Bond Projects - Public Safety

Project Type:
Capital Project
Project Status: 
Approved

Voter Approved Quality of Life Projects

 

On August 28, 2018 Midwest City voters approved four propositions to meet important needs in different categories of essential city services: streets, water, parks and recreation and public safety. (For more information on each of the four propositions, click on the tabs below.)

Voter approval of the propositions authorized the City to issue General Obligation Bonds in the amount approved for all of the projects within each proposition.

COUNCIL APPROVES SCHEDULE FOR BOND ISSUANCE

At the October 9, 2018 Council meeting, the City Council approved the schedule for the three phases for bond issuance as well as the project prioritization for the three phases.

COUNCIL AWARDS PHASE ONE, TWO and Three OF BOND ISSUANCES
  1. On February 12, 2019 the City Council voted to award the sale of $20 million in General Obligation Bonds to BOK Financial Securities, the lowest bidder with a 25-year interest rate of 3.17333% based on the City's excellent bond rating of AA-. Funds from the sale of the bonds will be available April 1. This is the first phase of the bond issuance schedule. 
  2. On May 14, 2019 the City Council approved the sale of $17.25 million in General Obligation Bonds to D.A. Davidson, the lowest bidder with a 25-year interest rate of 2.78111% based on the City's excellent bond rating of AA-. Funds from the sale of the bonds became available June 27, 2019. This is the second phase of the bond issuance schedule. 
  3. Phase III of the bonds was issued on June 1, 2020. The lowest bidder was BOK Financial Securities with a 25-year interest rate of 2.316150%.
Additional Information

Updates (Click on GO Bond Projects)

 

Proposition #4 included 11 projects:

  • Build new Animal Welfare Center - Phase I 
  • Build Police/Fire training facility - Phase III
  • Add two new Fire trucks - Phase I (Fire Truck Engine) and Phase II (Fire Truck Ladder)
  • Build Fire tactical training building - Phase III
  • Replace Fire self-contained breathing apparatus equipment - Phase I 
    • Contracts for the self-contained breathing apparatus, air compressor fill stations, and integrated carbon monoxide detectors were awarded by City Council on May 14, 2019.
  • Replace Fire hoses, nozzles, mobile air, and command vehicle - Phase I
  • Remodel Fire Station 1 - Phase III
  • Add fire Fire Station exhaust removal systems - Phase I
  • Replace Police and Fire radio replacement, and add another tower site - Phase I
  • Replace tornado sirens - Phase I 
    • The ten outdoor warning sirens were replaced in April/May 2019)
  • Improve and update the 9-1-1 Call Center - Phase I

We will be investing $10,490,000 in equipment, training facilities, and technology to help us provide quick response to calls for assistance. A new Animal Services Center is going to enable us to provide humane care for the animals and increase adoptions at the City's shelter.

Questions?

If you have questions about any of the projects, you can contact the City Manager's office at 739-1204 or 739-1202.  

Files:
PDF icon 2018 Bond Presentation (7 MB)
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