City of Broken Arrow Municipal Authority Meeting Agenda Packet May 2026
Authority Considers $27.93 Million OWRB Loan Resolution
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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, secured by a Series 2026A promissory note. The resolution would approve related trust, loan, security, lease, and sales tax agreements, along with professional services and payment of financing costs.
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
Renewal Info
New borrowing under a Series 2026A promissory note structure; repayment schedule and maturity will be defined in the loan and note documents.
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