HomeMy WebLinkAbout1988.10.12_OPWA Minutes_SpecialOWASSO PUBLIC WORKS AUTHORITY PAGE ONE OCTOBER 12, 1988
On Tuesday, October 12, 1988 the Owasso Public. Works Authority met
in a special session, called by Chairman Lamb, in the Council
Chambers at the Community Center per the Notice of Public Meeting
and Agenda posted on the City hall bulletin board at 2:00 p.m. on
Monday, October 10, 1988.
ITEM 1: CALL TO ORDER.
The meeting was called to order at 5:05 p.m. with Chairman Lamb
presiding.
ITEM 2: FLAG SALUTE.
The flag salute was led by Chairman Lamb.
ITEM 3: ROLL CALL.
PRESENT: Stacy P. Lamb, Chairman
Patricia Marlar, Vice Chairman
Von E. Stockler, Trustee
John P. Phillips, Trustee
Mark Thompson, Trustee
Rodney J. Ray, City Manager
Ronald D. Cates, O.P.W.A.
Jane Buchanan, Secretary
ABSENT: None
A quorum was declared present.
ITEM 4: DISCUSSION AND CONSIDERATION OF O.P.W.A. RESOLUTION NO.
88-07. A RESOLUTION TO AUTHORIZE AND APPROVE THE
DEFEASANCE OF THE AUTHORITY'S 1977 REVENUE REFUNDING
BONDS AND THE 1979 REVENUE BONDS USING AVAILABLE FUNDS
OF THE AUTHORITY AND TAKING ANY NECESSARY ACTION RELATED
TO THE DEFEASANCE OF THESE TWO BOND ISSUES.
Mr. Rick Smith with Leo Oppenheim & Co. and Mr. Terry Hawkins with
Fagin, Brown, Bush presented to the Trustees their proposal on
this item.
After discussion, a motion was made by M. Thompson, seconded by V.
Stockler, to approval O.P.W.A. Resolution No. 88-07.
AYE: Thompson, Stockler, Marlar, Phillips, Lamb
NAY: None
MOTION: Carried 5-0
OWASSO PUBLIC WORKS AUTHORITY PAGE TWO OCTOBER 12, 1988
ITEM 5: STRICKEN FROM THE AGENDA
ITEM 6: ADJOURN.
With there being no further business to be brought before the
Trustees, Chairman Lamb asked for a motion to adjourn.
A motion was made by M. Thompson, seconded by V. Stockler, to
adjourn.
AYE: Thompson, Stockler, Phillips, Marlar, Lamb
NAY: None
MOTION: Carried 5-0
Meeting was adjourned at 5:57 p.m.
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Stag Lamb, Chairman
J e Buchanan, Secretary