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Oklahoma joins Texas, Arkansas and Louisiana in allowing utilities to float securitized bonds to recover spending on fuel price spikes during Winter Storm Uri. ....
Council questions resulted in no action on water issues mcalesternews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mcalesternews.com Daily Mail and Mail on Sunday newspapers.
breaking topical featured By James Beaty Managing Editor May 11, 2021 McAlester water tower ADRIAN O HANLON III | Staff photo McAlester city councilors did not pass a measure Tuesday night calling for a special city election on $32.5 million for water infrastructure improvements. The resolution calls for a July 13 special election for voters to cast ballots to determine whether to allow the McAlester Public Works Authority to go into debt for $32.5 million to address water infrastructure issues in McAlester. McAlesterâs City Charter requires a vote of the people to approve any expenditures by a municipal beneficiary trust costing more than $1 million. The MPWA is operated by members of the McAlester City Council acting as authority members. ....
McAlester city councilors should let voters decide on a $32.5 million bond for water infrastructure. An item on Tuesdayâs meeting agenda called for discussion and possible action to call a special election to allow the McAlester Public Works Authority to go into debt to address the cityâs water infrastructure needs. Councilors pulled the item after the cityâs financial advisor was unable to attend the meeting â so the item moved to the May 11 meeting. When it comes up again, council members will consider a resolution calling for a special election on July 13 for McAlester voters to decide if they want to allow the MPWA to go into debt for $32.5 million to address water infrastructure issues. ....