oklahoma_city_water_utilities_trust_meeting_minute.pdf
Escrow banking arrangement with Ameristate Bank endorsed
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Description
The Oklahoma City Water Utilities Trust concurred in establishing an escrow account at Ameristate Bank for the McGee Creek Authority’s Residence Replacement Project WMC-037-1 Revised, with up to $400,000 to be deposited. The resolution also authorizes negotiation of a banking fee and designates authorized signatories for draws on the account.
Contract Details
Contract Amount
not more than $400,000 (escrow account funding; fee to be negotiated)
Vendor
AMERISTATE BANK
Agency
City of Oklahoma, OK
Contract Type
FINANCIAL_SERVICES
Document Date
December 2, 2025
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