IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION assenting to the issuance of revenue bonds payable from revenues to be derived from the operation of the Little Blue Valley Sewer System in an amount not to exceed $20,000,000.00 for the purpose of financing the Phase III Improvements Program for the wastewater collection and treatment system, including the provision of Advanced Air Emissions Controls for the Atherton Wastewater Treatment Facilities in accordance with section 204.370, RSMo.
Intro
RESOLUTION NO. 19227, August 1, 2016
INTRODUCED BY Tony Miller, County Legislator
Body
WHEREAS, the Little Blue Valley Sewer District (the “District”) operates a sewer system (the “System”) pursuant to sections 204.250 et seq., RSMo, for the primary benefit of the customers within the District; and,
WHEREAS, the District has undertaken a review of the existing operation of the sewer system and has approved a plan for the improvement, extension, and rehabilitation of the system, including the provision of Advanced Air Emissions Controls for the Atherton Wastewater Treatment Facilities (the “Phase III Improvements”) with an estimated project costs of $20,000,000.00; and,
WHEREAS, the District has determined that it is in the best interests of the District to finance the Phase III Improvements through the issuance of revenue bonds payable from the revenues to be derived from the operation of the System; and,
WHEREAS, pursuant to section 204.370, RSMo, the District has submitted to its customers, as defined therein, the question of whether the District shall issue revenue bonds in one or more series payable from the revenues to be derived from the operation of the System in the amount not to exceed $20,000,000.00, for the purpose of the Phase III Improvements; now therefore,
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, as follows:
Section 1. The County Executive and the Clerk of the Legislature are authorized to give the written affirmative assent to the following question submitted by the Little Blue Valley Sewer District:
Shall the Little Blue Valley Sewer District issue its revenue bonds in one or more series, payable from the revenues to be derived from the operation of the System in an amount not to exceed $20,000,000.00 for the purpose of improving, extending or rehabilitating the Little Blue Valley Sewer District System including, but no limited to, advanced air emissions controls for the Atherton Wastewater Treatment Facilities?
Section 2. In accordance with section 204.370, RSMo, approval of the proposition shall require the written assent of three-quarters of the District’s customers.
Section 3. The County Executive and the Clerk of the Legislature, officers, agents, consultants or employees of Jackson County, Missouri, are hereby authorized to take such further action, and to execute such other documents, certificates, and instruments as may be necessary or desirable to carry out and comply with the intent of this Resolution.
Enacted and Approved
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
APPROVED AS TO FORM:
____________________________ ______________________________
Chief Deputy County Counselor County Counselor
Certificate of Passage
I hereby certify that the attached resolution, Resolution No. 19227 of August 1, 2016, was duly passed on August 1, 2016 by the Jackson County Legislature. The votes thereon were as follows:
Yeas _______9________ Nays ______0________
Abstaining _____0______ Absent _____0_______
________________________ ___________________________
Date Mary Jo Spino, Clerk of Legislature