Airport TEFRA Public Hearing - Series 2023 Bonds

Overview

Description

NOTICE OF PUBLIC HEARING
CONCERNING
THE ISSUANCE BY THE CITY OF ST. LOUIS, MISSOURI
OF ITS AIRPORT REVENUE BONDS

Notice is hereby given that on Thursday, December 15, 2022, at 3:00 p.m., The City of St. Louis, Missouri (the “City”) will conduct a public hearing regarding the proposed issuance by the City of one or more series of revenue bonds (the “Bonds”) in an aggregate principal amount not to exceed $150 million for the purpose of financing and reimbursing costs of an airport as such term is used in Section 142(a)(1) of the Internal Revenue Code of 1986, as amended (the “Code”) and, specifically, to finance and reimburse the costs of improvements to the St. Louis Lambert International Airport (the “Airport”).  The Airport is owned and operated by the City and located at 10701 Lambert International Boulevard, St. Louis, Missouri.  The Bonds will be limited obligations of the City, payable from the revenues derived by the City from the operation of the Airport and certain other pledged funds.  The Bonds will not be a debt of the City, the State of Missouri (the “State”), or any political subdivision thereof; and neither the City nor the State, or any political subdivision thereof, will be liable thereon, nor, in any event will the Bonds be payable out of any funds or properties other than those of the City pledged thereto.  The taxing power of the City is not pledged to the payment of the Bonds.

The hearing will be held at 1520 Market Street, Room 3005, St. Louis, Missouri, for the purpose of giving interested persons an opportunity to be heard on the proposed plan of financing.

The hearing will be open to the public.  All interested persons will be given an opportunity to express their views, both orally and through written statements which are submitted to the City on or before the hearing.  Those persons who desire to speak or have their written statements read during the hearing must provide a written request to the City at least 24 hours before the hearing.  Written requests and any associated written statements should be emailed to ambauman@flystl.com, or delivered to 10701 Lambert International Blvd., St. Louis, MO. 63145, Room MTN-2252, Attention Aeric Bauman, no later than 3:00 p.m. on Wednesday, December 14, 2022.

The City makes reasonable accommodations for any known disability that may interfere with a person’s ability to participate in public meetings.  Persons needing an accommodation must notify the City, by telephone or in writing, to Aeric Bauman at (314) 426-8058 or ambauman@flystl.com, no later than 5:00 p.m. on Friday, December 9, 2022 to allow adequate time to make needed arrangements.

For further information, contact Aeric Bauman at the City of St. Louis, Missouri, at (314) 426?8058.  This Notice is published pursuant to the requirements of Section 147(f) of the Code and Treasury Regulations Section 5f.103-2 and given in accordance with the provisions of Chapter 610 of the Missouri Revised Statutes, as amended.

Dated December 5, 2022.

THE CITY OF ST. LOUIS, MISSOURI

Contacts and Location