HomeMy WebLinkAbout1992 06_Amending Resolution 92-02_1992.01.27WHEREAS, The Owasso Public Golf Authority has determined to issue
$4,905,000 Recreational Facilities Revenue Bonds, Series 1992, and to provide
for original issue discount in the amount of 2.686% of the principal amount of
Bonds issued by the Authority; and
WHEREAS, The City Council has determined to amend Resolution No. 92-02 in
the manner set forth herein®
SECTION 1. Section 1 and Section 2 of Resolution No. 92-02 is hereby
amended to read as follows:
"Section 1. The incurring of indebtedness by the Trustees of The
Owasso Public Golf Authority in the aggregate principal amount of
$4,905,000 to be evidenced by the Bonds of the Authority is hereby
approved by the City Council of the City of Owasso, Oklahoma, the
governing body of said City®
Section 2. Competitive bidding is hereby specifically waived with
respect to the issuance and sale of the Bonds at a purchase price of not
less than ninety four and three hundred fourteen thousandths percent
(94.314%) of the principal amount of the Bonds by the Underwriter which
Purchase Price shall constitute a discount of not more than three percent
(3.0%) of the principal amount of the Bonds, as the Underwriter's sole
compensation, and 2.686% as discount to be credited to the original
purchaser of the Bonds upon original issuance and sale thereof to the
public, with the term or terms of the Bonds not exceeding thirty (30)
years, is hereby specifically approved, all pursuant to the Purchase
Contract."
Section 2. Resolution
and the same Resolution and
date of passage hereof®
51.1.33.jdw
No® 92-02 as amended hereby shall be read as one
shall continue in full force and effect from the
Uty Clerk
N
STATE OF OKLAHOMA
ss.
COUNTY OF TULSA
I, the undersigned, the duly qualified and acting City Clerk of the City
of Owasso, Oklahoma, do hereby certify that attached hereto is a true and
complete copy of a resolution of the City Council of the City of Owasso held on
the date therein stated as the same appears in the minutes of said meeting on
file in my office as a part of the official records thereof. I further certify
that a true and correct copy of the Public Notice and Agenda attached hereto
was posted in prominent public view on the first floor bulletin board at the
City Hall, 207 South Cedar, Owasso, Oklahoma, twenty-four (24) hours prior to
said meeting, excluding Saturdays, Sundays and legal holidays. I further certify
that a true, correct and complete copy of such Public Notice was filed in the
office of the City Clerk of the City of Owasso, Oklahoma, forty-eight (48) hours
prior to the date of the meeting therein described.
WITNESS my hand and seal this 27th day of January, 1992.
Fty Clerk
M