The Trustees of the Blackwell Industrial Authority met in regular session on Wednesday, July 20, 2011, at 8:00 A.M., in the Chamber Conference Room, 120 S. Main, Blackwell, Oklahoma.
The following Trustees were present:
Chairman Darrel Grossardt
Vice-Chairman Ross Cline Secretary-Treasurer Greg Sandy
Others present: Jim Menzer Nancy Thompson Bill Williams Claude Williams Nixie Goff
Members not present: Trustee Mike Loftis Trustee Mike Jeffers
The meeting was opened by Chairman Darrel Grossardt at 8:00 A.M.
Greg Sandy made a motion to approve the Consent Agenda as presented. Ross Cline seconded the motion. Motion carried. Voting for: Cline, Grossardt and Sandy. Voting against: None.
Chairman Darrel Grossardt reported that NRCS representatives were here recently to inspect the rail bed near the Jim Tickel property that was repaired several months ago. NRCS will continue to monitor the settling of the railroad bed but nothing will be done at this time.
Jim Menzer reported that he is still working on the title issue on the 13th St. property north of Doolin. Hopefully, this matter will be cleared up in a couple of weeks.
Ross Cline made a motion to retain the same officers for the new fiscal year. Greg Sandy seconded the motion. Motion carried. Voting for: Cline, Grossardt and Sandy. Voting against: None.
The Doug McKinney agriculture lease was presented for final approval. The only change was to add a couple of crops to Item 11 of the lease. Ross Cline made a motion to approve the lease as presented and to authorize Jeff Seymour, Executive Director, to sign the lease on the BIA’s behalf. Greg Sandy seconded the motion. Motion carried. Voting for: Cline, Grossardt and Sandy. Voting against: None.
Ross Cline made a motion to leave the CNB CD at Central National Bank at .85% for a twelve month period. Greg Sandy seconded the motion. Motion carried. Voting for: Cline, Grossardt and Sandy. Voting against: None.
Greg Sandy made a motion to go into executive session at 8:12 A.M. Ross Cline seconded the motion. Motion carried. Voting for: Cline, Grossardt and Sandy. Voting against: None.
At 8:30 A.M., Greg Sandy made a motion to reconvene the open meeting. Ross Cline seconded the motion. Motion carried. Voting for: Cline, Grossardt and Sandy. Voting against: None.
Ross Cline made a motion to give a $2,500 local expansion incentive to Oklahoma Investment Castings Co. Greg Sandy seconded the motion. Motion carried. Voting for: Cline, Grossardt and Sandy. Voting against: None.
There being no further business, Greg Sandy made a motion to adjourn at 8:32 A.M. Ross Cline seconded the motion. Motion carried.
Agenda
1. Opening
2. Discuss and take action on Consent Agenda:
a. Vote to approve June 15 and June 22, 2011 Minutes.
b. Vote to approve June, 2011 Financial Report.
3. Chairman’s Report
4. Attorney’s Report
5. Election of officers
6. Discussion and possible action on 2011-2012 McKinney agriculture lease.
7. Discussion and possible action on Central National Bank Certificate of Deposit
#2951182.
8. 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 open meeting.
ii. Motion to reconvene open meeting.
iii. Action, if any, from executive session.
9. Discussion and possible action on Oklahoma Investment Casting Corp. local expansion incentive.
10. Other new business in accordance with Oklahoma’s Open Meeting Act, Title 25, of the
Oklahoma Statutes, Section 301-314.
11. Motion to adjourn.