HomeMy WebLinkAbout1984 04_Incure indebtedness Owasso Industrial Authority_1984.02.21THE COUNCIL OF THE CITY OF 0NA3S0, OKLAHOMA, MET IN REGULAR SESSION AT THE
CITY HALL IN THE CITY OF 0WA3SO° OKLAHOMA, ON THE 213T DAY OF FEBRUARY, 1984°
AT 7:00 O'CLOCK P.M.
PRESENT: Boyd M. Spencer, Mayor; Wauhilleau Webb, Vice-Mayor; James Smlley,
Councilman; Von Stockler, CounciLmn
ABSENT: Phyllis Gross,
Public notice Of regular meetings for the Calendar year 1994 having been given
in writing to the Owasso City Clerk and public notice having been posted in
prominent public view at the Owasso City Hall, Owasso, Oklahoma, 24 hours
prior to this meeting, excluding Saturdays" Sundays and legal holidays.
(OTHER PROCEEDINGS)
THEREUPQN, intr0duCed and moved passage of d Resolution
which was read rk and Considered by sections. Upon motion
the R l �i �5
�f Sec0nded bv ~ � e�O V on w
finally passed with the following vote:
AYE: %hssro~ Spencer, S.malley, Stockier
The Resolution was thereupon signed by the Mayor of the City and attested
and sealed with the seal of the City by the City Clerk and is as follows:
A RESOLUTION RELATING T0 THE INCURRING OF
INDEBTEDNESS BY THE TRUSTEES OF THE UWAS50
INDUSTRIAL AUTHORITY.
WHEREAS, The Trustees of The Uwa558 Industrial Authority have determined
to incure indebtedness in the aggregate amount of not to exceed $800,000.00
evidenced by a promissory note of the Authority in the principal amount Of not
to exceed $800°000.00 /the "Note"), for the purpose of providing funds for the
expansion ' Woods Energy Products, Inc., Of its industrial manufacturing
facilities located in the Three Lakes Industrial Park, Owasso, Oklahoma (the
"Project"); and
Adopted this 21st day Of Februdry, 1984.
ayor
(SEAL)
My C�erk
STATE OF OKLAHOMA )
) SS.
COUNTY OF TULSA )
Witness my hand and seal this 21st day of February, 98'
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City Clerk
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