Meeting Summary
The City Commission approved a $10 million sales tax revenue note to fund various infrastructure projects, selecting Chase Bank with a 2.90% non-prepayable rate. The meeting featured extensive public participation, with citizens expressing gratitude for community initiatives like Blue Zones and addressing concerns about city fund balances. Additionally, the commission recognized long-serving employees and an award-winning 911 technician, and received cybersecurity training.
Key Decisions & Votes
Consent Agenda (City Commission)
01:00Approval of routine administrative items without separate discussion.
Sales Tax Revenue Note Series 2018 (City Commission)
17:40Approved the incurrence of indebtedness by the Shawnee Municipal Authority, issuing and selling a $10 million sales tax revenue note to Chase Bank (Option A, non-prepayable) at a 2.90% interest rate.
Engagement Letter with BOK Financial Services Inc. (City Commission)
19:00Approved the engagement letter for financial advisory services at 0.75% of note proceeds.
Consent Agenda (Shawnee Municipal Authority)
21:00Approval of routine administrative items for the Municipal Authority.
Sales Tax Revenue Note Series 2018 (Shawnee Municipal Authority)
22:00Authorized the Shawnee Municipal Authority to issue its $10 million sales tax revenue note series 2018 to Chase Bank (Option A, non-prepayable) at a 2.90% interest rate.
Engagement Letter with Public Finance Law Group LLC (Shawnee Municipal Authority)
23:00Approved the engagement letter for bond council services at 0.75% of the issuance.
Upcoming Community Events
Christmas Parade
Starts at 7:00 PM on Main Street, entertainment begins at 6:00 PM in each block.
Annual Toy Run
Lineup at Firelight, ends at the Elks. Unwrapped toy donation.
Financial Matters
Sales Tax Revenue Note Series 2018
Approval of the issuance of a $10 million sales tax revenue note at a 2.90% interest rate to Chase Bank (non-prepayable option A).
Engagement Letter with BOK Financial Services Inc.
Approval for financial advisory services for the sales tax revenue note.
Engagement Letter with Public Finance Law Group LLC
Approval for bond council services for the sales tax revenue note.
Public Comments
Citizens expressed appreciation for city support of community events and initiatives like Blue Zones, highlighting positive impacts on health and local economy. Concerns were raised regarding discrepancies in city fund balance reporting. There was also a public thank you to City Planner Justin Debruyne for his contributions.
Coming Up
Watch For
- Pottawattamie County Food Policy Council retreat in January to assess food access systems.
- Further reports from St. Anthony Shawnee Hospital on community health needs assessment initiatives.
Announcements
- Animal Control introduced 'Grover,' a dog available for adoption for $5 with a $25 spay/neuter deposit.
- Penny Kessler and Darren Fowler were honored with Oklahoma Municipal League certificates for 25+ years of service.
- Justin Beaver was recognized as the inaugural recipient of the Technician of the Quarter award from the Oklahoma 9-1-1 Authority.
- City Planner Justin Debruyne was publicly thanked for his work and leadership, particularly in advancing the city and supporting local businesses.
Agenda Summary
Consent Agenda
Approval of routine administrative items.
Presentation by Animal Control
Introduction of 'Grover' for adoption.
Citizens Participation
Public comments on various topics including community initiatives, city finances, and appreciation for staff.
Presentation of Oklahoma Municipal League certificates
Honoring Penny Kessler and Darren Fowler for 25 or more years of service.
Recognition of Justin Beaver
For Technician of the Quarter award from the Oklahoma 9-1-1 Authority.
Resolution of the City Commissioners of City of Shawnee, Oklahoma
Approving the incurrence of indebtedness by the Shawnee Municipal Authority, issuing and selling a sales tax revenue note series 2018 for $10 million.
Consider approval of engagement letter with BOK Financial Services Inc.
For financial advisory services related to the sales tax revenue note.
City Manager Reports
Reports from the City Manager.
New Business (City Commission)
Discussion of any new items.
Commissioner Comments
Comments and announcements from commissioners.
Consent Agenda (Shawnee Municipal Authority)
Approval of routine administrative items for the Municipal Authority.
Resolution authorizing the Shawnee Municipal Authority to issue its sales tax revenue note series 2018
Authorizing the issuance of a $10 million sales tax revenue note.
Consider approval of engagement letter with the Public Finance Law Group LLC
For bond council services related to the sales tax revenue note.
Receive cybersecurity training
Training from the Oklahoma Municipal Assurance Group.