Rescind the Resolution No 23-­78 that was approved on May 16th, and consider and take action with respect to a resolution of the City of Lawton, Oklahoma (the “City”) approving action taken by the Lawton Water Authority (the “Authority”) by ratifying and authorizing the action of the Authority in filing of a programmatic applications with Oklahoma Water Resources Board for financial assistance through Financial Assistance Program (FAP) loan programs of the Oklahoma Water Resources Board; and authorizing the issuance, sale and delivery of a promissory notes or notes in one or more series of the Authority to the Oklahoma Water Resources Board in the total aggregate principal amount of not to exceed $50 million for financial assistance through the Financial Assistance Program (FAP) Loan; approving the pledging revenues, ratifying and confirming a lease agreement, as amended pertaining to certain water, sanitary sewer, and refuse systems; and containing other provisions related thereto.

Committee

City Council

Introduced

June 19, 2023

On agenda

June 27, 2023