File #: 2618    Version: 0 Name: Leasehold Revenue Bonds.
Type: Ordinance Status: Passed
File created: 12/9/1996 In control: Clerk of the County Legislature
On agenda: Final action: 12/9/1996
Title: AN ORDINANCE approving the issuance of not to exceed $10,000,000 principal amount of Jackson County, Missouri, Public Building Corporation Leasehold Revenue Bonds (Jackson County, Missouri, Capital Improvement Project) Series 1996; authorizing and approving certain documents in connection with the issuance of said bonds; and authorizing certain other actions in connection with the issuance of said bonds.
Sponsors: Victor E. Callahan
Indexes: CAPITAL IMPROVEMENT PROJECT, LEASEHOLD REVENUE BOND
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title

AN ORDINANCE approving the issuance of not to exceed $10,000,000 principal amount of Jackson County, Missouri, Public Building Corporation Leasehold Revenue Bonds (Jackson County, Missouri, Capital Improvement Project) Series 1996; authorizing and approving certain documents in connection with the issuance of said bonds; and authorizing certain other actions in connection with the issuance of said bonds.
Intro
ORDINANCE #2618, December 9, 1996

INTRODUCED BY Victor E. Callahan, County Legislator
Body
WHEREAS, Jackson County, Missouri (the "County"), is authorized pursuant to the County's 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 legislature may provide; and,

WHEREAS, the Jackson County, Missouri, Public Building Corporation (the "Issuer"), is a nonprofit corporation to be organized under the Missouri Nonprofit Corporation Act, Chapter 355 of the Revised Statutes of Missouri, as amended, for the purpose of benefiting and carrying out the purposes of the County, by providing for the acquisition, construction, improvement, extension, repair, remodeling, renovation and financing of public sites, buildings, facilities, furnishings and equipment for the use of the County; and,

WHEREAS, the County Legislature of the County finds and determines that it is necessary and desirable for the County to lease to the Issuer certain real estate located within the geographic limits of the County (the "Project Site"); and,

WHEREAS, the County Legislature of the County further finds and determines that it is necessary and desirable that the County authorize the Issuer to (i) issue its Jac...

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