Skip to main content
Civic Transparency Platform
Contact My Subscriptions
City Council Meeting

April 25, 2023 City Council Meeting

April 25, 2023 • Stillwater, OK
Watch Video
Subscribe

Get notified when new summaries are available.

Meeting Summary

TL;DR

The City Council approved a performance-based efficiency contract with Johnson Controls and a related financing agreement with Bank of America. This initiative aims to upgrade city infrastructure, including HVAC, lighting, and water systems, anticipating significant long-term savings and revenue generation. Additionally, the council appointed Brady Morris as the interim city manager.

Key Decisions & Votes

Performance-Based Efficiency Contract with Johnson Controls and Bank of America Financing

42:00

The council approved a contract with Johnson Controls for energy efficiency upgrades across city facilities, including HVAC, LED lighting, water efficiency, and building envelope improvements. This will be financed through a tax-exempt lease purchase agreement with Bank of America.

Approved

Appointment of Interim City Manager

46:40

Brady Morris was appointed as the interim city manager following the retirement of City Manager Norman McNichol, with a 15% increase over his regular salary during the interim appointment.

Approved

Financial Matters

Johnson Controls Performance-Based Efficiency Contract

Total project cost for facility improvements, financed through a tax-exempt lease purchase. Anticipated to generate $1.5 million in increased available budget dollars over 20 years.

13,520,000

Interim City Manager Compensation

Brady Morris will receive a 15% increase over his regular salary during his appointment as interim city manager.

Coming Up

Deadlines

  • Term sheet for Bank of America financing to be signed by April 25, 2023

Watch For

  • Start of Johnson Controls project around June 16, 2023
  • Completion of Johnson Controls project around March 1, 2025

Announcements

  • Appreciation extended to the renewable energy task force for their help with the Johnson Controls project.

Agenda Summary

2A: JCI presentation regarding a performance-based efficiency contract

Presentation and discussion of a contract with Johnson Controls for energy efficiency upgrades and related tax-exempt lease purchase financing proposal from Bank of America.

Approved

3: Reports from officers and Boards

Executive session to discuss the appointment and compensation of an interim city manager.

Approved
← Back to Stillwater