IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE authorizing and directing the issuance, sale, and delivery of not to exceed $360,000,000 principal amount of Special Obligation Refunding Bonds (Harry S. Truman Sports Complex Project) Series 2014, of Jackson County, Missouri, and authorizing certain other documents and actions in connection therewith.
Intro
ORDINANCE NO. 4676, October 13, 2014
INTRODUCED BY Scott Burnett, Teresa Garza Ruiz, Crystal Williams, Fred Arbanas, Kenneth T. Bacchus, Dennis Waits, Dan Tarwater III, Greg Grounds, and Bob Spence, County Legislators
Body
WHEREAS, Jackson County, Missouri (the "County") operates pursuant to its county charter (the "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 refinance 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 capital improvements and to provide that the principal of and interest on such special obligations bonds shall be payable solely from the revenues derived from annual appropriations by the County Legislature and other sources as provided herein; and,
WHEREAS, it is hereby found and determined that it is necessary and advisable and in the best interest on the County and of its inhabitants that special obligation bonds be issued and secured in the form and manner as hereinafter provided to provide funds for such purpose; and,
WHEREAS, the Legislature finds and determines that it is necessary and desirable to issue the County's Special Obligation Refunding Bonds (Harry S. Truman Sports Complex Project) Series 2014, in the aggregate principal amount of not to exceed $3...
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