Title
Minutes of the Special Joint City Council and SACIC Meeting Held on September 17, 2024. [SACIC] (City Clerk)
Body
UNAPPROVED
MINUTES OF THE JOINT MEETING OF THE CITY COUNCIL AND SUCCESSOR AGENCY TO THE COMMUNITY IMPROVEMENT COMMISSION (SACIC)
TUESDAY- -SEPTEMBER 17, 2024- -6:59 P.M.
Mayor/Chair Ezzy Ashcraft convened the meeting at 7:07 p.m. Councilmember/Commissioner Jensen led the Pledge of Allegiance.
ROLL CALL - Present: Councilmembers/Commissioners Daysog, Herrera Spencer, Jensen, Vella and Mayor/Chair Ezzy Ashcraft - 5. [Note: Councilmember/Commissioner Vella was present via teleconference from the Fairfield Inn and Suites Oklahoma City Yukon, 1520 Garth Brooks Boulevard, Yukon, Oklahoma 73099.]
Absent: None.
CONSENT CALENDAR
Councilmember/Commissioner Herrera Spencer moved approval of the Consent Calendar.
Councilmember/Commissioner Jensen seconded the motion, which carried by the following roll call vote: Councilmembers/Commissioners Daysog: Aye; Herrera Spencer: Aye; Jensen: Aye; Vella: Aye; and Mayor Ezzy Ashcraft: Ayes: 5. [Items so enacted or adopted are indicated by an asterisk preceding the paragraph number.]
(*24-013 SACIC) Minutes of the Special Joint City Council and SACIC Meeting Held on June 18, 2024. Approved.
(*24-503 CC/24-014 SACIC) Recommendation to Accept the Investment Transactions Report and Annual Investment Report for the Fiscal Year Ending June 30, 2024. Accepted.
AGENDA ITEM
(24-504 CC/24-015 SACIC) Resolution No. 16194, "Authorizing the City to Enter into a Loan Agreement with JP Morgan Chase Bank N.A. to Refund Prior Lease Revenue Bond Obligations Related to Alameda Point in an Amount Not-to-Exceed $7,200,000 and Authorizing City Officers (as Identified Herein) to Execute the Loan Agreement and Related Documents to Take Any Other Necessary Action to Effectuate the Loan." Adopted.
The Controller gave a Power Point presentation.
Inquired whether the matter pertains to the lease revenue at Alameda Point; di...
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