AGENDA AND NOTICE
PRAGUE CITY COUNCIL
WEDNESDAY, DECEMBER 30, 2020
THE PRAGUE CITY COUNCIL WILL MEET IN SPECIAL SESSION AT THE PRAGUE MUNICIPAL BUILDING AT 820 N JIM THORPE BLVD., PRAGUE, OKLAHOMA, ON WEDNESDAY, DECEMBER 30, 2020 AT 2:15 P.M. NOTICE GIVEN AND POSTED AT PRAGUE MUNICIPAL BUILDING ON MONDAY, DECEMBER 28, 2020.
- CALL TO ORDER AND ROLL CALL AND DECLARATION OF QUORUM
- INVOCATION & PLEDGE OF ALLEGIANCE
- CONSIDER AND TAKE ACTION WITH RESPECT TO A RESOLUTION OF THE CITY OF PRAGUE, OKLAHOMA (THE “CITY”) APPROVING THE PURCHASE OF THE PRAGUE COMMUNITY HOSPITAL FROM TRANCENDENTAL UNION OF LOVE WITH SPIRITUAL ADVANCEMENT, INC. BY THE PRAGUE HEALTHCARE AUTHORITY; APPROVING AND RATIFYING THE ASSET PURCHASE AGREEMENT, AND AUTHORIZING THE EXECUTION OF THE ASSET PURCHASE AGREEMENT; AUTHORIZING AND DIRECTING THE EXECUTION OF ALL DOCUMENTS RELATING TO THE TRANSACTION; AUTHORIZING AND CONTAINING OTHER PROVISIONS RELATING THERETO.
- CONSIDER AND TAKE ACTION WITH RESPECT TO A RESOLUTION OF THE CITY OF PRAGUE, OKLAHOMA APPROVING THE INCURRENCE OF INDEBTEDNESS BY THE PRAGUE HEALTHCARE AUTHORITY, APPROVING THAT CERTAIN LOAN AGREEMENT, PROMISSORY NOTE, AND OTHER ANCILLARY DOCUMENTS BETWEEN THE CITY OF PRAGUE AND THE PRAGUE HEALTHCARE AUTHORITY FOR AN AMOUNT NOT TO EXCEED THE AGGREGATE AMOUNT OF $1,600,000.00; PROVIDING THAT THE ORGANIZATIONAL DOCUMENT CREATING THE AUTHORITY IS SUBJECT TO THE PROVISIONS OF THE INDENTURE AUTHORIZING THE ISSUANCE OF THE NOTE; AND CONTAINING OTHER PROVISIONS RELATING THERETO.
- ADJOURN
THE ABOVE NOTICE POSTED AT PRAGUE MUNICIPAL BUILDING ON THE 28TH DAY OF DECEMBER, 2020