Board Bill Number 36 | Session 2015-2016

Short Term Note Borrowing

Summary

BOARD BILL NO. 36 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 for deposit in its General Revenue Fund for the calendar year ending December 31, 2015, and remaining uncollected and other revenues remaining to be collected and deposited in the General Revenue Fund for fiscal year ending June 30, 2016, 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.

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Overview

Session: 2015-2016

Sponsor: Stephen Conway

Ordinance: 69988 effective 05/28/2015

Committee: Ways and Means

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 05/01/2015

    First Reading

  • 05/15/2015

    Second Reading

  • 05/21/2015

    Perfection

  • 05/26/2015

    Third Reading

05/26/2015 Final Passage Vote Results

Aye Votes
23
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 69988

Effective Date: 05/28/2015

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