The Woodward News

Local News

March 5, 2013

County discusses financing issues

Woodward, Okla. — A discussion was held during the Commissioners meeting on Monday regarding the financing of the upcoming Woodward County Fairgrounds Improvement Project.

Representatives from the county's financial advisor, underwriter, and bond counsel were present to discuss financing and answer any questions attendees might have.

One of the main concerns raised by District 1 Commissioner Tommy Roedell was the assignment of the trustees for the project's bond. Roedell was concerned that making the commissioners trustees would inhibit their ability to discuss it, since if 2 of the commissioners did so, it would technically qualify as a meeting.

Roedell suggested that instead of making commissioners the trustees, the Woodward County Public Facility Trust Authority be made the trustees, as the authority had been during the construction of the new county jail. No action was taken however, as the project financing item was only intended for discussion.

Another question, concerning early payment on the bond, was broached by County Clerk Charolett Waggoner. Jeff Raley with Floyd Law Firm assured commissioners that there would be no pre-payment penalty, and that there were stipulations included providing that any additional funds raised by the sales tax be used to pay off the debt early.

In other monetary matters, the financing documentation from the Stock Exchange Bank for the Woodward County Fire Department for a VT Hackney Rescue truck was tabled as delivery of the truck had been impeded by the recent blizzard.  Commissioners were unsure of when the truck could now be delivered, so the item was tabled until they are notified of the truck's delivery.

Bids for a project overlaying county road NS-203 from EW-51 to EW-48 and from EW-43 to EW-42 were delayed.

District 2 Commissioner Randy Johnson explained, "The bids were submitted as a lump sum and they needed to be broken down to make sure we got the best deal."

The project would cover the first mile of 8th Street south of Hanks Trail, then 3 miles north from the Sharon-Shattuck road. The opening of new bids has been scheduled for the county board meeting on March 25.

The county commissioners did take action on one item Monday as they approved an Oklahoma Office of Homeland Security Grant for Medical Reserve Corps equipment for the county health department.

Waggoner said that the grant money will go toward purchasing such equipment as radios, go-bag emergency backpacks, as well as tables and folding chairs among other things.

Before Monday's meeting ended, county commissioners took a moment to issue a thank you to everyone involved in the efforts to clear county roads last week following the Feb. 25 blizzard. The commissioners said they were very grateful for everyone who got out and helped to make the roads passable.

Text Only
Local News
  • Enrollment dates set for schools

    With school quickly approaching, it is time to get your enrollment information in and Woodward Public Schools have set their enrollment and other key dates.

    July 30, 2014

  • Marijuana petition attracting signatures

    OKLAHOMA CITY — Medical marijuana may be the state’s newest gateway drug — to voting.

    July 30, 2014

  • Glow run scheduled in Alva

    ALVA--A popular new trend in running is coming to Woods County.

    July 30, 2014

  • Boy, 7, drowns in weekend accident

    A seven-year-old boy died over the weekend when he fell into a swimming pool at a private residence in the Wheatridge addition, according to Woodward police reports.

    July 29, 2014

  • Commission OKs grader financing

    Monday morning in their weekly meeting, Woodward County Commissioners approved the financing on a new John Deere motor grader and discussed in detail the upcoming County Officers and Deputies Association meeting the county will host this October.

    July 29, 2014

  • Deal reached to improve veterans' health care

    WASHINGTON (AP) — A bipartisan deal announced Monday would authorize about $17 billion to help veterans avoid long waits for health care, hire more doctors and nurses to treat veterans and make it easier to fire executives at the Department of Veterans Affairs.

    July 29, 2014

  • Western Plains sets school supplies drive

     As the beginning of the school year approaches, so does the need for new school supplies.

    July 29, 2014

  • Area woman recovering from West Nile

    It wasn’t too many years ago when West Nile Virus was a scary word everyone hoped never happened to them and most of the time, that was true.

    July 27, 2014

  • Dedication set for art pieces

    Woodward’s collection of public art pieces will grow by two this week.

    July 27, 2014

  • ‘Support YOUR Cause Tour’ making stop in Woodward

    A musician is looking to raise $5,000 at an upcoming local concert.
    But Scott Helmer isn't raising the money for himself.  He is hoping to collect money to help support the Woodward Arts Theatre.

    July 26, 2014