HomeMy WebLinkAbout2006.03.06_OPWA Minutes_SpecialOWASSO PUBLIC WORKS AUTHORITY
MINUTES OF SPECIAL MEETING
Monday, March 6, 2006
The Owasso Public Works Authority met in a special meeting on Monday, March 6, 2006 in the
Lower Level Conference Room at City Hall, III N. Main Street, per the Notice of Public
Meeting and Agenda posted on the City Hall bulletin board at 12:00 PM on Thursday, March 2,
2006.
ITEM 1: CALL TO ORDER.
Chairman Thoendel called the meeting to order at 10:01 AM.
PRESENT ABSENT
Craig Thoendel, Chairman Wayne Guevara, Trustee
Steve Cataudella, Vice Chair
Susan Kimball, Trustee
Brent Colgan, Trustee
A quorum was declared present.
ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATINGT TO A REQUEST
FOR TRUSTEE ADOPTION OF RESOLUTION NO. 2006-02 A RESOLUTION
APPROVING AND AUTHORIZING A DRINKING WATER SRF LOAN FROM THE
OKLAHOMA WATER RESOURCES BOARD IN THE TOTAL AGGREGATE PRINCIPAL
AMOUNT OF $4 853 250.00, APPROVING THE ISSUANCE OF A PROMISSORY NOTE IN
THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF $4 853 250.00 SECURED BY A
PLEDGE OF REVENUES AND AUTHORIZING ITS EXECUTION° APPROVING AND
AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT FOR DRINKING WATER
SRF LOAN; APPROVING AND AUTHORIZING THE EXECUTION OF A SECURITY
AGREEMENT,° RATIFYING A LEASE AS AMENDED BY AN AMENDMENT TO LEASE;
AUTHORIZING DOCUMENTS PERTAINING TO A YEAR-TO-YEAR PLEDGE OF
CERTAIN SALES TAX REVENUE; APPROVING VARIOUS COVENANTS ° APPROVING
AND AUTHORIZING PAYMENT OF FEES AND EXPENSES,° AND CONTAINING OTHER
PROVISIONS RELATING THERETO.
Trustee Kimball moved, seconded by Trustee Cataudella, to adopt Resolution No. 2006-02. The
motion carried 4-0.
Owasso Public Works Authority
March 6, 2006
ITEM 3: ADJOURNMENT
Trustee Kimball moved, seconded by Trustee Cataudella, to adjourn the meeting. The motion
carried and the meeting was adjourned at 10:05 AM.
i ho n 9 , Chairman
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