Board Bill No. 41 | Session 2018-2019

An Ordinance to provide for the borrowing of funds in anticipation of the collection of tax payments levied by for deposit in its General Revenue Fund for the calendar year ending December 31, 2018,

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 for deposit in its General Revenue Fund for the calendar year ending December 31, 2018, and remaining uncollected and other revenues remaining to be collected and deposited in the General Revenue Fund for fiscal year ending June 30, 2019, all such revenues for the General Revenue Fund in the Treasury of The City of St. Louis, Missouri, through the issuance by The City of St. Louis, Missouri 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.

Legislative History

Overview

Session:2018-2019
Sponsor: Frank Williamson
Co-Sponsors:
Committee: Ways and Means
Actions: 06/01/2018 Third Reading
05/24/2018 Perfection
05/18/2018 Second Reading
05/04/2018 First Reading

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06/01/2018 Vote Results

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Ordinance

Effective Date: 06/29/2018
Ordinance #: 70783

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