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HomeMy WebLinkAbout2024.05.21_OPWA MinutesOWASSO PUBLIC WORKS AUTHORITY (OPWA) MINUTES OF REGULAR MEETING TUESDAY, MAY 21, 2024 The Owasso Public Works Authority (OPWA) met in regular session on Tuesday, May 21, 2024, in the Council Chambers at Old Central, 109 North Birch, Owasso, Oklahoma per the Notice of Public Meeting filed Friday, December 8, 2023; and the Agenda filed in the office of the City Clerk and posted at City Hall, 200 South Main Street, at 5:00 pm on Friday, May 17, 2024. 1. Call to Order -Chair Alvin Fruga called the meeting to order at 6:42 pm. 2. Roll Call - A quorum was declared present. Present Absent Chair - Alvin Fruga None Vice Chair- Lyndell Dunn Trustee - Doug Bonebrake Trustee - Kelly Lewis Trustee - Paul Loving Staff: Authority Manager - Chris Garrett / Authority Attorney - Julie Lombardi 3. Consideration and appropriate action relating to the Consent Agenda. (All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable.) A. Approve minutes - May 7, 2024, and May 14, 2024, Regular Meetings B. Approve claims Mr. Bonebrake moved, seconded by Mr. Dunn, to approve the Consent Agenda as presented, with claims totaling $360,986.25. YEA: Bonebrake, Dunn, Lewis, Loving, Fruga NAY: None Motion carried: 5 -0 4. Consideration and appropriate action relating to items removed from the Consent Agenda - None 5. Consideration and appropriate action relating to Resolution 2024 -01, authorizing the Owasso Public Works Authority (the "Authority ") to issue its Sales Tax Revenue Note, Series 2024 (the "Note ") in the aggregate principal amount of $42,870,000.00; waiving competitive bidding and authorizing the Note to be sold on a negotiated basis; ratifying and confirming a 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 a Supplemental Note 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 Note Indenture; authorizing and directing the execution of the Note and other documents relating to the transaction; and containing other provisions relating thereto Carly Novozinsky, Allen Brooks, and Jon Wolff presented the item, recommending approval of Resolution 2024 -01. There were no comments from the audience. After discussion, Mr. Bonebrake moved to approve Resolution 2024 -01, awarding the note to Bank of Oklahoma at a rate of 4.719 %, seconded by Mr. Dunn, as recommended. YEA: Bonebrake, Dunn, Lewis, Loving, Fruga NAY: None Motion carried: 5 -0 6. Consideration and appropriate action relating to quotes received for the removal of excess earthen material from the new Public Works Facility site Roger Stevens presented the item, recommending award of the contract to Pinney Dozer Service, LLC of Skiatook, Oklahoma, at the rate of $7.95 per cubic yard for loading and transporting services, in an amount not to exceed $874,500.00, and authorization to execute all necessary documents. There were no comments from the audience. After discussion, Mr. Loving moved, seconded by Ms. Lewis, to award the contract and authorize execution of documents, as recommended. YEA: Bonebrake, Dunn, Lewis, Loving, Fruga NAY: None Motion carried: 5 -0 7. Report from OPWA Manager - None 8. Report from OPWA Attorney - None 9. Official Notices - The Chair acknowledged receipt of the following: • Payroll Payment Report - pay period ending date May 4, 2024 • Monthly Budget Report- April 2024 10. New Business - None 11. Adjournment Ms. Lewis moved, seconded by Mr. Loving, to adjourn the meeting. YEA: Bonebrake, Dunn, Lewis, Loving, Fruga NAY: None Motion carried: 5 -0 and the meeting adjourned at 7:03 pm. M. Stevens,/Authority Clerk `O? .7 a SEAL ::54 J o Owasso Public Works Authority May 21, 2024 Page 2