File #: 2641    Version: 0 Name: Public Bldg Corporation Revenue Bonds
Type: Ordinance Status: Passed
File created: 3/3/1997 In control: Finance and Audit Committee
On agenda: Final action: 3/10/1997
Title: AN ORDINANCE approving the issuance of not to exceed $7,900,000 principal amount of Jackson County, Missouri, Public Building Corporation Leasehold Revenue Bonds (Jackson County, Missouri, Capital Improvements Project) Series 1997; 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 $7,900,000 principal amount of Jackson County, Missouri, Public Building Corporation Leasehold Revenue Bonds (Jackson County, Missouri, Capital Improvements Project) Series 1997; 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 2641, March 3, 1997

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, pursuant to its home rule powers in its Charter, the County Legislature adopted an ordinance (the "Ordinance") authorizing the County to (i) enter into a Site Lease (the "Original Site Lease," and with all amendments and supplements thereto, including the First Supplemental Site Lease being the Site Lease ) between the Issuer and the County pursuant to which the County leased to the Issuer certa...

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