oklahoma_city_water_utilities_trust_meeting_minute.pdf
Escrow Account for MCA Project Authorized at Ameristate Bank
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Description
The Oklahoma City Water Utilities Trust concurred with the McGee Creek Authority to establish an escrow account at Ameristate Bank for the MCA Residence Replacement Project, with up to $400,000 to be deposited and fees to be negotiated. The resolution designates authorized agents and signatories for managing the account and issuing checks.
Contract Details
Contract Amount
not more than $400,000 to the new account; fee to be negotiated
Vendor
AMERISTATE BANK
Agency
City of Oklahoma, OK
Contract Type
FINANCIAL_SERVICES
Document Date
December 2, 2025
Renewal Info
Resolution authorizes creation of a project-specific escrow account and negotiation of fees; no explicit contract term or renewal provisions are provided in the minutes.
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