IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION giving the affirmative assent of the County in accordance with Section 204.370 of the Revised Statutes of Missouri, on the question of whether the Little Blue Valley Sewer District should issue revenue bonds payable from revenues to be derived from the operation of its sewerage system in an amount not to exceed $86,000,000.00 for the purpose of acquiring, constructing, improving, extending, or rehabilitating the system.
Intro
RESOLUTION #13957, December 17, 2001
INTRODUCED BY Bill Petrie, County Legislator
Body
WHEREAS, the Little Blue Valley Sewer District operates a sewer system (the "System") pursuant to Section 204.250 et seq., RSMo, for the primary benefit of the customers within the District (the "Customers"); and,
WHEREAS, certain customers, including the County, have entered into sewer contracts with the District, providing, among other things, for the treatment by the District of sewage contributed to it by the Customers in consideration of a payment of a charge to the District by the Customers; and,
WHEREAS, the County has participated with other Customers in organized workshops and public meetings to review the proposed Facility Plan and various alternative financing sources; and,
WHEREAS, the District has determined that it is in the best interests of the District to finance the acquisition, construction, improvement, expansion, and rehabilitation of the System through the issuance of revenue bonds payable from the revenues to be derived from the operation of the System; and,
WHEREAS, in accordance with Section 204.370 of the Revised Statutes of Missouri, the District has submitted to the Customers, as defined in Section 204.370, the question of whether the District shall issue revenue bonds in one or more series payable from the revenues to be derived from the operation of the System in an amount not to exceed $86,000,000 for the purpose of the acquisition, construction, improvement, extension, or rehabilitation of the System; and,
WHEREAS, in accordance with Section 304.370, approval of the question requires the written assent of three-quarters of the Customers; and,
WHEREAS, the Legislature does hereby find and determine to give the County's affirmative assent to such question; now therefore,
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the County hereby gives its affirmative assent to the following question submitted by the District:
Shall the Little Blue Valley Sewer District issue its revenue bonds in one or more series, payable from the revenues to be derived from the operation of the System in an amount not to exceed $86,000,000 for the purpose of acquiring, constructing, improving, extending, or rehabilitating the System?
and,
BE IT FURTHER RESOLVED that the County Executive and any other officers of the County, and other officers, agents, consultants, or employees of the County are hereby authorized and directed to take such further action, and to execute such other documents, certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this Resolution.
Enacted and Approved
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
APPROVED AS TO FORM:
______________________________ ________________________________
County Counselor
Certificate of Passage
I hereby certify that the attached resolution, Resolution # 13957 of December 17, 2001, was duly passed on ___________January 7_______________, 2001 by the Jackson County Legislature. The votes thereon were as follows:
Yeas _________9__________ Nays ________0___________
Abstaining ______0_________ Absent _______0___________
______________________ _________________________________
Date Mary Jo Brogoto, Clerk of Legislature