NOTICE OF SPECIAL MEETING OF TRUSTEES OF THE

KAY COUNTY PUBLIC BUILDING AUTHORITY

 

Pursuant to the Oklahoma Open Meeting Act (25 O.S. 2001, Section 301-314), notice is hereby given that the Trustees of the Kay County Public Buildings Authority will hold a special meeting as follows:

 

                        Date:                Monday, February 13, 2017

                        Time:                9:00 A.M.

                        Place:               Commissioners Court, First Floor, Kay County Courthouse

                        Address:           Kay County Courthouse, 201 S. Main Street, Newkirk, OK

 

Filed this 9th day of February, 2017, at 8:30 a.m. with the Kay County Clerk

 

 

 

A G E N D A

 

  1. Call the meeting to order.
  2. Roll call
  3. Consideration, discussion and possible action to approve/disapprove the minutes of previous meeting.
  4. Consideration, discussion and possible action regarding the status of the loan and lease process with USDA, timing of the project, status of the use of the facility and presentation by bond counsel and local counsel.
  5. Potential Voting Business:

A.    Consideration, discussion and possible action to enter into a Lease between the Kay County Public Building authority and The Board of County Commissioners of Kay County, Oklahoma, equal to the term of the loan indebtedness to the United State of America acting through the United States Department of Agriculture and to execute necessary documents for this purpose.

B.    Consideration, discussion and possible action to adopt a Resolution providing for the incurrence of indebtedness in the principal amount of $482,500.00 from the United State of America acting through the United States Department of Agriculture for the purpose of a community facility building for the use of Kay County and the Kay County Public Building Authority pledging of revenues providing for the collection, handling, and disposition of revenues therefrom and authorizing making of promissory note(s), security instruments, mortgages, and pledges of revenues to evidence and secure the payment of said indebtedness and for related purposes and also providing for the approval of said Loan Resolution Security Agreement and the execution of same by officers of Kay County Public Buildings Authority which also includes the execution of and approval of a  Covenant of Non-Discrimination, RD Form 400-1 and RD Form 400-4.

  1. Adjournment.

 

KAY  COUNTY  PUBLIC  BUILDINGS  AUTHORITY

 

 

 

 

 

___________________________________

                                                                                                                      Tammy Reese, Secretary/Kay County Clerk

 

 

 

 

 

C E R T I F I C A T E

 

            This is to certify that in conformity with Oklahoma Open Meeting Act, public notice of the date, time and place of this meeting, was posted for the Trustees of the Kay County Public Buildings Authority of Kay County at 9:00 o’clock A.M. on the 13th day of February, 2017, and that a true and correct copy of Notice of said meeting was posted at the Courthouse front door, Commissioners Court, and basement handicapped entrance of the Kay County Courthouse in Newkirk, Oklahoma at 8:30 o’clock A.M. on the 9th day of February, 2017, all as required by law.

 

 

                                                __________________________________________

                                                                                                    Tammy Reese, Secretary/Kay County Clerk