Jackson County Missouri - File #: 4508

• File #: 4508
• Version: 1
• Name: special obligation refunding and improvement bonds, series 2013
• Type: Ordinance
• Status: Passed
• File created: 2/25/2013
• In control: Finance and Audit Committee
• On agenda: 2/25/2013
• Final action: 3/4/2013
• Title: AN ORDINANCE authorizing and directing the issuance, sale, and delivery of not to exceed $40,000,000 principal amount of Special Obligation Refunding and Improvement Bonds, Series 2013, of Jackson County, Missouri, and authorizing certain other documents and actions in connection therewith.
• Sponsors: Scott Burnett
• Indexes: IMPROVEMENT REVENEW BONDS, SPECIAL OBLIGATION BONDS

Date	Ver.	Action By	Action	Result
3/4/2013	0	Finance and Audit Committee
3/4/2013	1	County Legislature	Consent Agenda
3/4/2013	1	County Legislature	amend
3/4/2013	1	County Legislature	suspend the rules to consider final passage	Pass
3/4/2013	1	County Legislature	perfect	Pass
3/4/2013	1	County Legislature	Consent Agenda	Pass
3/4/2013	1	County Legislature	adopt	Pass
3/1/2013	0	County Legislature	Go To 1st Perfection	Pass
2/25/2013	0	County Legislature	assign to committee

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE authorizing and directing the issuance, sale, and delivery of not to exceed $40,000,000 principal amount of Special Obligation Refunding and Improvement Bonds, Series 2013, of Jackson County, Missouri, and authorizing certain other documents and actions in connection therewith.

Intro
ORDINANCE NO. 4508, February 25, 2013

INTRODUCED BY Scott Burnett, County Legislator


Body
WHEREAS, Jackson County, Missouri (the "County"), operates pursuant to a County Charter, and is a political subdivision of the State of Missouri, duly created, organized, and existing under and by virtue of the Constitution and laws of the State of Missouri; and

WHEREAS, the County desires to finance and refinance the costs of certain capital improvements and is authorized under the provisions of the Constitution of Missouri and its Charter to issue and sell special obligation bonds for the purpose of providing funds to finance and refinance the costs of certain capital improvements and to provide that the principal of and interest on such special obligations bonds shall be payable solely from the revenues derived from annual appropriations by the Legislature; and

WHEREAS, it is hereby found and determined that it is necessary and advisable and in the best interest of the County and of its inhabitants that special obligation bonds be issued and secured in the form and manner as hereinafter provided to provide funds for such purpose; now therefore

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, as follows:

Section 1. Authorization of Bonds. There shall be issued and hereby are authorized and directed to be issued the Special Obligation Refunding and Improvement Bonds, Series 2013 of the County in the aggregate principal amount of not to exceed $40,000,000 (the "Bonds"). The Bonds shall be issued for the purpose of (a) refunding the Jackson County, Missouri Public Building Corporation Le...