HomeMy WebLinkAbout1992.02.04_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY FEBRUARY 4, 1992
On Tuesday, February 4, 1992 the Owasso Public Works Authority met
in a regular session in the Council Chambers at the Community
Center per the Notice of Public Meeting and Agenda posted on the
City Hall bulletin board at 4:00 p.m. on Friday, January 31, 1992.
ITEM 1: CALL TO ORDER.
The meeting was called to order at 7:03 p.m. with Chairman Phillips
presiding.
ITEM 2: FLAG SALUTE.
The flag salute was led by Chairman Phillips.
ITEM 3: ROLL CALL.
PRESENT: John Phillips, Chairman
Patricia Marlar, Vice Chairman
Mark Thompson, Trustee
Bob Randolph, Trustee
Rodney J. Ray, City Manager
Ronald D. Cates, O.P.W.A. Attorney
Jane Buchanan, Secretary
ABSENT: Jason Gittelman, Trustee
A quorum was declared present.
ITEM 4: REQUEST APPROVAL OF THE MINUTES FROM THE JANUARY 21, 1992
MEETING.
A motion was made by P. Marlar, seconded by M. Thompson, to approve
the minutes as written, by reference hereto.
AYE: Marlar, Thompson, Randolph, Phillips
NAY: None
MOTION: Carried 4-0
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OWASSO PUBLIC WORKS AUTHORITY FEBRUARY 4, 1992
ITEM 5: REQUEST APPROVAL OF THE CLAIMS
A motion was made by M. Thompson, seconded by B. Randolph, to
approve the claims as follows: (1) $91,539.11 and (2) Payroll
$15,925.67.
AYE: Thompson, Randolph, Marlar, Phillips
NAY: None
MOTION: Carried 4-0
ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A
REQUEST TO AWARD A CONTRACT TO WATER PRODUCTS OF OKLAHOMA
IN THE AMOUNT OF $6 995 00 FOR THE BULK PURCHASE OF 100
WATER METERS AS PER BID SPECIFICATIONS
Mr. Charles Nicholson presented this item stating at the last
meeting this request was made and objection were voiced by Mr.
Richard Brant stating the bid specifications allowed for a sole
source bid. With that the Trustees deferred the item so further
information could be obtained. Mr. Nicholson presented a letter to
the Trustees from another manufacturer stating their equipment is
compatible with the bid specifications.
With this information, he requested the Trustees award the contract
to Water Products of Oklahoma for the bulk purchase of water
meters.
After discussion, a motion was made by M. Thompson, seconded by P.
Marlar, to award a contract to Water Products of Oklahoma in the
amount of $6,995.00 for the purchase of 100 water meters.
AYE: Thompson, Marlar, Randolph, Phillips
NAY: None
MOTION: Carried 4-0
ITEM 7: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A
REQUEST BY THE CITY MANAGER THAT THE FIRM OF LEO
OPPENHIEM COMPANY INC. BE EMPLOYED BY THE AUTHORITY IN
THE CAPACITY OF FINANCIAL ADVISOR FOR THE PURPOSE OF
ASSISTING IN THE REVIEW OF CAPITAL NEEDS AND ALTERNATIVE
METHODS OF FINANCING SUCH PROJECTS.
Mr. Ray presented this item to the Trustees stating we have reached
a point that requires someone familiar with debt structuring and
the operations of the State Revolving Fund to help us acquire
funding for some much needed infrastructure repairs and
replacement.
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OWASSO PUBLIC WORKS AUTHORITY FEBRUARY 4, 1992
He continued by stating Mr. Keith McDonald with Leo Oppenhiem
Company, Inc. has the expertise needed to assist the Authority.
With this agreement no fees would be paid unless financing is
actually delivered.
Mr. Cates stated he had reviewed the agreement and prepared an
addendum to the agreement naming Mr. McDonald as the "Key Man"
within this agreement since it is his expertise we are wanting.
After discussion, a motion was made by P. Marlar, seconded by B.
Randolph, to approve the agreement and the addendum with Leo
Oppenhiem Company, Inc. naming Mr. Keith McDonald as the "key man"
in assisting the Authority receive funding for capital needs.
AYE: Marlar, Randolph, Thompson, Marlar
NAY: None
MOTION: Carried 4-0
ITEM 8: REPORT FROM O.P.W.A. MANAGER.
None
rITEM 9: REPORT FROM O.P.W.A. ATTORNEY.
r
None
ITEM 10: UNFINISHED BUSINESS.
None
ITEM 11: NEW BUSINESS.
None
ITEM 12: ADJOURN.
With there being no further business to be brought before the
Trustees, a motion was made by B. Randolph, seconded by P. Marlar,
to adjourn.
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OWASSO PUBLIC WORKS AUTHORITY
AYE: Randolph, Marlar, Thompson, Phillips
NAY: None
MOTION: Carried 4-0
Meeting was adjourned at 7:15 p.m.
ne Buchanan, Secretary
FEBRUARY 4, 1992
ohn ps, Chairman
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