File #: 3789    Version: Name: Special Obligation Bonds
Type: Ordinance Status: Passed
File created: 7/10/2006 In control: Legislature As A Whole
On agenda: 7/10/2006 Final action: 7/17/2006
Title: AN ORDINANCE approving the issuance of not to exceed $450,000,000 principal amount of Jackson County, Missouri, Special Obligation Bonds (Harry S. Truman Sports Complex Project) Series 2006, authorizing and approving certain documents in connection with the issuance of said bonds, authorizing the obtaining of bond insurance and a debt service reserve surety bond for the Series 2006 Bonds, and authorizing certain other actions in connection with the issuance of said bonds.
Sponsors: Henry C. Rizzo
Indexes: Harry S Truman Sports Complex, INSURANCE, SPECIAL OBLIGATION BONDS
Attachments: 1. 3789adopted.pdf
Related files: 16035, 4676, 18629

Floor Substitute
July 17, 2006

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
AN ORDINANCE approving the issuance of not to exceed $450,000,000 principal amount of Jackson County, Missouri, Special Obligation Bonds (Harry S. Truman Sports Complex Project) Series 2006, authorizing and approving certain documents in connection with the issuance of said bonds, authorizing the obtaining of bond insurance and a debt service reserve surety bond for the Series 2006 Bonds, and authorizing certain other actions in connection with the issuance of said bonds.

Intro
ORDINANCE # 3789, July 10, 2006

INTRODUCED BY Henry C. Rizzo, County Legislator


Body
WHEREAS, Jackson County, Missouri (the "County") operates pursuant to its county charter (the "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 make certain capital improvements and is authorized under the provisions of the Constitution of Missouri and its County Charter to issue and sell special obligation bonds for the purpose of providing funds for 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 other sources as provided herein; and,

WHEREAS, it is hereby found and determined that it is necessary and advisable and in the best interest on 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; and,

WHEREAS, the Legislature finds and determines that it is necessary and desirable to issue its Special Obligation Bonds (Harry S. Truman Sports Complex Project) Series 2006, in the aggregate principal am...

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