Bartlesville Development Authority Regular Meeting

Bartlesville Development Authority 201 SW Keeler Ave (Depot) Bartlesville, OK 74003 Board of Trustees Chase Allcott ----- MEETING AGENDA ----- Chair 8:00 a.m. August 27th, 2025 Tara Gotwalt Secretary/Treasurer Call to Order - Chase Allcott • Oath of Office for incoming Trustee, Mark Runnels – Laura Clark Jamie Bennett Gayle Lester • Minutes – Presentation of June 25th Meeting Minutes - Chase Allcott Mark Runnels • Financials – Presentation of July 2025 Financial Statements – David Wood • Acceptance of FY 2024 Audit – David Wood Ex-Officio Members • Discuss and take action updating individuals authorized to execute financial transactions on behalf of BDA (Arvest, BancFirst, etc.) to include David Wood, Jim Curd President, Jared Patton, COO, Chase Allcott, Chair, and Tara Gotwalt, Mayor Secretary/Treasurer, and removing Gayle Lester and Jamie Bennett – David Wood Trevor Dorsey Vice Mayor • Hangar MOU - Discuss and take action approving a Memorandum of Understanding (MOU) between the BDA and the City of Bartlesville formalizing David Wood the agreement to lease the BDA-constructed, city-owned hangar at Bartlesville President Municipal Airport to BDA for a 30-year term at $1 per year – Chris Batchelder David King Legal Counsel • Hangar Construction – Discuss and take action approving construction funding for a $5 million, 20,000 sqft hangar at the Bartlesville Municipal Airport, not to exceed $3.3 million (60% plus 10% contingency) from BDA, with the $2 million balance (40%) covered by ODAA grant – Jared Patton • Discuss and take action adopting a resolution authorizing Jared M. Patton to execute a Deed of Conveyance to CoxCom, LLC conveying Lot 15, less and except the North 180 feet thereof, Bartlesville Industrial Park, Section III, Bartlesville, Washington County, Oklahoma in exchange for payment of $50,000 – Jared Patton • Staff Reports – Spec Building Update – Jared Patton • Public Comment on Agenda Items • Adjourn The Agenda was received and filed in the Office of the City Clerk, Bartlesville, Oklahoma on Monday, August 25, 2025 at 3:22 p.m. and posted same day at 5:30 p.m. Jason Muninger /s/ Elaine Banes Jason Muninger, CFO/City Clerk by Deputy City Clerk Open Meetings Act Compliance (25 O.S. Sec. 301 et seq.): All discussion items are subject to possible action by the Bartlesville Development Authority (BDA). Official action can only be taken on items which appear on the agenda. The BDA may adopt, approve, ratify, deny, defer, recommend, amend, strike, or continue any agenda item. When more information is needed to act on an item, the BDA may refer the matter to the City Manager, Staff or City Attorney, or back to a committing or other recommending body. Under certain circumstances, items are deferred to a specific later date or stricken from the agenda entirely. Agenda items requiring a public hearing as required by law will be so noted. The BDA may at their discretion change the order of the business agenda items. City of Bartlesville encourages participation from all its citizens. If participation at any public meeting is not possible due to a disability, notification to the City Clerk at least one working day prior to the scheduled meeting is encouraged to make the necessary accommodations. The City may waive this rule if signing is not the necessary accommodation.