HomeMy WebLinkAbout1987 04_OPWA_Bond Revenues_1987.09.15
RESOLUTION NO 87-04
O~ASSO PUBLIC WORKS AUTHORITY
OWASSO, OKLAHOMA
WHEREAS The Trustees have determined upon a project consisting
of extending, and enlarging and improving the utilities
systems and facilities owned by the City of Owasso,
Oklahoma; and leased to the Trustees; and,
WHEREAS It is necessary and in the best interests of the trust
estate revenue bonds of authority in the aggregate
principal amount of not to exceed One Million Dollars
($1,000,000.00) be advertised for sale, sold and issued
to implement the aforesaid project;
AND BE IT RESOLVED BY THE TRUSTEES OF THE PUBLIC WORKS AUTHORITY:
Section 1 : It hereby is determined to be in the best interest
of the trust estate that the above mentioned revenue
bonds be advertised for sale, sold and issued.
Section 2 : The Chairman of the Trustees of the Authority hereby
is authorized and directed to determine the form and
substance of and to cause to be published a notice
that bids on the aforesaid revenue bonds will be
accepted by the Authority on a date and at a time
and in the principal amount specified ln said notice
ADOPTED THIS 15th DAY OF SEPTEMBER, 1987
Von E.
ATTEST
/
Secretary
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W.A Attorney