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HomeMy WebLinkAbout158_Owasso Public Works Authority EstablishedLAW OFFICES HIRSH, JOHANNING AND HUDSON OKLAHOMA CITY ORDINNNTCE NO. 158 AN ORDINANCE PROVIDING FOR LEASING OF ALL OF THE CITY'S PROPRIETARY REVENUE-PRODUCING UTILITY SYSTEMS AND FACILITIES, AND ENLARGEMENTS AND IMPROVEMENTS THEREOF TO THE TRUSTEES OF THE OWASSO PUBLIC WORKS AUTHORITY SO THAT THEY MAY PROVIDE FUNDS TO ENLARGE AND/OR IMPROVE SAID PROPERTIES, SYSTEMS AND FACILITIES BE IT ORDAINED BY THE COUNCIL OF THE CITY OF OWASSO, OKLAHOMA: SECTION 1. The City of Owasso hereby consents and agrees to the leasing of all of the City's revenue-producing utility systems and 11 facilities including but not limited to the water, garbage and sanitary sewer systems and facilities and any other proprietary revenue-producing utility system or facility acquired by the City during the life of said Lease, together with any and all additions, enlargements, extensions and improvements thereto acquired by the City during the life of the Lease for a primary term of fifty (50) years, renewable for successive like terms, to the Trustees of The Owasso blic 'Horks Authority (a public trust of which the City is the beneficiary), with such Lease to become effective as of 12:01 o'clock a.m. on the day following the date this Ordinance shall become effective; and the Mlayor of the City hereby is authorized and di- rected to execute the aforesaid Lease upon behalf of the City as Lessor, in several multiple originals, and after the same shall have been attest- ed by the City Clerk, to deliver such lease to the Trustees of the afore- said Authority. SECTION 2. This Ordinance shall be referred to a vote of the electors of the City if a sufficient and lawful referendum petition is properly filed within thirty days after its passage; otherwise it shall go into effect thirty days after its passage. PASSED AND APPROVED this day ATTEST! (Seal) Styr --- iv I, the undersigned City Clerk of the City of Owasso, Oklahoma, hereby certify that the foregoing is a true, correct and complete copy of an Ordinance of said City duly adopted by the governing body of said City at a meeting held on the date therein stated as the same appears in the minutes of said meeting on file in my office as a part of the official records thereof. City Clerk, City of Owasso, Oklahoma PROOF OF P1 ATI STATE OF OKLAHOMA, TULSA COUNTY, ss, Bill R, Retherford, of lawful age, being duly sworn, upon oath deposes and says that he is the publisher of the PAGE 10, OWASSO REPORTER, 'THURSDAY, JUNE 14 197,3, Ow s s o q i ;� fpm 3°. i'....... m , anewspaper printed in the English language, in the City of fice was -go m m . m ... m . m . m, Tulsa County, Oklahoma, having a bona fide paid general circulation therein, and Published in the Owasso Reporter, Tulsa County, Owasso, Okla. Thursday, June 149 1973. with entrance into the United States mail as second class mail matter in Tulsa County and published in said county where delivered to the United States mail, and that the notice ORDINANCE No. 158 by publication, a copy of which is hereto attached, was AN ORDINANCE PROVIDING FOR LEASING OF published in said newspaper for m m . 9 P m m ...... m . ALL OF THE CITY'S PROPRIETARY REVENUE consecutive weeks, the first publication being on the PRODUCING UTILITY SYSTEMS AND FACIL- ITIES, AND ENLARGEMENTS AND IMPROVE- . m.mmmm,.m day of.m - J.un ..m , m, ENTS THEREOF TO THE TRUSTEES OF THE m m m mmmm.m.m OWASSO PUBLIC WORKS AUTHORITY SCI THAT 19 7 3 . m m and the last day of publication being on the �EY.'MAY PROVIDE FUNDS TO ENLARGE AND � IMPROVE SAID PROPERTIES, SYSTEMS AND m . m 4419 ............. day of ............ FACILITIES my 19 m m . m m ., and that said newspaper has been continuously BE IT ORDAINED BY THE COUNCIL OF THE CITY OE and uninterruptedly published in said county during the OWASSO, OKLAHOMA: period of more than One Hundred and Four (104) weeks consecutively, prior to the first publication of said notice, SECTION t. or advertisement, as required by Section one, Chapter The City of Owasso hereby consents and agrees to the ^ r, Title 25 Oklahoma Session Laws, 1843, as amended leasing.of all of the City's revenue - producing utility' souse BiE No. 495, 22nd Legislature, and thereafter, systems and facilities including but not limited to the and complies with all of the prescriptions and require- water,, garbage and sanitary sewer systems and ry is c he laws of Oklahoma. (The advertisement above facilities and any other proprietary revenue- producing 7erred to is a true and printed opyaS�d notice was utility system or facility acquired by the City during 'o bushed in all edi�;i`ins of s �s ws p d not, i a the life of said i Lease, together with any and all ad- thereotl � p � � ditions, enlargements,, extensions and improvements thereto acquired by the City during the life of the Lease ZrZ for a primary term of fifty (50) years, renewable for successive like terms, to the Trustees of The Owasso -red and sworn to before me by Bill R, gtherford, Public Works Authority (a public trust of which the City is the beneficiary), with such Lease to become z E,�Eisher of the . > . V . , effective as of 12.01 o'clock a.m. on the day following ; the date this Ordinance shall become effective; and this A day of m . ....., l8 7 � . ® the Mayor of the City, hereby is authorized and directed to execute the aforesaid Lease upon behalf of the City not. �% ... , as Lessor, in several multiple originals, and after the ary Publi same shall have been attested by the City Clerk, to 8-26-1974 ✓ deliver' such lease to the Trustees of the aforesaid )MY commission expires . . . . . ..... . . . ......... Authority. ..8 ® 80 SECTION 2. PUBLISHER'S FEE $. m ..... This Ordinance shall be referred to a vote of the electara bt the City if a sufficient and lawful referen- is properly filed within thirty days after p, e; otherwise it shall go into effect thirty days :afters' passage. PASSED AND APPROVED this 12 day of June, 1973. Joe foss ATTEST: (Seal) Mayor ?Marcia G. Riggs City Clerk I, the undersigned; City Clerk of the City of Owasso, Okla- homa, hereby certify that the foregoing is a true, correct and complete copy of an Ordinance of said City duly adopted by the governing body of said City at a meeting held on the date therein stated as the same appears in the Minutes of said meeting on file in my office as a part of the official records thereof. ( Seal) Marcia G. Riggs City Clerk, City of Owasso, Oklahoma