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Board approves hiring BOK Financial and moves ahead on 2025 general obligation bond sales

2124282 · January 13, 2025
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Summary

The Lawton Public Schools Board approved a professional services agreement with BOK Financial Securities Inc. to advise on the sale of 2025 general obligation bonds and approved related actions for Series 2025A and 2025B; specific vote tallies were not specified in the transcript.

The Lawton Public Schools Board on Jan. 31 approved a professional services agreement with BOK Financial Securities Inc. to serve as financial advisor for the district’s planned sale of its 2025 general obligation bonds, and the board approved procedural steps to issue Series 2025A and Series 2025B bonds.

The board considered and approved a resolution (motion language presented during the meeting) to: hire BOK Financial Securities Inc. as financial advisor; designate a registrar and paying agent for the 2025A bonds; approve and distribute the preliminary official statement for the 2025A bonds; authorize the clerk to give notice of sale as required by law; and approve other matters related to issuance. A subsequent item covered substantially identical actions for the Series 2025B bonds (maturity scheduling, designation of a registrar/paying agent, preliminary official statement and notice of sale).

The meeting transcript records motions and calls for roll but does not include named movers or an explicit roll-call tally in a single contiguous list; the clerk called roll during each approval and the items were presented and approved during the meeting. The transcript does not specify exact vote tallies or the names of makers/seconders for the motions. The meeting record provided no additional policy or statutory citations beyond references to legally required notice of sale procedures.