IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE authorizing the selection of an underwriter related to the Jackson County, Missouri Leasehold Refunding Revenue bonds (Truman Sports Complex/County Parks Projects), Series 2009; and authorizing certain other actions in connection with the issuance of said bonds.
Intro
ORDINANCE #4119, July 13, 2009
INTRODUCED BY Dennis Waits, County Legislators
Body
WHEREAS, Jackson County, Missouri (the County) is authorized pursuant to the Jackson County, Missouri, Constitutional Home Rule Charter (the Charter) to contract and cooperate with any private person, firm, association, corporation or foundation for the planning, development, construction, acquisition, or operation of any public improvement or facility and to rent or lease County properties upon such terms and conditions and for such periods of time as the County legislature may provide; and,
WHEREAS, the Jackson County Sports Complex Authority (the Authority) is a body corporate and politic duly organized and existing under the County Sports Complex Authority Act, Sections 64.920 to 64.950 RSMo., as amended, for the purpose of benefitting and carrying out the purposes of the County by constructing, operating and maintaining certain sports recreation facilities; and,
WHEREAS, the County has issued its Jackson County, Missouri Leasehold Revenue Bonds (Truman Sports Complex/County Parks Projects) Series 1998 in the original principal amount of $40,170,000 (the Series 1998 Bonds) under a Trust Indenture dated as of October 1, 1998 (the Original Indenture), among the County, the Authority and Commerce Bank, N.A. (the Trustee), for the purpose of financing the costs of acquiring, constructing, reconstructing, renovating, furnishing, and equipping improvements for the Harry S. Truman Sports Complex and improvements for certain parks projects for the County; and,
WHEREAS, it is necessary and desirable to issue Additional Bonds as ...
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