AGENDA - REGULAR MEETING
COWETA PUBLIC WORKS AUTHORITY
COWETA CITY HALL, 310 S. BROADWAY
IMMEDIATELY FOLLOWING THE MEETING
OF THE COWETA CITY COUNCIL
OF THE COWETA CITY COUNCIL
MONDAY, MARCH 7, 2022 6:00 P.M.
MEETING PROCEDURE: Comments on all scheduled agenda items will be heard immediately following the presentation by staff or the petitioner. Please wait until you are recognized by the Chairman and keep your comments as brief as possible. Individuals addressing the Trustees must identify themselves by name prior to making any comments. The Trust Authority will act on an agenda item after comments from staff and the Trust Authority have been heard.
I.
II.
ROLL CALL
EVETTE YOUNG ______
HAROLD CHANCE ______
NAOMI HOGUE ______
LOGAN BROWN ______
RANDY WOODWARD ______
HAROLD CHANCE ______
NAOMI HOGUE ______
LOGAN BROWN ______
RANDY WOODWARD ______
III.
CONSENT
(All matters under the "Consent Calendar" are considered by the Board of Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from consent by request.)
1.
MINUTES OF THE REGULAR MEETING
APPROVAL OF THE MINUTES OF THE COWETA PUBLIC WORKS AUTHORITY REGULAR MEETING HELD ON JANUARY 3, 2022. (JULIE CASTEEN, ASSISTANT TRUST MANAGER)
Documents:
2.
PUBLIC UTILITY EASEMENT
AFFIRMATION OF THE ACTIONS TAKEN BY THE COWETA CITY COUNCIL ON FEBRUARY 7, 2022 TO ACCEPT A CERTAIN PUBLIC UTILITY EASEMENT LOCATED WITHIN SECTION 17, TOWNSHIP 17 NORTH, RANGE 16 EAST OF THE INDIAN BASE AND MERIDIAN, WAGONER COUNTY, STATE OF OKLAHOMA. (ROGER KOLMAN, CITY MANAGER)
Documents:
3.
VALVE INSTALLATION
AFFIRMATION OF THE ACTIONS TAKEN BY THE TRUST MANAGER TO USE EMERGENCY PURCHASING AUTHORITY TO CAUSE A WATER VALVE TO BE INSTALLED ON A 12" WATER MAIN BY CORE & MAIN IN THE AMOUNT OF $18,000.00. (ROGER KOLMAN, TRUST MANAGER)
IV.
OLD BUSINESS
1.
RESOLUTION 2022-07
DISCUSSION AND POSSIBLE ACTION ON THE ADOPTION OF RESOLUTION 2022-07 A RESOLUTION AUTHORIZING THE COWETA PUBLIC WORKS AUTHORITY (THE “AUTHORITY”) TO ISSUE ITS SALES TAX REVENUE NOTE, SERIES 2022 IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT-TO-EXCEED $12,500,000.00 (THE “NOTE”); WAIVING COMPETITIVE BIDDING AND AUTHORIZING THE NOTE TO BE SOLD ON A NEGOTIATED BASIS; APPROVING AND AUTHORIZING THE EXECUTION OF A SALES TAX AGREEMENT BY AND BETWEEN THE CITY OF COWETA, OKLAHOMA (THE “CITY”) AND THE AUTHORITY PERTAINING TO A YEAR-TO-YEAR PLEDGE OF CERTAIN SALES AND USE TAX REVENUE; APPROVING AND AUTHORIZING EXECUTION OF 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.
V.
NEW BUSINESS
(Business which was not foreseen prior to the posting of the agenda.)
VI.