Board Bill Number 284 In Session 2016-2017
Cortex TIF 4th Supplemental Indenture
BOARD BILL #284 INTRODUCED BY ALDERMAN JOSEPH RODDY An ordinance recommended by the Board of Estimate and Apportionment authorizing and directing the issuance and delivery of one or more series of tax increment revenue notes (St. Louis Innovation District/RPA 5 Project) Series A and Series B (collectively, the "RPA 5 Notes") in an aggregate principal amount not to exceed $12,200,000, plus costs of issuance, for certain Reimbursable Redevelopment Project Costs associated with Redevelopment Project Area 5 of the St. Louis Innovation District Redevelopment Area in accordance with the terms of the Redevelopment Agreement; authorizing and directing the Mayor and the Comptroller to execute and deliver the Fourth Supplemental Trust Indenture in connection with the issuance of RPA 5 Notes; designating the trustee for such notes; authorizing and directing the taking of other actions and approval and execution of other documents as necessary or desirable to carry out and comply with the intent hereof; superseding provisions of prior ordinances of the City to the extent inconsistent with the terms hereof; and containing a severability clause.
- Introduced (132.30 KB PDF)
Primary Sponsors: Joseph D Roddy
Ordinance: 70530 effective 04/02/2017
Committee: Housing, Urban Development and Zoning
Legislative activities for this board bill. Learn more about what these activities mean.
02/10/2017 Vote Results
Ordinance Number: 70530
Effective Date: 04/02/2017
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