News
November 8, 2024
OPS board approves amended agreement with Patrons Bank
The Okmulgee Public School Board of Education held a special meeting on Wednesday, approving an amended agreement with Patrons Bank, which includes a $1,000 origination fee. The agreement serves as a backup funding option to bridge financial gaps if regular funds do not arrive on schedule. While the board noted that the funds might not be necessary, members agreed the fee was a worthwhile safeguard. All borrowed funds will be repaid by June 30, 2025.