HomeMy WebLinkAbout2012.02.07_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY
MINUTES OF REGULAR MEETING
Tuesday, February 7, 2012
The Owasso Public Works Authority met in regular session on Tuesday, February 7, 2012 in the
Council Chambers at Old Central per the Notice of Public Meeting and Agenda posted on the
City Hall bulletin board at 6:00 p.m. on Friday, February 3, 2012.
ITEM 1 CALL TO ORDER
Chairman Bonebrake called the meeting to order at 8:01 p.m.
ITEM 2 ROLL CALL
PRESENT ABSENT
Doug Bonebrake, Chairman Charlie Brown, Trustee
Bryan Stovall, Vice Chairman
Steve Cataudella, Trustee
Patrick Ross, Trustee
A quorum was declared present
STAFF
Rodney Ray, Authority Manager
ITEM 3 CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE
APPROVAL OF THE CONSENT AGENDA
A. Approval of Minutes of the January 17, 2012 Regular Meeting
B. Approval of Claims
Mr. Ross moved, seconded by Mr. Brown, to approve items the Consent Agenda with claims
totaling $738,519.03. Also included for review were payroll payment reports for pay periods
01/14/12 and 01/28/12.
YEA: Stovall, Ross, Cataudella, Bonebrake
NAY: None
Motion carried 4-0
ITEM 4 CONSIDERATION AND APPROPRIATE ACTION RELATING TO ITEMS REMOVED FROM
THE CONSENT AGENDA
No action required
Owasso Public Works Authority
February 7, 2012
ITEM 5 CONSIDERATION AND APPROPRIATE ACTION RELATING TO RESOLUTION 2012-01
AGREEING TO FILE APPLICATION WITH THE OKLAHOMA WATER RESOURCES BOARD
(THE "OWRB) FOR FINANCIAL ASSISTANCE THROUGH THE STATE PROGRAM, WITH THE
LOAN PROCEEDS BEING FOR THE PURPOSE OF REFINANCING CERTAIN INDEBTEDNESS
OF THE OWASSO PUBLIC WORKS AUTHORITY, TULSA COUNTY, OKLAHOMA;
APPROVING PROFESSIONAL SERVICES AGREEMENTS; AND CONTAINING OTHER
PROVISIONS RELATED THERETO
Ms. Bishop presented the item recommending Trustee approval of Resolution No. 2012-01. After
discussion, Mr. Cataudella moved, seconded by Mr. Stovall to approve Resolution No. 2012-01,
as recommended.
YEA: Cataudella, Ross, Stovall, Bonebrake
NAY: None
Motion carried 4-0
ITEM 6 CONSIDERATION AND APPROPRIATE ACTION RELATING TO RESOLUTION 2012-02
AUTHORIZING A LOAN FROM THE OKLAHOMA WATER RESOURCES BOARD IN THE
TOTAL AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $1,095,000;
APPROVING THE ISSUANCE OF A PROMISSORY NOTE IN THE TOTAL AGGREGATE
PRINCIPAL AMOUNT OF NOT TO EXCEED $1,095,000, SECURED BY A PLEDGE OF
REVENUES AND AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT; APPROVING
AND AUTHORIZING THE EXECUTION OF A SERIES 2012 SUPPLEMENTAL NOTE
INDENTURE; RATIFYING A LEASE, AS AMENDED BY AN AMENDMENT TO LEASE;
APPROVING VARIOUS COVENANTS; APPROVING AND AUTHORIZING PAYMENT OF
FEES AND EXPENSES; AUTHORIZING DOCUMENTS PERTAINING TO A YEAR-TO-YEAR
PLEDGE OF CERTAIN SALES TAX REVENUE; AND CONTAINING OTHER PROVISIONS
RELATING THERETO
Ms. Bishop presented the item recommending Trustee approval of Resolution No. 2012-02. After
discussion, Mr. Cataudella moved, seconded by Mr. Stovall to approve Resolution No. 2012-02,
as recommended.
YEA: Ross, Stovall, Cataudella, Bonebrake
NAY: None
Motion carried 4-0
ITEM 7 REPORT FROM OPWA MANAGER
No report
ITEM 8 REPORT FROM OPWA ATTORNEY
No report
ITEM 9 NEW BUSINESS
None
Owasso Public Works Authority
ITEM 10 ADJOURNMENT
Mr. Ross moved,. seconded by Mr. Stovall, to adjourn the meeting.
YEA: Ross, Cataudella, Stovall, Bonebrake
NAY: None
Motion carried 4-0 and the meeting was adjourned at 8:05 p.m.
Ashley Hickm n, Minute Clerk
C.
February 7, 2012
Dou nebrake, Chairman