Authorizing and approving a certain Loan Agreement, providing for the issuance of $1,620,000…

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Recorded in the minutes as: “e. Resolution #082526-06 - Authorizing and approving a certain Loan Agreement, providing for the issuance of $1,620,000 General Obligation Corporate Purpose Bonds, Series 2026, and providing for the levy of taxes to pay the same Murray/DeMoss moved to approve Resolution #082526-06 - Authorizing and … Motion: liminary Official Statement for the bonds was approved by the Council and August 11, 2026 was set as the sale date and the Council awarded the Bonds to BOK Financial Securities, Inc. The action following is for the necessary approval of the issuance of the general obligation corporate purpose loan”. The minutes add: “pproving a certain Loan Agreement, providing for the issuance of $1,620,000 General Obligation Corporate Purpose Bonds, Series 2026, and providing for the levy of taxes to pay the same. Ben Champ, City Manager, presented regarding the bond sale in the budget for current fiscal year to fund equipment costs. The approximately $1.6M Bond is proposed for the purpose of f acquiring vehicles and …”

Motion as recorded: “liminary Official Statement for the bonds was approved by the Council and August 11, 2026 was set as the sale date and the Council awarded the Bonds to BOK Financial Securities, Inc. The action following is for the necessary approval of the issuance of the general obligation corporate purpose loan”.

From the vote line in the official minutes, which names each member’s vote. Members not named in the vote line are shown as Not in the record unless the minutes list them absent. Vote line as printed: “ROLL CALL: AYES: Murray, Birch, Hodges, DeMoss, Konrad. NAYS: None. Motion carried 5-0.”.