Title
Discussion and action regarding Public Building Authority
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SUMMARY: Financial Advisor Larry Kidwell recommends re-activating the Public Building Authority. It was incorporated in 2004 and only met to issue bonds for the Catoosa Utility District acquisition. The Authority shall have seven (7) directors and not all members are required to be City residents.
Members appointed in 2004 were: Thomas Looney, Lillian Fox, Cosby Stone, Joe Looney, Kirk Tollett, Johnny Wayne Presley, and Dean Bennett.
BUDGET ACCOUNT:
Recommended Action
NECESSARY COUNCIL ACTION: Discuss reactivation of the Public Building Authority