AGENDA OF A REGULAR MEETING OF THE CHAIRPERSON AND TRUSTEES OF THE 
ARDMORE PUBLIC WORKS AUTHORITY, TO BE
HELD ON 11/01/2021 AT 7:00 PM IN THE COMMISSION CHAMBERS FOLLOWING REGULAR CITY COMMISSION MEETING
 
NOTICE: "Official action can only be taken on items which appear on the agenda.  The Trustees may adopt, approve, ratify, deny, defer, recommend, amend, strike, or continue any item.  When more information is needed to act on an item, the Trustees may refer the matter to the Manager or the Municipal Counselor.  The Trustees may also refer items to standing committees of the City Commission or to a board or commission for additional study.  Under certain circumstances, items are deferred to a specific later date or stricken from the agenda entirely."
1.

CALL TO ORDER


2.

ROLL CALL


3.

APPROVE AGENDA - ORDER OF BUSINESS AND CONTENTS


4.

APPROVE MINUTES


4.A.

Ardmore Public Works Authority Meeting Minutes

of the Ardmore Public Works Authority Regular Meeting held on October 18, 2021

5.

REGULAR BUSINESS


5.A.

RESOLUTION(S)


5.A.1.

Resolution 1

Consider and Take Action with Respect to a Resolution of the Ardmore Public Works Authority (The “Authority”) Approving the Authorizing a Clean Water SRF Loan from the Oklahoma Water Resources Board in the Total Aggregate Principal Amount of $30,000,000.00; Approving the Issuance of a Promissory Note in the Total Aggregate Principal Amount of $30,000,000.00, 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 Sales Tax Agreement; Ratifying and Confirming a Lease Agreement and Operation and Maintenance Contract, as Amended; Ratifying and Confirming a Party Agreement; Approving Various Covenants; Approving and Authorizing Application to the Oklahoma Water Resources Board; Approving and Authorizing Professional Services Agreement; Approving and Authorizing the Establishment of a Project Cost Disbursement Account and Approving and Authorizing Payment of Fees and Expenses; And Containing other Provisions Relating Thereto and Approval or Rejection of Any Amendments Proposed and Considered by Trustees at the Meeting.

(Presented by Kevin Boatright, City Manager)

5.B.

AGREEMENT(S)


5.B.1.

Agreement 1

Request to Approve an Agreement with Municipal Finance Services, Inc. Designating them as the Authority's Financial Advisor in Connection with the Financing of Projects Under the Clean Water SRF Loan Program and Approval or Rejection of Any Amendments Proposed and Considered by the Trustees at the Meeting.

(Presented by Kevin Boatright, City Manager)

5.B.2.

Agreement 2

Consideration and Possible Approval of a Legal Services Agreement with The Public Finance Law Group PLLC Authorizing them as the Authority's Bond Counsel to Provide Legal Services Required by the Oklahoma Water Resources Board in Connection with the Financing of Certain Dam and Spillway Improvements at Ardmore City Lake and Mountain Lake and Approval or Rejection of Any Amendments Proposed and Considered by the Trustees at the Meeting.

(Presented by Kevin Boatright, City Manager)

6.

NEW BUSINESS

(As defined by the Oklahoma Open Meeting Act 25 OK Statutes § 311 (A) (9) as “matters not known about or which could not have reasonably been foreseen prior to the time of posting the agenda”).
7.

ADJOURN