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, SEPTEMBER 12, 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.
2022 MEETING SCHEDULE - REVISED
APPROVAL OF THE REVISED 2022 MEETING SCHEDULE FOR THE CITY OF COWETA. (JULIE CASTEEN, ASSISTANT CITY MANAGER)
2.
MINUTES OF THE REGULAR MEETING
APPROVAL OF THE MINUTES OF THE COWETA PUBLIC WORKS AUTHORITY REGULAR MEETING HELD ON AUGUST 1, 2022. (JULIE CASTEEN, ASSISTANT TRUST MANAGER)
Documents:
IV.
OLD BUSINESS
1.
RESOLUTION 2022-30 ON OWRB FINANCING
DISCUSSION AND POSSIBLE ACTION ON THE ADOPTION OF RESOLUTION 2022-30, A RESOLUTION OF THE COWETA PUBLIC WORKS AUTHORITY (THE “AUTHORITY”) APPROVING AND AUTHORIZING A CLEAN WATER SRF LOAN FROM THE OKLAHOMA WATER RESOURCES BOARD IN THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF NOT-TO-EXCEED $4,600,000.00; APPROVING THE ISSUANCE OF A PROMISSORY NOTE IN THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF NOT-TO-EXCEED $4,600,000.00, SECURED BY A PLEDGE OF REVENUES AND AUTHORIZING ITS EXECUTION; APPROVING AND AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT FOR CLEAN WATER SRF LOAN; DESIGNATING A LOCAL TRUSTEE AND APPROVING AND AUTHORIZING THE EXECUTION OF A TRUST AGREEMENT; APPROVING AND AUTHORIZING THE EXECUTION OF A SECURITY AGREEMENT; RATIFYING AND CONFIRMING A LEASE AGREEMENT; RATIFYING AND CONFIRMING A SALES TAX AGREEMENT AND/OR APPROVING AND AUTHORIZING AN AMENDED SALES TAX AGREEMENT OR AN AMENDMENT TO SALES TAX AGREEMENT; RATIFYING AND CONFIRMING A PARITY AGREEMENT; APPROVING VARIOUS COVENANTS; APPROVING AND AUTHORIZING PAYMENT OF FEES AND EXPENSES; AND CONTAINING OTHER PROVISIONS RELATING THERETO. (ROGER KOLMAN, TRUST MANAGER)
2.
RESOLUTION 2022-25 1% SALES TAX FUND BANK ACCOUNT
DISCUSSION AND POSSIBLE ACTION ON THE ADOPTION OF RESOLUTION 2022-25, A RESOLUTION OF THE TRUSTEES OF THE COWETA PUBLIC WORKS AUTHORITY, COWETA, OKLAHOMA, APPROVING THE AUTHORIZED SIGNATORIES ON A NEW BANK ACCOUNT HELD BY FIRST NATIONAL BANK OF COWETA. (JULIE CASTEEN, ASSISTANT TRUST MANAGER)
Documents:
3.
RESOLUTION 2022-27 REGARDING BUDGET AMENDMENTS
DISCUSSION AND POSSIBLE ACTION ON THE ADOPTION OF RESOLUTION 2022-27, A RESOLUTION OF THE TRUSTEES OF THE COWETA PUBLIC WORKS AUTHORITY ADOPTING AMENDMENTS TO THE ANNUAL REVENUES AND APPROPRIATIONS FOR THE BUDGET OF THE COWETA PUBLIC WORKS AUTHORITY, COWETA, OKLAHOMA FOR FISCAL YEAR ENDING JUNE 30, 2023. (JULIE CASTEEN/ASSISTANT TRUST MANAGER)
V.
NEW BUSINESS
(Business which was not foreseen prior to the posting of the agenda.)
VI.