Notice of Regular Meeting - June 15, 2010

(PDF, 12MB)

Notice of Regular Meeting - June 15, 2010(PDF, 12MB)

Document Key Points:

• Meeting Date and Time: The Mayor and Board of Commissioners of the City of Enid, Oklahoma, the Board of Trustees of the Enid Municipal Authority, and the Enid Economic Development Authority held a regular session on June 15, 2010 at 6:30p.m.
• Location: The meeting took place in the Council Chambers of the City Administration Building, located at 401 W. Owen K. Garriott Road in Enid, OK.
• Approval of Special Election Ordinance: An emergency ordinance was approved to authorize a special election for issuing bonds not exceeding $20,000,000 for economic and community development.
• Professional Service Agreements: The ordinance also authorized professional service agreements related to the issuance of specified bonds.
• Emergency Declaration: An emergency was declared for the ordinance to become effective immediately upon passage and approval for the preservation of public health, peace, and safety.
• Special Election Date: The special election was set to be held on August 24, 2010.
• Financial Advisory and Bond Counsel Services: The Mayor is authorized to enter professional service agreements with The Public Finance Law Group (PLLC) for bond counsel and Municipal Finance Services, Inc. for financial advisory services these bonds.
• Proposed Downtown Development: The proposed project is the result of three years of community planning and studies, aiming for a $40 million investment in Enid's downtown.
• Consultant Recommendations: Recommendations from consulting teams, in an effort to establish a cohesive Gateway Events Complex in downtown Enid,  included:
  • Renovating Mark Price Arena
  • Building a new multi-purpose event center
  • Improving the Cherokee Strip Conference Center
  • Adding 100+ room full-service hotel
  • Creating outdoor plazas
  • A public lawn
  • A gateway to Garriott