Jackson County Missouri - File #: 3275

• File #: 3275
• Version: 0
• Name: Revenue Bonds - Sports Complex/Parks Project Addition.
• Type: Ordinance
• Status: Passed
• File created: 8/5/2002
• In control: Finance and Audit Committee
• On agenda: 8/5/2002
• Final action: 8/26/2002
• Title: AN ORDINANCE authorizing the issuance of $10,000,000.00 principal amount of Jackson County, Missouri Leasehold Revenue Bonds (Truman Sports Complex/County Parks Project Addition) Series 2002, of Jackson County, Missouri, and authorizing and approving certain documents and actions in connection with the issuance of said bonds.
• Sponsors: Victor E. Callahan
• Indexes: LEASEHOLD REVENUE, TRUMAN SPORTS COMPLEX/COUNTY PARKS PROJECT

Date	Ver.	Action By	Action	Result
8/26/2002	0	Finance and Audit Committee
8/26/2002	0	County Legislature	Consent Agenda
8/26/2002	0	County Legislature	perfect	Pass
8/26/2002	0	County Legislature	suspend the rules to consider final passage	Pass
8/26/2002	0	County Legislature	adopt	Pass
8/20/2002	0	County Legislature	Go To 3rd Perfection	Pass
8/19/2002	0	Finance and Audit Committee
8/13/2002	0	County Legislature	Go To 2nd Perfection	Pass
8/12/2002	0	Finance and Audit Committee
8/6/2002	0	County Legislature	Go To 1st Perfection	Pass
8/5/2002	0	County Legislature	assign to committee

Title
AN ORDINANCE authorizing the issuance of $10,000,000.00 principal amount of Jackson County, Missouri Leasehold Revenue Bonds (Truman Sports Complex/County Parks Project Addition) Series 2002, of Jackson County, Missouri, and authorizing and approving certain documents and actions in connection with the issuance of said bonds.


Intro
ORDINANCE # 3275, August 5, 2002

INTRODUCED BY Victor E. Callahan, County Legislator



Body
WHEREAS, Jackson County, Missouri, a political subdivision of the State of Missouri (the "County") pursuant to its Constitutional Home Rule Charter (the "Charter") and Section 64.320 and 67.755, Revised Statutes of Missouri, as amended (the "Act") is authorized to issue its revenue bonds to finance the costs of the maintenance, operation, and improvement of the Harry S. Truman Sports Complex and other county parks and recreation purposes; and,

WHEREAS, the County owns certain parks and recreational facilities, including the Lake Jacomo Park (located within Fleming Park) and the Harry S. Truman Sports Complex; and,

WHEREAS, the Jackson County Sports Complex Authority (the "Authority") manages and operates certain facilities on behalf of the County for the benefit of the inhabitants of the County and others within the service area of the facilities pursuant to an Agency Agreement between the County and the Authority; and,

WHEREAS, the County has issued its $40,170,000 Leasehold Revenue Bonds (Truman Sports Complex/County Parks Projects), Series 1998 (the "Series 1998 Bonds"), pursuant to a Trust Indenture dated as of October 1, 1998 (the "Original Indenture"), among the County, the Authority and Commerce Bank, N.A., as trustee (the "Trustee"); and,

WHEREAS, pursuant to its home rule powers in its Charter, the County (i) entered into a Park Site Lease dated as of October 1, 1998 (the "Original Park Site Lease") between the County and the Authority, pursuant to which the County leased the site of Lake J...