Norman Regional Hospital Authority Board

Special Business Meeting
November 4, 2024
6:00p.m.
Norman Regional Hospital
3300 HealthPlex Parkway
Board Room

AGENDA

1. Call to Order.................................................................................................... Mr. Cubberley

2. Line of Credit Approval..................................................................................... Mr. Wagner

Consideration and action upon a Resolution of the Norman Regional Hospital Authority to renew the Line of Credit note between the Authority and BancFirst not to exceed thirty-five million dollars ($35,000,000) to provide funds necessary to finance a portion of the cost of certain proposed projects and pay the professional fees and costs associated with the line of credit;

ACTION NEEDED: Approve or Disapprove Resolution to Renew the Line of Credit between Norman Regional Hospital Authority and BancFirst as Recommended by the Finance Committee

ACTION TAKEN: ____________________________________

3. Proposed Executive Session

1. Proposed Vote to Convene an Executive Session Pursuant to 25 O.S. Sec. 307.B.1 to hold a Privileged Attorney-Client Discussion with Legal Counsel Regarding the Terms and Conditions of Employment Agreements for both Co-CEOs, and the Terms and Conditions of the Co-CEO Job Descriptions to be Incorporated into the Employment Agreements.

ACTION NEEDED:..... Move to Convene into Executive Session to Discuss with Legal Counsel the Above Referenced Agreements and Job Descriptions

ACTION TAKEN:......... ____________________________________

B. Request to Adjourn Out of Any Such Executive Session and Return to Regular Session

ACTION NEEDED: Approve or Disapprove Adjournment of Executive Session and Return to Regular Session

ACTION TAKEN: ____________________________________

3. Proposed Vote to Approve or Disapprove the Employment Agreements and the Job Descriptions Incorporated into the Employment Agreements for both CEO’s.

ACTION NEEDED: Approve or Disapprove the Employment Agreements and the Job Descriptions Incorporated therein for both Co-CEOs

ACTION TAKEN: ____________________________________

4. Adjourn

ACTION NEEDED: Motion to Adjourn the Meeting

ACTION TAKEN: ______________________________________

Mission:

To serve our community as the leader in health and wellness care.

Vision:

To be the provider of choice to improve the health and well-being of our regional communities.