HomeMy WebLinkAbout2003 01_OPWA_Loan Application OWRB_2003.05.20
THE OW ASSO PUBLIC WORKS AUTHORITY
RESOLUTION NO. 2003-01
RESOLUTION OF THE TRUSTEES OF THE OW ASSO PUBLIC WORKS
AUTHORITY AGREEING TO FILE APPLICATION WITH THE
OKLAHOMA WATER RESOURCES BOARD FOR FINANCIAL
ASSISTANCE THROUGH THE DRINKING WATER SRF LOAN PROGRAM
FOR THE PURPOSE OF FINANCING WATER SYSTEM IMPROVEMENTS
AND CONTAINING OTHER PROVISIONS RELATED THERETO.
(the
(the
Tulsa County, Oklahoma
water system improvements
Owasso Public Works Authority,
consideration the financing of certain
WHEREAS, The
"Authority") has under
"Project"); and
WHEREAS, it is deemed desirable for the Authority to give preliminary authorization of the
issuance of obligations for such purpose; and
to qualified
made monies available
WHEREAS, the Oklahoma Water Resources Board has
entities for the financing of certain qualifying projects; and
with the Oklahoma Water
be sufficient to pay certain
WHEREAS, the Authority hereby agrees to file an application(s)
Resources Board for financial assistance in the aggregate amount as will
of the costs associated with the Project.
NOW, THEREFORE, BE IT RESOLVED BY THE TRUSTEES OF THE OW ASSO
PUBLIC WORKS AUTHORITY, TULSA COUNTY, OKLAHOMA, THAT
Section 1 Application. The Authority shall file an Application(s) with the Oklahoma
Water Resources Board seeking financial assistance through the Drinking Water State Revolving
Fund Program and the Chairman or Vice Chairman and Secretary or Assistant Secretary of the
Authority are hereby authorized to execute said Application(s) for and on behalf of the Authority.
The Authority is further authorized to advance to the Oklahoma Water Resources Board the
necessary application fees in connection with the referenced Application(s)
Professionals. The Authority authorizes staff of the Authority and Wells Nelson
LLC, as financial advisor, and Fagin, Brown, Bush, Tinney & Kiser, as bond
and submit the referenced Application(s) on behalf ofthe Authority and to take
is necessary to accomplish the financing ofthe Project.
Section 2
& Associates,
counsel, to prepare
such other action as
Section 3. Other Matters The Chairman or Vice Chairman and Secretary or Assistant
Secretary of the Authority are hereby authorized and directed to do all other lawful things necessary
to carry out the terms and conditions of this Resolution.
'"
OPW A Resolution #2003-01
Page 1
APPROVED AND ADOPTED this 20th day of May, 2003
THE OW ASSO PUBLIC WORKS AUTHORITY
APPROVED AS TO FORM
p
'"
OPW A Resolution #2003-01
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