Board Bill Number 267 Votes | Session 2015-2016

Carnahan Refunding Bonds

Board Bill

BOARD BILL NO. 267 INTRODUCED BY ALDERMAN JOSEPH VACCARO An ordinance recommended by the Board of Estimate and Apportionment authorizing and directing the St. Louis Municipal Finance Corporation (as further defined herein, the “Corporation”) to issue and sell its Carnahan Courthouse Leasehold Revenue Refunding Revenue Bonds, Series 2016A (City of St. Louis, Missouri, Lessee) (the “Series 2016A Bonds”) in an aggregate principal amount of not to exceed $21,000,000 in order to refund all or a portion of its outstanding Carnahan Courthouse Leasehold Revenue Refunding Bonds, Series 2006A (City of St. Louis, Missouri, Lessee) (the “Series 2006A Bonds”) issued by the Corporation in the original aggregate principal amount of $23,725,000, the proceeds of which were used to refinance the Corporation’s Carnahan Courthouse Leasehold Revenue Bonds, Series 2002A (the “Series 2002A Bonds”), the proceeds of which were used for the construction, renovation, equipping and installation of furnishings and equipment for Carnahan Courthouse, all for the general welfare, safety and benefit of the citizens of The City of St. Louis, Missouri (the “City”); authorizing and directing the officers of the Corporation to execute and deliver the Third Supplemental Indenture, the Second Supplemental Lease Agreement, the Tax Compliance Agreement, the Official Statement, the Bond Purchase Agreement, the Escrow Agreement, if any, and any Credit Agreement (the “Corporation Documents”); authorizing the obtaining of credit enhancement, if any, for the Series 2016A Bonds from a Credit Provider, as defined below, authorizing the payment of any obligations due to a Credit Provider, if any, and authorizing the Mayor, the Comptroller and any other appropriate City officials, if necessary, to execute the Second Supplemental Lease Agreement, the Tax Compliance Agreement, the Official Statement, the Bond Purchase Agreement, the Continuing Disclosure Agreement, the Escrow Agreement, if any, and any Credit Agreement, or other documents related thereto (all as defined herein, the “City Documents”); authorizing participation of appropriate City officials, agents and employees in preparing the Corporation’s preliminary Official Statement and final Official Statement for the Series 2016A Bonds, and the acceptance of the terms of a Bond Purchase Agreement for the Series 2016A Bonds and the taking of further actions with respect thereto; and 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, and containing an emergency clause.

View Board Bill 267 details

01/26/2016 Final Passage Vote Results

This board bill was part of a consent vote along with BB 178, BB 251, BB 252, BB 267, BB 269

Noes (0)

No "no" votes recorded

Did Not Vote (0)

No "Did Not Vote" votes recorded

Abstain (0)

No aldermen abstained from vote

Present (0)

No "present" votes recorded

Absent (6)

Ward Alderman
3 Freeman M Bosley Sr.
14 Carol Howard
17 Joseph D Roddy
21 Antonio D French
26 Frank Williamson
27 Chris Carter

Vacant Seat (0)

No vacant seat

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