IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE authorizing the issuance of $40,170,000 principal amount of Jackson County, Missouri Leasehold Revenue Bonds (Truman Sports Complex/County Parks Projects) Series 1998, of Jackson County, Missouri, and authorizing and approving certain documents and actions in connection with the issuance of said bonds.
Intro
ORDINANCE # 2858, October 5, 1998
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 Sections 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, pursuant to the Act, the County hereby deems and determines it necessary, desirable and in the public interest to issue its Leasehold Revenue Bonds, (Truman Sports Complex/County Parks Projects) Series 1998 in the principal amount of $40,170,000 (the "Series 1998 Bonds") for the purpose of funding the costs of acquiring, constructing, reconstructing, renovating, furnishing and equipping certain improvements on certain real estate used as a park including renovation and replacement of shelter houses (the "Park Project") and improvements for th...
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