City of Broken Arrow Municipal Authority Meeting Agenda May 2026
Authority Considers $27.93M Loan From OK Water Board
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Description
The Broken Arrow Municipal Authority is considering Resolution 1746 to authorize a loan of up to $27.93 million from the Oklahoma Water Resources Board, backed by a Series 2026A Promissory Note and revenue pledge. The action would approve related trust and loan documents and payment of financing fees and expenses.
Contract Details
Contract Amount
Not to exceed $27,930,000
Vendor
OKLAHOMA WATER RESOURCES BOARD
Agency
City of Broken Arrow, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
Series 2026A loan and promissory note; specific maturity schedule not stated
Renewal Info
Long-term financing via Series 2026A loan; specific amortization schedule or maturity date not stated in the agenda.
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