HomeMy WebLinkAbout2000.04.04_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY
MINUTES OF REGULAR MEETING
Tuesday, April 4, 2000
The Owasso Public Works Authority met in regular session on Tuesday, April 4, 2000 in the
Council Chambers at the Owasso Community Center per the Notice of Public Meeting and
Agenda posted on the City Hall bulletin board at 4:00 p.m. on Friday, March 31, 2000.
ITEM 1 CALL TO ORDER
Chairman Wilken called the meeting to order at 6:30 p.m.
ITEM 2: INVOCATION
The invocation was offered by Human Resources Director Allan Harder.
ITEM 3: FLAG SALUTE
Assistant City Manager Tim Rooney led in the flag salute.
ITEM 5: ROLL CALL
PRESENT ABSENT
Mark Wilken, Chair
Maly Lou Barnhouse, Vice Chair
Denise Bode, Trustee
Melinda Voss, Trustee
H C "Will" Williams, Trustee
STAFF
Larry Mitchell, City Manager
Ronald D Cates, Authority Attorney
Marcia Boutwell, Authority Secretary
A quorum was declared present.
ITEM 5: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST
FOR APPROVAL OF THE CONSENT AGENDA.
A. Approval of the Minutes of March 21, 2000 Regular Meeting.
B. Approval of Claims.
The consent agenda included minutes of the March 21, 2000 regular meeting, by reference made
a part hereto. Item B on the consent agenda included the following claims: (1) Owasso Public
Works Authority $142,892.77; (2) OPWA Capital Improvements $31,179.31; (3) OPWA Sales
Tax $124,828.75; (4) Payroll $30,739.33. Mr Williams moved, seconded by Ms Voss, to
approve the consent agenda.
AYE: Williams, Voss, Bode, Banihouse, Wilken
NAY: None
Owasso Public Works Authority
Motion carried 5-0.
April 4, 2000
ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO OPWA
RESOLUTION #2000-01, A RESOLUTION ESTABLISHING SEWER RATES
AND SANITATION SERVICE RATES FOR RURAL WATER DISTRICT
CUSTOMERS RESIDING WITHIN THE CORPORATE LIMITS OF THE CITY
OF OWASSO, OKLAHOMA.
Ms Bishop said that in December 1999 the City Council and the OPWA Trustees approved
agreements with Rural Water District #3, Rogers County and with Rural Water District #3,
Washington County, listing shared responsibilities for utility operations in areas within the city
limits of Owasso that are served by a rural water district. The agreements state that the rural
water districts will be responsible for billing and collections of the City°s utility charges for
sanitary sewer, sanitation, and ambulance subscription services. OPWA Resolution #2000-01
creates a lump sum charge for all city utilities, including an administrative fee to be retained by
the rural water district, and establishes brackets for ranges of water usage to set sanitary sewer
fees. The amounts set in the resolution for each utility are based on the current rates for all
customers residing inside the city limits. Dr Bode moved, seconded by Ms Voss, to approve
OPWA Resolution #2000-01, establishing utility rates for rural water district customers residing
inside the corporate limits of the City of Owasso.
AYE: Bode, Voss, Williams, Barnhouse, Wilken
NAY: None
Motion carried 5-0.
ITEM 7: CONSIDERATION AND APPROPRIATE ACTION RELATING TO OPWA
RESOLUTION #2000-02 A RESOLUTION AUTHORIZING AN INTERIM
CONSTRUCTION LOAN FROM THE OKLAHOMA WATER RESOURCES
BOARD IN THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF NOT TO
EXCEED $2,620,000; APPROVING THE ISSUANCE OF A PROMISSORY NOTE
IN THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED
$2,620,000, SECURED BY A PLEDGE OF REVENUES AND AUTHORIZING
ITS EXECUTION; APPROVING AND AUTHORIZING THE EXECUTION OF A
LOAN AGREEMENT FOR INTERIM CONSTRUCTION CLEAN WATER SRF
_LOAN; RATIFYING 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
Mr Allan Brooks, Bond Counsel for the OPWA, presented the item. The Oklahoma Water
Resources Board (OWRB) operates the State Revolving Fund (SRF) loan program and Financial
Assistance Program (FAP). These programs provide low interest financing for eligible projects.
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Owasso Public Works Authority April 4, 2000
The OPWA currently has three notes with the OWRB. The OPWA applied, and has been
approved, for a Clean Water State Revolving Fund loan. On February 15, 2000, the OPWA
Trustees accepted a Letter of Binding Commitment from he OWRB for an interim construction
loan for an amount not to exceed $2,620,000 at 4.25% interest, plus an administrative fee of
0.5% on the outstanding balance. The loan matures not later than two years following the
completion of construction, at which time permanent financing will be arranged with the OWRB.
OPWA Resolution #2000-02 authorizes an interim construction loan with the OWRB, approves
the issuance of a promissory note and loan agreement, and approves and authorizes various other
documents and actions necessary to complete the financing. The resolution authorizes an
amount not to exceed $2,260,000, however, the final amount will most likely be $2,581,000. Mr
Williams moved, seconded by Ms Voss, to approve OPWA Resolution #2000-02.
AYE: Williams, Voss, Bode, Barnhouse, Wilken
NAY: None
Motion carried 5-0.
ITEM 8: REPORT FROM OPWA MANAGER
No report.
ITEM 9: REPORT FROM OPWA ATTORNEY.
No report.
ITEM 10: NEW BUSINESS.
None
ITEM 11: ADJOURNMENT
Dr Bode moved, seconded by Mr Williams, to adjourn.
AYE: Bode, Williams, Voss, Barnhouse, Wilken
NAY: None
Motion carried 5-0, and the meeting was adjourned at 6:46 p.m.
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Marcia outwell, Secretai
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Mark Wilken, Chairperson