Norman Forward Citizens Financial Oversight Board Meeting

NORMAN FORWARD CITIZENS FINANCIAL OVERSIGHT BOARD MINUTES August 5, 2019 The Norman Forward Citizens Financial Oversight Board (CFOB) of the City of Norman, Cleveland County, State of Oklahoma, met at 3:30 p.m. in the Multi-Purpose Room on the 5th day of August, 2019. Notice and agenda of the meeting were posted in the Municipal Building at 201 West Gray and the Norman Public Library at 225 North Webster 24 hours prior to the beginning of the meeting. PRESENT: Members MacKenzie Britt, Andy Rieger, Tom Sherman, Linda Price, Cynthia Rogers, Chair Bill Nations, Bree Montoya, Saidy Orellana, and Andy Paden ABSENT: none OTHERS PRESENT: Kim Coffman, Budget Manager Jud Foster, Director of Parks and Recreation Terry Floyd, Development Coordinator Kathryn Walker, Interim City Attorney Randy Hill, ADG CALL TO ORDER AND ROLL CALL Chair Nations called the meeting to order at 3:30 pm and a quorum was present. ****** ITEM 1, being APPROVE MINUTES FROM JUNE 10, 2019 MEETING After review and discussion of minutes of June 10, 2019 meeting, Member Price made a motion and Member Britt seconded that motion to approve the minutes. Motion passed unanimously. Norman Forward Citizens Financial Oversight Board Minutes August 5, 2019 Page 2 Items submitted for the record: 1. Norman Forward Citizens Financial Oversight Board Minutes June 10, 2019. ****** ITEM 2, being DISCUSSION OF FINANCE REPORTS-FINANCE DEPARTMENT Kim Coffman gave the update. She stated that some of the information provided in the packet was incorrect and would be corrected for the next meeting. After review and discussion of the finance reports, Member Sherman made a motion and Member Price seconded that motion to approve the finance reports. Motion passed unanimously. Items submitted for the record: 1. Norman Forward Expenditure Report 2. Norman Forward Sales Tax Revenue Report 3. Norman Forward Sales Tax, Versus Projection ****** ITEM 3, being DISCUSSION OF PREVIOUSLY-APPROVED COUNCIL ACTIONS AND POSSIBLE ACTION Kathryn Walker stated that of the current agreement to close out the UNP TIF, it provides $5.1 million for recreation such as the Multi-Sport facility and the Aquatic facility. This provides funds for the purchase of the land, $350,000 to offset the anticipated annual contributions by Norman Norman Forward Citizens Financial Oversight Board Minutes August 5, 2019 Page 3 Public Schools to the operation of the indoor aquatic facility, and $2.7 million as a construction supplement for the Recreation Facility component. The Recreation Facility component will consist of a multi-sport facility and an indoor aquatic facility. This would be an increase of $2.7 million from the UNP TIF Fund to add to the $22.5 million from the Norman Forward Fund for these projects. Items submitted for the record: 1. R-1819-124 Resolution Directing Staff to Prepare Project Plan Amendments and Final Development Agreements consistent with the Attached Term Sheet and Convening the Statutory TIF Review Committee for the Purpose of Reviewing said Project Plan Amendments ****** ITEM 4, being AD HOC COMMITTEE LIAISON REPORTS Member Rieger gave the update for Reaves Park. He stated that the construction plans are 90% complete and we will be calling an Ad Hoc Committee meeting in the next week or two. Jud Foster stated that we have and RFQ out right now for design teams to submit proposals for the Reaves Park project that will be due Aug 23rd. Foster stated that the Ad Hoc Committee for the Ruby Grant project has not met in a while. Bids were opened for work on this project a week ago. Foster stated that we are working the details of a contract with FSB for the Senior Center. They will lead the design teams for the Indoor Aquatic Center, the Multi-Sport Facility, and the Senior Center. We are hoping to have a contract item on the agenda for the City Council on the 27th and follow that right away with public input meetings for the Senior Center. Member Paden stated that the public art piece “Unbound” was unveiled to 50/50 reviews. Terry Floyd stated that target completion date is sometime in October. We are anticipating the ribbon- cutting event to be very large and well attended. ****** ITEM 5, being DISCUSSION OF PROJECT STATUS-PROJECT MANAGERS Norman Forward Citizens Financial Oversight Board Minutes August 5, 2019 Page 4 None at this time. ****** ITEM 6, being APPOINT MEMBER TO BE CFOB LIAISON TO THE INDOOR AQUATIC/MULTI-SPORT AD HOC COMMITTEE Member Rogers volunteered to be the Ad Hoc liaison to the Indoor Aquatic and Multi-Sport project and Member Price will take over being Ad Hoc liaison for the Griffin Park project. After review and discussion of the new Ad Hoc Committee liaison appointments, Member Sherman made a motion and Member Montoya seconded that motion to approve the new Ad Hoc Committee liaisons. Motion passed unanimously. ****** ITEM 7, being MISCELLANEOUS DISCUSSION Chair Nations stated that he likes that the fact that the new Central Library will have a coffee shop. Member Rogers stated that she misses the yellow/green color of the public art piece at the Westwood Pool. ****** ITEM 8, being ESTABLISHMENT OF FUTURE MEETING TIME(S) The next meeting of the Norman Forward Citizen’s Financial Oversight Board will be on September 30, 2019 from 3:30 pm-5pm at the new Central Library. ****** Norman Forward Citizens Financial Oversight Board Minutes August 5, 2019 Page 5 ITEM 9, being ADJOURNMENT Chair Nations made a motion to adjourn. The motion was seconded by Member Paden. The motion passed unanimously and the meeting adjourned at 4:22 pm.