IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE authorizing the issuance of not to exceed $170,000,000.00 principal amount of special obligation bonds for University Health and authorizing certain other documents and actions in connection therewith.
Intro
ORDINANCE NO. 6135, September 14, 2026
INTRODUCED BY Donna Peyton, 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 the costs of certain capital improvements described on Exhibit C to this Ordinance (the “Project”); and,
WHEREAS, the County is authorized under the provisions of the Constitution of Missouri and its Charter to issue and sell special obligation bonds and desires to issue its Special Obligation Bonds (Truman Medical Center d/b/a University Health Project), Series 2026A (the “Bonds”) for the purposes of providing funds, together with other available funds, to finance the Project and to pay costs of issuing the Bonds and capitalized interest; 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 the Bonds be issued and secured in the form and manner as hereinafter provided to provide funds for such purposes and to provide that the principal of and interest on such special obligations bonds shall be payable solely from amounts appropriated on an annual basis by the County Legislature; 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 Bonds (Truman Medical Center d/b/a University Health Project), Series 2026A of the Coun...
Click here for full text