Bartlesville Development Authority Special Meeting

Bartlesville Development Authority Board of 201 SW Keeler Ave (Depot) Trustees Bartlesville, OK 74003 Diana Moon Adams ---- SPECIAL MEETING AGENDA ----- Chair 12:00 Noon December 20th, 2019 Kyle Hubbard Secretary/Treasurer Call to Order -Diana Adams Jamie Bennett Martin Garber Business Drew Ihrig • Discuss and take action approving an agreement to sell property at 7051 Industrial Blvd. to ABB Inc. for $17 million, to include a 10-year option for ABB to acquire up to 18 acres of adjacent property for potential future expansion at zero cost, at a development ratio of 7,500 sqft of new interior space per acre. – Presented by David Wood Ex-Officio Members • Discuss and take action granting access easements across BDA-owned Lot 6, and Lots 4 and Dale Copeland 5 in the Bartlesville Industrial Park – Presented by Drew Ihrig Mayor • Discuss and approve a Resolution authorizing BDA president to execute all documents Jim Curd associated with the transaction as approved by legal counsel. – Presented by David King City Councilor David Wood • Discuss and take action on a recommendation to the Bartlesville City Council to appropriate President $150,000 from the Economic Development Fund as a development incentive to Developer for outparcel development of a combination Jimmy’s Egg/Bricktown Brewery to be David King constructed on the former Kmart site, payable upon Certificate of Occupancy for the two Legal Counsel specified brands. – Presented by David Wood • Discuss and take action ratifying City Council appropriation of $150,000 from the Economic Development Fund for installation of a sanitary sewer line, and execution of the development agreement between Service and Manufacturing Corporation, BDA, and the City of Bartlesville. – Presented by David Wood • Discuss and take action to approve the Second Amendment to the Loan Agreement between BDA, Bank of Oklahoma, and Green Country Village. – Presented by David King • Discuss and take action to accept a donation by Kevin Potter and K2 Towers, LLC, of approximately 1.46 acres described as Lot 15, less the North 180 feet thereof, Bartlesville Industrial Park, Section III, subject to access and utility easements. – Presented by David King Staff Reports Public Comment Adjourn The Notice of Meeting and Agenda was received in the office of the City Clerk, Bartlesville, Oklahoma at 11:14 a.m. on Wednesday, December 18, 2019 and posted same day at 11:30 a.m. Jason Muninger /s/ Elaine Banes City Clerk/Finance Director by Elaine Banes, Deputy City Clerk