HomeMy WebLinkAbout1996.12.17_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY
MINUTES OF REGULAR MEETING
Tuesday, December 17, 1996
The Owasso Public Works Authority met in regular session on Tuesday, December 17, 1996 in
the Council Chambers at the Owasso Community Center per the Notice of Public Meeting and
Agenda posted on the City Hall bulletin board at 4:00 p.m. on Friday, December 13, 1996.
ITEM 1: CALL TO ORDER
Chairman Ewing called the meeting to order at 7:05 p.m.
ITEM 2: INVOCATION
The invocation was given by Jim McElrath, Support Services Director.
ITEM 3: FLAG SALUTE
The flag salute was led by Mr Ramey.
ITEM 4: ROLL CALL
PRESENT
Danny Ewing, Chair
Joe Ramey, Vice Chair
Mary Lou Barnhouse, Trustee
Michael Helm, Trustee
Tracy Standridge, Trustee
STAFF
Rodney J Ray, City Manager
Ronald D Cates, Authority Attorney
Marcia Boutwell, Authority Secretary
ABSENT
ITEM 5: REQUEST APPROVAL OF THE MINUTES OF DECEMBER 3. 1996
REGULAR MEETING.
Mr Ramey moved, seconded by Mr Standridge, to approve the minutes as submitted, by
reference made a part hereto.
AYE: Ramey, Standridge, Barnhouse, Helm, Ewing
NAY: None
Motion carried 5-0.
ITEM 6: REQUEST APPROVAL OF THE CLAIMS.
Ms Barnhouse moved, seconded by Mr Helm, that the following claims be approved as
submitted: (1) OPWA Fund $125,487.96; (2) Payroll $28,067.20.
Owasso Public Works Authority December 17, 1996
AYE: Barnhouse, Helm, Ramey, Standridge, Ewing
NAY: None
Motion carried 5-0.
ITEM 7: CONSIDERATION AND APPROPRIATE ACTION RELATING TO OPWA
RESOLUTION #96-05 AUTHORIZING A LOAN FROM THE OKLAHOMA
WATER RESOURCES BOARD IN THE AMOUNT OF NOT TO EXCEED
$1,520,000: APPROVING THE ISSUANCE OF A NOTE IN THE AMOUNT
OF NOT TO EXCEED $1520,000. SECURED BY A PLEDGE OF
REVENUES AND AUTHORIZING ITS EXECUTION: APPROVING AND
AUTHORIZING THE EXECUTION OF A WFCRLA LOAN AGREEMENT
FOR INTERIM FINANCING• APPROVING AND AUTHORIZING THE
EXECUTION OF A SECURITY AGREEMENT AND A SALES TAX
AGREEMENT: RATIFYING AND CONFIRMING A LEASE, AS AMENDED
BY AN AMENDMENT TO LEASE PERTAINING TO CERTAIN
PROPRIETARY REVENUE -PRODUCING UTILITY SYSTEMS SERVING
THE CITY OF OWASSO OKLAHOMA• APPROVING VARIOUS
COVENANTS: APPROVING AND AUTHORIZING EXECUTION OF LEGAL
AND FINANCIAL ADVISORY SERVICE AGREEMENTS AND PAYMENT
OF FEES AND EXPENSES: AND CONTAINING OTHER PROVISIONS
RELATING THERETO.
The Trustees, at the November 5, 1996 meeting, made tentative award of a contract for the
construction of wastewater treatment plant improvements contingent upon receiving final
approval and closing the loan with the Oklahoma Water Resources Board. Resolution #96-05
authorizes a loan from the OWRB for construction of the wastewater treatment plant
improvements, and contains other provisions necessary to secure the loan. It also authorizes the
Chair or Vice Chair and Secretary of the OPWA to take actions as may be required in
connection with the execution and delivery of the necessary documents. Mr Ramey moved,
seconded by Ms Barnhouse, to approve OPWA Resolution #96-05.
ITEM 8. CONSIDERATION AND APPROPRIATE ACTION RELATING TO THE
PRESENTATION OF AN INDEPENDENT AUDIT OF FINANCIAL
TRANSACTIONS FOR THE OPWA FUND FOR FY 1995-96. AND A
REQUEST FOR THE TRUSTEES TO RECEIVE THE AUDIT REPORT
Ms Bishop presented the 1995-96 annual audit and auditor's remarks. She introduced Mr Ron
Cottrell, of the auditing firm of Carlson and Cottrell. There were no questions from the
Trustees or citizens. Chairman Ewing moved, seconded by Mr Helm, that the OPWA receive
the audit for review and information.
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Owasso Public Works Authority
AYE: Ewing, Helm, Barnhouse, Standridge, Ramey
NAY: None
Motion carried 5-0.
ITEM 9: REPORT FROM OPWA MANAGER
No report.
ITEM 1 . REPORT FROM OPWA ATTORNEY
No report.
ITEM 11: UNFINISHED BUSINESS
None.
ITEM 12: NEW BUSINESS
None.
ITEM 13: ADJOURNMENT
Mr Standridge moved, seconded by Ms Barnhouse, to adjourn.
AYE: Standridge, Barnhouse, Helm, Ramey, Ewing
NAY: None
December 17, 1996
Motion carried 5-0, and the meeting was adjourned at 8: p.m.
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Danny wing, Chairper n
Marcia Coutwell, Authority Secretary
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