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Home My WebLink About2005.01.04_OPWA Agenda�� ,; TYPE OF MEETING: Regular DATE: January 4, 2005 TIME: 6:30 p.m. PLACE: Council Chambers, Old Central Building 109 N. Birch Notice and agenda filed in the office of the City Clerk and posted at City Mall at 5:00 p.m. on Thursday, December 30, 2004. Timothy D. ney, Assistant Cit anager 1. Call to Order Chairman Kimball 2. Flag Salute 3. Roll Call 4. Consideration and appropriate action relating to a request for approval of 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. Approval of the Minutes of the December 21, 2004 Regular Meeting. Attachment #4-A B. Approval of Claims. Attachment #4 -B C'. \Documents and Settings\ tim_rooney \Desktop\Agendas \OPWA January 5, 2005.doc Owasso Public Works Authority January 4, 2005 Page 2 C. Action relating to the approval of a supplemental appropriation in the OPWA Fund and authorizing the payment of that transfer to the Capital Improvements Fund of the City. Attachment #4 ®C Staff will recommend Trustee approval of a supplemental appropriation in the OPWA Fund, increasing revenues and interfund transfers out by $9,823,500 and authorizing the payment of that transfer to the Capital Improvements Fund of the City. This action is necessary as a result of the issuance of the OPWA Sales Tax Revenue Note in December of 2004. 5. Report from OPWA Manager. 6. Report from OPWA Attorney. 7. New Business. (New Business is any item of business which could not have been foreseen at the time of posting of the agenda.) 8. Adjourrunent. CADOCUnnents and SettingsVinn rooney\Desktop\Agendas\0PWA January 5, 2005,doe OWASSO PUBLIC WORKS AUTHORITY MINUTES OF REGULAR MEETING Tuesday, December 21, 2004 The Owasso Public Works Authority met in regular session on Tuesday, December 21, 2004 in the Council Chambers at Old Central per the Notice of Public Meeting and Agenda posted on the . City Hall bulletin board at 5:00 p.m. on Friday, December 17, 2004. ITEM 1. CALL TO ORDER Chairman Kimball called the meeting to order at 8:23 p.m. ITEM 2. FLAG SALUTE The flag salute was held during the City Council meeting preceding this meeting. ITEM 3. ROLL CALL PRESENT Susan Kimball, Chair Craig Thoendel, Vice Chair Gary Cochran, Trustee Brent Colgan, Trustee A quorum was declared present. STAFF" Rodney J. Ray, Authority Manager Ronald Cates, Authority Attorney ABSENT Steve Cataudella, Trustee Mr. Cochran moved, seconded by Mr. Thoendel, to approve the OPWA Consent Agenda with claims totaling $249,219.1.6, and payroll claims totaling $51,933.54, YEA: Cochran, Colgan., Kimball, Thoendel NAY: None Motion carried 4 -0. Owasso Public Works Authority December 21, 2004 None None ITEM 7. NEW BUSINESS None FFKZVA�i � '�11 Mr. Colgan moved, seconded by Mr. Cochran, to adjourn. YEA: Cochran, Colgan, Kimball, Thoendel NAY: None Pat Fiy, Minute Clerk I Susan Kimball, Chair OPWA CLAIMS TO BE PAID i` t t, R VENDOR DESCRIPTION AMOUNT SAMS CLUB MAINT SUPPLIES 97.58 LOWES COMPANIES FUSE - PARKING AREA 38.90 LOCKE SUPPLY EMERGENCY EXIT LIGHT 81.00 WAL -MART COMMUNITY JANITORIAL SUPPLIES 49.68 AMERICAN OVERHEAD DOOR OVERHEAD SHOP DOOR 120.50 ADMINISTRATION DEPT TOTAL 387.66 OLINGHOUSE, DAVID R. METER READINGS 366.75 DINKINS, TYRONE METER READINGS 199.80 METER, MARK METER READINGS 211.05 MCLAURIN, OSCAR METER READINGS 177.75 TECHNICAL PROGRAMMING SERVICES BILLING SERVICE 2,743.46 UTILITY BILLING DEPT TOTAL 3,698.81 SAMS CLUB MAINT SUPPLIES 21.56 LOWES COMPANIES MAINT SUPPLIES 8.10 UNIFIRST CORPORATION UNIFORMS /PROT CLOTHING 60.20 LOWES COMPANIES REPAIR PARTS 1.27 L & S TRUCKING SANDY LOAM 350.00 KEYSTONE EQUIPMENT BACKHOE REPAIR 73.18 ACCURATE ENVIRONMENTAL AMMONIA GAS ELECTRODE 516.76 UTILITY CABLE COMMUNICATIONS ROAD BORE 600.00 EQUIPMENT ONE AIR COMPRESSOR 67.29 WATER DEPT TOTAL 1,698.36 SAMS CLUB MAINT SUPPLIES 7.23 WAL -MART COMMUNITY JANITORIAL SUPPLIES 25.72 UNIFIRST CORPORATION UNIFORMS /PROT CLOTHING 60.35 AFFORDABLE FIRE EQUIPMENT REPAIR/MAINT SUPPLIES 38.00 LOWES COMPANIES VENT REPAIRS 17.97 ERMI INC SLUDGE ANALYSIS 8.80 TERMINIX PEST CONTROL 45.00 BAUMAN INSTRUMENT CORP OXYGEN SENSOR 298.10 WW TREATMENT PLANT DEPT TOTAL 501.17 OWASSO STAFFING TEMP STAFFING 519.60 UNIFIRST CORPORATION UNIFORMS /PROT CLOTHING 181.80 OKLAHOMA NATURAL. GAS 11/04 USAGE 9.26 WASTEWATER DEFT TOTAL _ 710.66 UNIFIRST CORPORATION UNIFORMS /PROT CLOTHING 62.12 REFUSE DEPT TOTAL 62.12 LOWES COMPANIES SHOP SUPPLIES 96.83 UNIFIRST CORPORATION UNIFORMS /PROT CLOTHING 13.60 RECYCLE DEPT TOTAL 110.43 OPWA OPERATING FUND TOTAL 7,169.21 VENDOR DESCRIPTION AMOUNT GREELEY & HANSEN, LLC ENGINEERING SERVICES 02/03/04 18,135.83 JPMORGAN CHASE BANK FAP -04- 0006 -L 21,530.88 JPMORGAN CHASE BANK ORF- 02- 0017 -L 10,300.60 JPMORGAN CHASE BANK ORF -99 -008 -L 2,432.40 JPMORGAN CHASE BANK FAP -92- 0107 -L 3,261.84 JPMORGAN CHASE BANK FAP -01- 0003 -L 5,016.81 JPMORGAN CHASE BANK ORF- 01- 0002 -L 8,680.83 JPMORGAN CHASE BANK ADMIN FEES 1,545.00 CAPITAL IMPROVEMENTS FUND TOTAL 70,904.19 RC13 TRUST SERVICES SERIES 2004 NOME 142,708.33 JPMORGAN CHASE BANK ADMIN FEES 2,144.46 OPWA SALES TAX FUND TOTAL 144,852.79 OPWA GRAND TOTAL 222,926.19 TO: HONORABLE CHAIR AND TRUSTEES OWASSO PUBLIC WORKS AUTHORITY FROM: SHERRY BISHOP FINANCE DIRECTOR TRANSFER �,:,IIBJECT: OPWA, SERIES 2004 NOTE OAN PROCEEDIS DATE: December 30, 2004 Capital projects for the City of Owasso are funded by the third penny sales tax and budgeted in the Capital Improvements Fund of the City of Owasso. When those projects are financed by debt, the debt is issued by the OPWA and the loan payments are funded by the third penny sales tax. In December, the $10,000,000 Owasso Public Works Authority Sales Tax Revenue Note, Series 2004 was issued to fund capital projects of the City. Fees and expenses totaling $176,500 were paid from the proceeds of the loan leaving $9,823,500 available to fund projects. As issuer of the loan, those project funds are held by the OPWA. Because the capital projects are budgeted in the Capital Improvements Fund of the City, the loan proceeds need to be transferred from the OPWA Fund to the Capital Improvements Fund of the City. The OPWA Fund budget should also be amended to include the revenue and transfer of the loan proceeds. Staff recommends Trustee approval of a supplemental appropriation in the OPWA Fund increasing revenues and increasing interfund transfers out by $9,823,500 and authorizing the payment of that transfer to the Capital Improvements Fund of the City.