IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE authorizing the issuance of not to exceed $39,500,000.00 principal amount of Jackson County, Missouri special obligation refunding and improvement bonds (Truman Sports Complex/Truman Medical Center Projects), Series 2011, and authorizing certain other actions in connection with the issuance of said bonds.
Intro
ORDINANCE #4295, February 22, 2011
INTRODUCED BY James D. Tindall and Dan Tarwater, County Legislators
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 currently desires to finance the costs of certain capital improvements and is authorized under the provisions of the Constitution of Missouri and its County Charter to issue and sell special obligation bonds for the purpose of providing funds to finance and refinance the costs of certain capital improvements and to provide that principal of and interest on such special obligations bonds shall be payable solely from the revenues derived from annual appropriations by the Legislature; 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 special obligation refunding bonds (the "Series 2011 Bonds") be issued for such purpose; and,
WHEREAS, the Legislature further finds and determines that it is necessary and desirable in connection with the issuance of the Series 2011 Bonds that the County take certain other actions and approve the execution of certain other documents as herein provided; now therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri as follows:
Section 1. Authorization of Bonds. The County is hereby authorized to issue and sell the Special Obligation Refun...
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