA MEETING, AUGUST 08 2012
The Trustees of the Blackwell Industrial Authority met in regular session on August 8, 2012, at 8:00 a.m. in the Chamber Conference Room, 120 South Main, Blackwell, OK
The following Trustees were present:
Vice Chairman Ross Cline
1st Asst. Secretary Mike Jeffers
2nd Asst. Secretary Steve Marquardt
The following Trustees were not present:
Chairman Darrel Grossardt
Secretary Mike Loftis
Others present: Jeff Seymour
The meeting was called to order by Vice Chairman Ross Cline at 8:14 a.m.
Mike Jeffers made a motion to approve the EB5 Engagement Letter for the Net Liquidation Value Project on the BNG Rail Line. Steve Marquardt seconded the motion. Motion carried. Voting for: Ross Cline, Mike Jeffers, Steve Marquardt. Voting against: None.
No action regarding BIA fee agreement with Menzer Real Estate for business prospect services.
There being no further business, Mike Jeffers made a motion to adjourn at 8:18 a.m. Steve Marquardt seconded the motion. Motion carried.
On the Agenda is the following:
2. Discussion and possible action regarding EB5 engagement letter.
3. Consideration and possible action to enter into an executive session authorized by Oklahoma Statutes, Title 25, Section 307 ( C) (10), regarding the following:
A. Matters pertaining to economic development, including the transfer of property, financing, or the creation of a proposal to entice a business to locate within the BIA”s jurisdiction.
i. Motion to convene executive session.
ii. Motion to reconvene open meeting.
iii. Action, if any, from executive session.
4. Discussion and possible action regarding BIA fee agreement with Menzer Real Estate for business prospect services.
5. Motion to adjourn.