Board Bill Number 59 Votes In Session 2019-2020

Tax Increment Revenue Notes for St. Louis Innovation District

Board Bill

An ordinance recommended by the Board of Estimate and Apportionment authorizing and directing the issuance, reissuance and delivery of one or more series of tax increment revenue notes, including (a) increasing the not to exceed principal amount of previously-issued RPA 5 tax increment revenue notes (St. Louis Innovation District/RPA 5 Project), Series B (the “RPA 5 Series B Notes”), from an original aggregate principal amount of $2,000,000, plus issuance costs, to an aggregate principal amount not to exceed $7,200,000, plus costs of issuance, for certain Reimbursable Redevelopment Project Costs associated with Redevelopment Project Area 5 of the St. Louis Innovation District Redevelopment Area; and (b) tax increment revenue notes (St. Louis Innovation District/Area-wide Projects), Series 2019 (the “Area-wide Series 2019 Notes”), in an aggregate principal amount not to exceed $42,000,000, plus costs of issuance, for certain Reimbursable Redevelopment Project Costs associated with the Redevelopment Area-wide Projects; authorizing and directing the Mayor and the Comptroller to execute and deliver the Amended and Restated Fourth Supplemental Trust Indenture in connection with the reissuance of the RPA 5 Series B Notes, and to execute and deliver the Seventh Supplemental Trust Indenture in connection with the issuance of the Area-wide Series 2019 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.

View Board Bill 59 details

07/12/2019 Final Passage Vote Results

Aye 25
No 1
Final Passage Vote
Ward Alderman Position
2 Lisa Middlebrook Aye
3 Brandon Bosley Aye
5 Tammika Hubbard Aye
6 Christine Ingrassia Aye
7 Jack Coatar Aye
8 Annie Rice Aye
9 Dan Guenther Aye
10 Joseph Vollmer Aye
11 Sarah Martin Aye
12 Larry Arnowitz Aye
13 Beth Murphy Aye
14 Carol Howard Aye
15 Megan E Green Aye
16 Tom Oldenburg Aye
17 Joseph D Roddy Aye
18 Jesse Todd Aye
19 Marlene E Davis Aye
21 John Collins-Muhammad Aye
22 Jeffrey L Boyd Aye
23 Joseph Vaccaro Aye
24 Bret Narayan Aye
26 Shameem Clark Hubbard Aye
27 Pamela Boyd Aye
28 Heather Navarro Aye
President Lewis E Reed Aye
25 Shane Cohn No
1 Sharon Tyus Absent
4 Samuel L Moore Absent
20 Cara Spencer Absent

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