§ 101. Sales Tax Overview Committee.

A.

Sales Tax Overview Committee created. There is hereby created a committee which shall be known as the 2014 Extended 1.1% Sales Tax Overview Committee (STOC) which shall consist of twenty-one (21) citizens who shall be qualified electors of the City of Tulsa. The members shall serve without compensation. No member of STOC shall be an elected public official. STOC shall terminate when all funds generated by the 2014 Extended 1.1% Sales Tax have been expended.

B.

Appointment and terms. Members of the current STOC shall continue to serve as the 2014 Extended 1.1% STOC. Terms shall be as provided by Title 43-C. All members of STOC shall serve until their respective successors are appointed and qualified.

C.

Vacancies. In the event of vacancies on STOC, appointments to fill such vacancies shall be for the remainder of the unexpired terms. A member of STOC shall have vacated his or her position on STOC if such member fails to attend three (3) consecutive meetings; provided, however, that the vacancy so created shall not prohibit the reappointment to STOC of such member.

D.

City Clerk to maintain STOC roster. All appointments to STOC shall be filed with the City Clerk of the City of Tulsa, and the City Clerk shall maintain a list of the current members of STOC.

E.

Elected officials, municipal personnel and agencies to assist. The facilities, personnel, elected officials and agencies of the municipal government are hereby directed to be available and to cooperate with STOC to accomplish the objectives and purposes herein set forth. Copies of City reports and records pertaining to the receipts and expenditures of the proceeds of the sales tax extension shall be made available to STOC upon request.

F.

Monthly report to STOC. The Mayor or the Mayor's designee shall provide to the Sales Tax Overview Committee and the City Council a monthly report on the status of the 2014 Extended 1.1% Sales Tax Fund and the projects listed in this chapter. The monthly report shall include, with reference to each project or program, current information on:

1.

The estimated cost;

2.

The amount of total appropriations;

3.

The amount of total expenditures;

4.

A statement of completion status;

5.

A summary of all budget transfers; and

6.

The amount of any unencumbered and unallocated fund balance within the 2014 Extended 1.1% Sales Tax Fund.

Said monthly report shall be in addition to any reports that the Mayor or the Mayor's designee is required by law to provide.

G.

Meetings and report of STOC. STOC shall meet at least once each month beginning with the month of July, 2014. The monthly meeting shall be at least seven (7) days prior to the first meeting of the City Council in the following month. At the first meeting of the Council of each month, beginning with the month of August, 2014, the Chairman or other member designated by STOC shall attend the regular meeting of the Council and make any report, comment or recommendation which STOC deems to be warranted or, at the option of STOC, a written report from STOC may be submitted monthly to the Council. A time for the presentation of such report shall be reserved on the agenda for the first City Council meeting of every month beginning August, 2014, until the sales tax revenues have been fully expended for the projects and programs set forth in this title.

(Ord. No. 22922, § 1, 8-27-2013)