If the public works authority were to take out a traditional loan for a capitol improvement, what do you think about the City pledging or allowing the pledge of stabilization/reserve funds as collateral for loan (where it fits within the purpose of the reserve funds per City ordinance)?
Teresa Nowlin | City Attorney
City of Jenks
211 North Elm | P.O Box 2007 | Jenks, OK 74037
918-299-5883 Office
If the public works authority were to take out a traditional loan for a capitol improvement, what do you think about the City pledging or allowing the pledge of stabilization/reserve funds as collateral for loan (where it fits within the purpose of the reserve funds per City ordinance)?
Teresa Nowlin | City Attorney
City of Jenks
211 North Elm | P.O Box 2007 | Jenks, OK 74037
918-299-5883 Office