HomeMy WebLinkAbout2007.09.04_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY
MINUTES OF REGULAR MEETING
Tuesday, September 4, 2007
The Owasso Public Works Authority met in regular session on Tuesday, September 4, 2007 in
the Council Chambers at Old Central per the Notice of Public Meeting and Agenda posted on the
City Hall bulletin board at 11:00 a.m. on Friday, August 31, 2007.
ITEM 1. CALL TO ORDER
The meeting was called to order at 8:20 p.m.
ITEM 2. ROLL CALL
PRESENT ABSENT
Steve Cataudella, Chair
D.J. Gall, Vice Chair
Doug Bonebrake, Trustee
Susan Kimball, Trustee
Jon Sinex, Trustee
A quorum was declared present.
STAFF
Rodney J. Ray, Authority Manager Julie Lombardi, Authority Attorney
ITEM 3. CONSIDERATION AND APPROPRIATE ACTION RELATING TO A
REQUEST FOR TRUSTEE APPROVAL OF THE CONSENT AGENDA
A. Approval of Minutes of the August 21, 2007 Regular Meeting.
B. Approval of Claims.
Mr. Bonebrake moved, seconded by Ms. Kimball, to approve the OPWA Consent Agenda with
claims totaling $670,373.03, and payroll claims totaling $71,682.98.
YEA: Bonebrake, Cataudella, Gall, Kimball, Sinex
NAY: None
Motion carried 5-0.
Owasso Public Works Authority September 4, 2007
ITEM 4. CONSIDERATION AND APPROPRIATE ACTION RELATING TO A
REQUEST FOR TRUSTEES TO AWARD A CONTRACT FOR THE
PURCHASE OF WATER METERS
Mr. Stevens presented the item. Mr. Gall moved, seconded by Mr. Sinex, for Trustee approval to
award a contract to Water Products of Oklahoma, Incorporated of Owasso, Oklahoma, for the
purchase of %" x 3/4" water meters at $102.00 each, 1" water meters at $182.00 each, 1-%2" water
meters at $355.00 each and 2" meters at $489.00 each.
YEA: Bonebrake, Cataudella, Gall, Kimball, Sinex
NAY: None
Motion carried 5-0.
ITEM 5. CONSIDERATION AND APPROPRIATE ACTION RELATING TO A
REQUEST FOR TRUSTEE APPROVAL OF RESOLUTION NO. 2007-08, A
RESOLUTION AUTHORIZING THE OWASSO PUBLIC WORKS
AUTHORITY (THE "AUTHORITY") TO ISSUE ITS UTILITY SYSTEM AND
SALES TAX REVENUE NOTE, SUBORDINANTE SERIES 2007 (THE
"NOTE") IN THE AGGREGATE PRINCIPAL AMOUNT OF $10,000,000.00;
WAIVING COMPETITIVE BIDDING AND AUTHORIZING THE NOTE TO BE
SOLD ON A NEGOTIATED BASIS; APPROVING AND AUTHORIZING
EXECUTION OF A SUBORDINATE LIEN SALES TAX AGREEMENT BY
AND BETWEEN THE CITY AND THE AUTHORITY PERTAINING TO A
YEAR-TO-YEAR PLEDGE OF CERTAIN SALES TAX REVENUE;
APPROVING AND AUTHORIZING EXECUTION OF AN INDENTURE
AUTHORIZING THE ISSUANCE AND SECURING THE PAYMENT OF THE
NOTE; PROVIDING THAT THE ORGANIZATIONAL DOCUMENT
CREATING THE AUTHORITY IS SUBJECT TO THE PROVISIONS OF THE
INDENTURE; RATIFYING AND CONFIRMING A LEASE AGREEMENT;
ESTABLISHING THE AUTHORITY'S REASONABLE EXPECTATION WITH
RESPECT TO THE ISSUANCE OF TAX-EXEMPT OBLIGATIONS BY THE
AUTHORITY IN CALENDAR YEAR 2007, AND DESIGNATING THE NOTE
AS A QUALIFIED TAX-EXEMPT OBLIGATION; AUTHORIZING AND
DIRECTING THE EXECUTION OF THE NOTE AND OTHER DOCUMENTS
RELATING TO THE TRANSACTION, INCLUDING A PARITY AGREEMENT
WITH THE OKLAHOMA WATER RESOURCES BOARD AND
PROFESSIONAL SERVICES AGREEMENTS; AND CONTAINING OTHER
PROVISIONS RELATING THERETO
Ms. Bishop presented the item. Ms. Kimball moved, seconded by Mr. Bonebrake, for Trustee
approval of Resolution No. 2007-08.
YEA: Bonebrake, Cataudella, Gall, Kimball, Sinex
NAY: None
Motion carried 5-0.
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Owasso Public Works Authority
ITEM 6. REPORT FROM OPWA MANAGER
No report
ITEM 7. REPORT FROM OPWA ATTORNEY
No report
ITEM 8. NEW BUSINESS
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ITEM 9. ADJOURNMENT
Mr. Bonebrake moved, seconded by Ms. Kimball, to adjourn.
YEA: Bonebrake, Cataudella, Gall, Kimball, Sinex
NAY: None
Motion carried 5-0 and the meeting was adjourned at 8:25 p.m.
Pat Fry, Minute Clerk
September 4, 2007
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Steve C taudella, Chairman