Mayor Taylor To Give BOK $7 Mil for Great Plains

[Chicken Little]

quote:Originally posted by Wrinkle

Was just listening to Chris Medlock's show and he brought up the possibility that a new emergency meeting might yet be called before July 1, 2008 IF, somehow, one of the two no votes last night decided to change.

A public meeting would still require 24 hours prior notice posting before any vote could be had.

On a hunch, I decided to check the City's website to see if any new meetings had been scheduled, ....and here's what I got:

Yes, I see!  It looks like some sort of code...but for what?

[Chicken Little]

quote:Originally posted by Wrinkle

Was just listening to Chris Medlock's show and he brought up the possibility that a new emergency meeting might yet be called before July 1, 2008 IF, somehow, one of the two no votes last night decided to change.

A public meeting would still require 24 hours prior notice posting before any vote could be had.

On a hunch, I decided to check the City's website to see if any new meetings had been scheduled, ....and here's what I got:

Yes, I see!  It looks like some sort of code...but for what?

[Wrinkle]

quote:Originally posted by Chicken Little

quote:Originally posted by Wrinkle

You are, of course, referring to the Tulsa Airports Authority (TAA). Shall we discuss TAIT?

Please Refer to Chapter 8 of Title 39

Has anyone wondered why we have both a TAA and a TAIT? Especially since to become a board member of TAIT, you first are required to be a board member of TAA. Same club, different purpose.

Because they can issue tax-exempt bonds and TAA cannot? I'm pretty sure this is the sole reason for two trusts and why the membership is identical.

quote:And, the original suit is the Tulsa Industrial Authority (TIA) suing TAIT, not TAA.

Because this transaction involved tax exempt bonds?

These are just public trusts.  The former mayor and council, and thus the city, made the decisions.  It therefore makes some sense that the city would have to pony up in the end.

Keep in mind here that TIA is suing TAIT. BOK has not sued any of them as far as I know. And, BOK has definitely NOT sued the City of Tulsa.

TIA orchestrated a pass-thru loan they made from BOK to give to TAIT. TAIT is the one defaulting, not TIA, at least to date.

Besides that, I would think TIA has enough assets to cover their own potential default to BOK, TIA just wants to recover from TAIT's default to TIA. This doesn't even involve BOK at this point.

TIA, via cooperation of our Mayor, was able to get the City of Tulsa to join into their suit as defendant on the 26th. Still no BOK.

This is about paying TIA, not BOK.
TIA is liable to BOK for the amount, and is very likely able to pay it, but doesn't want to.

[Wrinkle]

quote:Originally posted by Chicken Little

quote:Originally posted by Wrinkle

Was just listening to Chris Medlock's show and he brought up the possibility that a new emergency meeting might yet be called before July 1, 2008 IF, somehow, one of the two no votes last night decided to change.

A public meeting would still require 24 hours prior notice posting before any vote could be had.

On a hunch, I decided to check the City's website to see if any new meetings had been scheduled, ....and here's what I got:

Yes, I see!  It looks like some sort of code...but for what?

"Code" for "don't show meeting agendas online".

[Chicken Little]

quote:Originally posted by Wrinkle

Oddly, Tulsa Airport Authority seems to not exist in any Tulsa Ordinance as of this date.

Now, why would you even say something like that?  

Article 5 of the City Charter:
http://www.cityoftulsa.org/ourcity/charter/article5.asp

I know you are not really paranoid, so I think you are playing.  But when you throw out bullsh*t just to see what sticks, you do people a real disservice...and from what I read here in this thread, there are some people here who are teetering awfully close to the edge as it is.  No need for you to push them off the cliff with that kind of dumb stuff.

[TURobY]

quote:Originally posted by Wrinkle

"Code" for "don't show meeting agendas online".

Or a standard error that occurs when there is a database issue, typically with the connection string. It is surprisingly common, and can be caused by any number of variables (password change, malformed connection string, etc)...

[Wrinkle]

quote:Originally posted by Chicken Little

quote:Originally posted by Wrinkle

Oddly, Tulsa Airport Authority seems to not exist in any Tulsa Ordinance as of this date.

Now, why would you even say something like that?  

Article 5 of the City Charter:
http://www.cityoftulsa.org/ourcity/charter/article5.asp

I know you are not really paranoid, so I think you are playing.  But when you throw out bullsh*t just to see what sticks, you do people a real disservice...and from what I read here in this thread, there are some people here who are teetering awfully close to the edge as it is.  No need for you to push them off the cliff with that kind of dumb stuff.

I was asking your source because it didn't show up in the current list of Ordinances. Reasonable question.

I knew I'd seen it before, but there it wasn't.

I'm not the one teetering close to the edge on this deal, or anyone in this thread.

[Chicken Little]

It was indeed a reasonable question and I was happy to answer it.  It was the statement that followed that was over the top.

[Wrinkle]

quote:Originally posted by Chicken Little

It was indeed a reasonable question and I was happy to answer it.  It was the statement that followed that was over the top.

You can't say it does exist in the Ordinances, can you?

[FOTD]

quote:Originally posted by Conan71

quote:Originally posted by Double A

The bond rating argument is steaming hot B.S. to scare the public into accepting this deal and somehow lull the public into a false sense of security that Da Mare is somehow protecting us from the boogeyman. The public won't be scared or silenced into submission and subjugation like little children under the spin of this patronizing condescension.

Or a thinly-veiled threat from one of our members who travels in the same circles as Kaiser talking about all the people BOK employs and what all they give back.  BOK wouldn't get up and walk out on Tulsa if they were not re-paid the $7.1mm.  

If there is some sort of banking reg which would enjoin the city in liablility on this, sure I could see us paying up.  I've not heard that yet.  In the instance where a debtor puts up collateral, disposes of the collateral and the bank cannot repossess it, it still does not alleviate the debtor of the debt.  If they have the ability to pay otherwise, the are legally obliged.  However, the city was not a party to the defense on this until this week.

Dick Stupidity screwed us, he needs to be run out of town on a rail, straight to the ocean.

I am certain Dick Stupidity was preasured like Brute Banker and others by our current Suckretary of State.

[Chicken Little]

quote:Originally posted by Wrinkle

quote:Originally posted by Chicken Little

It was indeed a reasonable question and I was happy to answer it.  It was the statement that followed that was over the top.

You can't say it does exist in the Ordinances, can you?

See, That's what I'm saying...you are playing games and it really makes it hard for some of these folks to sort out fact from bullsh*t.  Some of them have a hard enough time as it is.

[Wrinkle]

quote:Originally posted by TURobY

quote:Originally posted by Wrinkle

"Code" for "don't show meeting agendas online".

Or a standard error that occurs when there is a database issue, typically with the connection string. It is surprisingly common, and can be caused by any number of variables (password change, malformed connection string, etc)...

If no meeting of the sort described occurs prior to Tuesday, I'll conceed. Until then, I can only say in over 5 years of using that site, it's never done that.

[TURobY]

quote:Originally posted by Wrinkle

quote:Originally posted by TURobY

quote:Originally posted by Wrinkle

"Code" for "don't show meeting agendas online".

Or a standard error that occurs when there is a database issue, typically with the connection string. It is surprisingly common, and can be caused by any number of variables (password change, malformed connection string, etc)...

If no meeting of the sort described occurs prior to Tuesday, I'll conceed. Until then, I can only say in over 5 years of using that site, it's never done that.

I won't argue that it has or hasn't happened on the City of Tulsa website. I don't check the site regularly enough to argue either way. I was just answering the question of what the error was, and commenting that the error is fairly common (I even see it here on the TulsaNow site from time to time).

[Wrinkle]

quote:Originally posted by TURobY

quote:Originally posted by Wrinkle

quote:Originally posted by TURobY

quote:Originally posted by Wrinkle

"Code" for "don't show meeting agendas online".

Or a standard error that occurs when there is a database issue, typically with the connection string. It is surprisingly common, and can be caused by any number of variables (password change, malformed connection string, etc)...

If no meeting of the sort described occurs prior to Tuesday, I'll conceed. Until then, I can only say in over 5 years of using that site, it's never done that.

I won't argue that it has or hasn't happened on the City of Tulsa website. I don't check the site regularly enough to argue either way. I was just answering the question of what the error was, and commenting that the error is fairly common (I even see it here on the TulsaNow site from time to time).

Agreed, it is common. Just hadn't experienced it there. Timing is suspicious, however.

Which leads to some discussion about perhaps getting the Council to pass a resolution requiring digital posting of Agendas. This is the electronic age. Might throw in an email subscriber automated mailing for good measure.

Currently, the only legal posting requirements are on the board outside City Hall. Sometimes that can be inconvenient(almost always).

The electronic posting can be in addition, not necessarily replacing.

And, as a byproduct, citizens would be more informed and better served. Imagine that.

[Wrinkle]

quote:Originally posted by Chicken Little

quote:Originally posted by Wrinkle

quote:Originally posted by Chicken Little

It was indeed a reasonable question and I was happy to answer it.  It was the statement that followed that was over the top.

You can't say it does exist in the Ordinances, can you?

See, That's what I'm saying...you are playing games and it really makes it hard for some of these folks to sort out fact from bullsh*t.  Some of them have a hard enough time as it is.

That one was a little gamey, even if true. But, was just for you. Sometimes I intentionally pop balloons, too.