Board Bill Number 12 In Session 2017-2018
Tax and Revenue Anticipation Notes (TRANS)
Summary
BOARD BILL NO. 12 INTRODUCED BY: Alderman Stephen Conway and President Lewis Reed An Ordinance to provide for the borrowing of funds in anticipation of the collection of tax payments levied by The City of St. Louis, Missouri (the "City") for deposit in its General Revenue Fund for the calendar year ending December 31, 2017, and remaining uncollected and other revenues remaining to be collected and deposited in the General Revenue Fund for fiscal year ending June 30, 2018, all such revenues for the General Revenue Fund in the Treasury of the City, through the issuance by the City of its Tax and Revenue Anticipation Notes, and the acquiring of credit enhancement, if necessary, in order to lower the cost of such borrowing; prescribing the form and details of such Notes; authorizing and approving certain documents and other actions; and containing an emergency clause.
Download
- Introduced (150.27 KB PDF)
Overview
Session: 2017-2018
Primary Sponsors: Stephen Conway
Ordinance: 70545 effective 06/06/2017
Committee: Ways and Means
Co-Sponsors:
President Lewis E Reed
Legislative History
Legislative activities for this board bill. Learn more about what these activities mean.
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05/05/2017
First Reading
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05/19/2017
Second Reading
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05/25/2017
Perfection
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06/02/2017
Third Reading
Votes
06/02/2017 Vote Results
Ordinance
Ordinance Number: 70545
Effective Date: 06/06/2017
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