Consider approving an ordinance authorizing the calling and holding of a special election on September 12, 2023, in the City of Lawton, State of Oklahoma, for the purpose of issuing general obligation bonds in the amount of Sixty Million Dollars ($60,000,000) in one or more series in order to fund construction, reconstruction, improvements or repairs to be made to the City’s streets and roadways and bridges including right of way acquisition, and including purchasing or constructing or repairing City utilities under and adjacent to such streets and roadways and bridges, such utilities to be owned exclusively by said City, said projects as deemed appropriate and prioritized by the City Council from time to time with or without the use of other funds; or in the alternative acquire all or a distinct portion thereof by lease purchase arrangement; providing for severability; declaring an emergency; and requiring the full text to be published and take action as necessary. Exhibits: Ordinance No. 23-25 and Election Proclamation.

Committee

City Council

Introduced

June 23, 2023

On agenda

July 11, 2023