City Council

Agenda — 2 items

1. ORDINANCE NO. 3547: AN ORDINANCE AUTHORIZING THE RESTATEMENT OF THE LEASE AGREEMENT AND OPERATION AND MAINTENANCE CONTRACT DATED APRIL 1, 1979, AS HERETOFORE AMENDED, INCLUDING THE EXTENSION OF THE LEASE TERM; PROVIDING FOR CITIZEN INITIATED REFERENDUM OF SAID LEASE AGREEMENT IN ACCORDANCE WITH SECTION 4- 2 OF THE CITY CHARTER.
2. RESOLUTION NO. CC-2024-33: A RESOLUTION OF THE CITY OF STILLWATER, OKLAHOMA (THE “CITY”) APPROVING THE INCURRENCE OF INDEBTEDNESS BY THE STILLWATER UTILITIES AUTHORITY (THE “AUTHORITY”) ISSUING ITS UTILITY SYSTEM AND SALES TAX REVENUE BONDS (THE “BONDS”) IN ONE OR MORE SERIES FOR THE PURPOSE OF REFUNDING CERTAIN OBLIGATIONS OF THE AUTHORITY; PROVIDING THAT THE ORGANIZATIONAL DOCUMENT CREATING THE AUTHORITY IS SUBJECT TO THE PROVISIONS OF THE BOND INDENTURE, WAIVING COMPETITIVE BIDDING AND AUTHORIZING THE SALE OF SAID BONDS BY THE AUTHORITY AT NEGOTIATED SALE AND AT A PRICE LESS THAN PAR; RATIFYING AND CONFIRMING A LEASE AGREEMENT, AS AMENDED, PERTAINING TO THE LEASING OF THE CITY’S WATER, SANITARY SEWER, SOLID WASTE, AND ELECTRIC SYSTEMS TO THE AUTHORITY, AND AUTHORIZING AN AMENDED LEASE AGREEMENT AND OPERATION AND MAINTENANCE CONTRACT; APPROVING AND AUTHORIZING EXECUTION OF A SALES TAX AGREEMENT BY AND BETWEEN THE CITY AND THE AUTHORITY PERTAINING TO A YEAR-TO-YEAR PLEDGE OF CERTAIN SALES TAX REVENUE; APPROVING THE FORMS OF A CONTINUING DISCLOSURE AGREEMENT AND AN OFFICIAL STATEMENT; AND CONTAINING OTHER PROVISIONS RELATING THERETO.

Watch Stillwater

This is one agenda. Stillwater publishes another every few weeks, and the thing you care about is rarely on the one you happened to find. Name it and we will email you when it appears.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.