Tallgrass Economic Development LLC Board Meeting

AGENDA
1. Call to Order
2. Roll Call:

• Jim Parris, Chairman
• Kay Bills, Vice Chair
• Patsy Stuke, Treasurer
• Kay Martin
• Megan Cruz

3. Invocation
4. Agenda (Review and Approval)

1. Minutes:
    • December 21, 2017
    • January 5, 2018

2. Reports:
    A. CEO Report – Kelly Corbin

    B. CFO Report – Kelly Corbin
         i. Review of financial statements – Susan Elliott
           1. October 2017
           2. November 2017
           3. December 2017
      ii. Review of Aged Accounts Payable Report as of January 22, 2018
     iii. Review of Aged Accounts Receivable Report as of January 22, 2018
     iv. Cash Balance in Osage LLC Accounts at BOK, Bank of Owasso, First National Bank of Pawhuska accts
      v. Listing of outstanding checks not yet cleared at BOK as of January 22nd
     vi. Copy of check registers listing all checks that have been authorized to be paid, including the purpose of the         payment, from the date of out last monthly Board meeting on December 21st through January 22nd
   vii. Cash Flow Projection for 30/60/90 days
        1. Options for addressing cash needs:
            a. Proposed Line of Credit with BOK
            b. Transfer of Funds from Brokerage Account
 

   C. Audit Committee Report – Jim Parris
      a. Report of recommendation of the Audit Proposal Review Committee for selection of the Audit Firm for 2017 audit
          i. Resolution to award audit contract
 

   D. Bluestem Report – Teresa Meade
       a. Quarterly Report for Quarter ending December 31, 2017
       b. Bluestem Annual Report to Congress

  E. Old Business:
       a. Update on Plan of Merger draft sent to the Principal Chief’s office – Jim Parris
       b. Update on status of Sharon Bertram agreement required prior to payment for outstanding invoices

  F. New Business
       a. Preparation of Board meeting schedule for Osage LLC through September 30, 2018 – Elaine Hight
       b. Resolution to authorize Patsy Stuke access to the Tallgrass Investment Securities Account.
       c. Annual Report to Congress that is required to be presented in early April
          i. Assign responsibility for preparation of outline, timeline and preparation of the report to be presented to the Board   for review and approval.
      d. Extension of Contract with Kelly Corbin
          i. Resolution to extend contract

3. Executive Session (if required)

4. Adjournment
Next Scheduled Meeting: Thursday, February 22, 2018 via Conference Call