THE TRUSTEES OF THE SHAWNEE MUNICIPAL AUTHORITY OF THE CITY OF SHAWNEE, COUNTY OF POTTAWATOMIE, STATE OF OKLAHOMA, MET IN REGULAR SCHEDULED SESSION IN THE COMMISSION CHAMBERS AT CITY HALL, 9TH AND BROADWAY, SHAWNEE, OKLAHOMA, MONDAY OCTOBER 4, 2010, PURSUANT TO A RECESS OF THE BOARD OF CITY COMMISSIONERS MEETING AT 6:33 P.M., WITH NOTICE DULY POSTED AS PRESCRIBED BY LAW. UPON ROLL CALL, A QUORUM WAS DECLARED WITH THE FOLLOWING MEMBERS IN ATTENDANCE:
AGENDA ITEM NO. 3: Consider and take action with respect to a resolution approving and authorizing a drinking water SRF loan from the OKLAHOMA WATER RESOURCES BOARD in the total aggregate principal amount of $1,485,000.00; approving the issuance of a promissory note in the total aggregate principal amount of $1,485,000.00, secured by a pledge of revenues and authorizing its execution; approving and authorizing the execution of a loan agreement for DRINKING 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 whereby the City Of Shawnee leased its water and sanitary sewer systems to the Shawnee Municipal Authority; approving various covenants; approving and authorizing payment of fees and expenses; approving professional services agreements; and containing other provisions relating thereto.
A motion was made by Trustee Harrod, seconded by Trustee Sims, to approve Resolution No. SMA-2010-03. .
Resolution No. SMA-2010-03 was then introduced and read into the record :
A RESOLUTION APPROVING AND AUTHORIZING A DRINKING WATER SRF LOAN FROM THE OKLAHOMA WATER RESOURCES BOARD IN THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF $1,485,000.00; APPROVING THE ISSUANCE OF A PROMISSORY NOTE IN THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF $1,485,000.00, SECURED BY A PLEDGE OF REVENUES AND AUTHORIZING ITS EXECUTION; APPROVING AND AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT FOR DRINKING 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 WHEREBY THE CITY OF SHAWNEE LEASED ITS WATER AND SANITARY SEWER SYSTEMS TO THE SHAWNEE MUNICIPAL AUTHORITY; APPROVING VARIOUS COVENANTS; APPROVING AND AUTHORIZING PAYMENT OF FEES AND EXPENSES; APPROVING PROFESSIONAL SERVICES AGREEMENTS; AND CONTAINING OTHER PROVISIONS RELATING THERETO.
AGENDA ITEM NO. 4: Consider recess of Shawnee Municipal Authority to reconvene Shawnee Board of City Commissioners.
A motion was made by Trustee Collier, seconded by Trustee Winterringer to recess the Shawnee Municipal Authority and reconvene the Shawnee Board of City Commissioners. Motion carried 7-0. (6:36 p.m.)
AGENDA ITEM NO. 5: Consider reconvening Shawnee Municipal Authority.
A motion was made by Trustee Sims, seconded by Trustee Holt to reconvene the Shawnee Municipal Authority (7:12 p.m.)
AGENDA ITEM NO. 6: Consider approval of Consent Agenda.
a. Minutes from the September 20, 2010 meeting.
b. Confirm action taken by City Commission on Agenda Item Number 8-a regarding opening of bids for Repairs to Screw Pumps Contract No. COS-SMA-11-03 (Bids opened and deferred to October 18, 2010 meeting)
c. Confirm action taken by City Commission on Agenda Item Number 8-b regarding opening of bids for Chlorination/Dechlorination Equipment Contract No. COS-SMA-11-02 (Bids opened and deferred to October 18, 2010 meeting)
d. Confirm action taken by City Commission on September 20, 2010 Agenda Item Number 12 a regarding opening of bid for High Service Pump Station Improvements Contract SHA-09-04 DWSRF Project No. P-40-1020504-02 (deferred to October 4, 2010 meeting) and confirm action taken by City Commission on October 4, 2010 Agenda Item Number 8-c regarding awarding of bid for High Service Pump Station Improvements Contract SHA-09-04 DWSRF Project No. P-40-1020504-02 (Bid awarded to Wynn Construction Company)
A motion was made by Trustee Harrod, seconded by Trustee Sims, to approve the consent agenda. Motion carried 7-0.
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