IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE authorizing the renewal of the Leasehold Revenue Bond Financing Agreement (Truman Sports Complex/County Parks Project) between Jackson County, Missouri, and the Jackson County Sports Complex Authority, and irrevocably budgeting, appropriating and setting aside County funds in an amount sufficient to pay the anticipated rental payment and additional payments that will become due during the forthcoming renewal term.
Intro
ORDINANCE 2893, February 8, 1999
INTRODUCED BY Ronald E. Finley, County Legislator
Body
WHEREAS, Section 3.3 of the Leasehold Revenue Bond Financing Agreement (Truman Sports Complex/County Parks Project) between Jackson County and the Jackson County Sports Complex Authority require the Jackson County Legislature to annually adopt an Ordinance setting forth:
1) the renewal of the Agreement for an additional one-year term; and,
2) an assurance that funding for the rental payments and other additional payments has been encumbered in the County's annual budget; therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the financing agreement between Jackson County and the Jackson County Sports Complex Authority is hereby renewed for an additional one-year term; and,
BE IT FURTHER ORDAINED that County funds have been irrevocably budgeted, appropriated, and set aside in an amount sufficient to pay the anticipated rental payments and additional payments to become due during the forthcoming renewal year...Attorney
Effective Date: This Ordinance shall be effective immediately upon its signature by the County Executive.
APPROVED AS TO FORM:
_______________________________ _________________________________
County Counselor
I hereby certify that the attached Ordinance, Ordinance #2893 of February 8, 1999 was duly passed on _________February 22______________, 1999 by the Jacks...
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