Finance Authority Meeting Proposed

THE JOURNAL RECORD, March 3, 1990 | Go to article overview

Finance Authority Meeting Proposed


Finance Authority Meeting Postponed State officials have postponed a meeting which had been scheduled for today for discussion of Oklahoma Development Finance Authority loan practices. The meeting will be rescheduled.

Representatives of the Oklahoma Executive Bond Oversight Commission, Oklahoma Legislative Bond Oversight Commission, development finance authority and Oklahoma Futures plan to meet for further study of a dispute stemming from authority-approved loans averaging $2.4 million.

The authority, created by the Economic Devleopment Act of 1987, granted its first loan last September, and has approved 13 loans totaling $31.9 million. The authority's loans, by law, are funded through bond sales. None of the 13 loans have yet been funded.

Three loans totaling $7.5 million have been put on hold until the bond oversight commissions can reach agreement with the authority on the rules and regulations governing the authority's loan practices.

OU Medieval Fair on Tap More than 70,000 people are expected to converge on Norman Saturday and Sunday, April 7 and 8, to attend the 14th annual University of Oklahoma Medieval Fair, a living history and arts and crafts fair, featuring re-creations of life and people during the Middle Ages.

The annual spring event, planned with Mom's Day weekend at OU, will be from 10 a.m. to 7 p.m. Saturday and 10 a.m. to 6 p.m. Sunday at OU's Brandt Park and Duck Pond, located on East Lindsey Street between Jenkins Avenue and Classen Boulevard. Admission to the fair is free.

Since 1976, OU has brought the "Kingdom of Avalon" to campus for one weekend in April, drawing people from throughout the state and nation to a festival of good times in a woodsy, serene setting. The fair is sponsored by OU, with assistance from the Norman Arts and Humanities Council, funded by the Norman Transient Guest Room Tax, the State Arts Council of Oklahoma and the National Endowment for the Arts.

Express Services Opens 2nd Mississippi Office Express Services, Temporary and Permanent Personnel has awarded a franchise in Mississippi, according to Robert A. Funk, president of the Oklahoma City firm. The franchise, the second office in the state, is located in Tupelo at 2901 Cliff Gookin Blvd., Suite E. Owners are J. Rex and Jean Parker.

Southwestern Bell Introduces New Services Southwestern Bell Telephone Co. has introduced two new services, "Personalized Ring" and "ComCall."

Personalized Ring allows customers to classify certain calls by priority, while ComCall lets customers use their home phone service as an intercom system. No installation is required with either service.

Transportation Commission to Award Contracts The first in a series of projects to widen Int. Hwy. 35 to six lanes will be awarded at the April Oklahoma Transportation Commission meeting Monday.

The multi-million dollar project to widen the Int. …

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