Ordinance 67476

an ordinance recommended by the board of estimate and apportionment authorizing and directing the st. louis municipal finance corporation (the “corporation”) to amend certain documents related to the $16,400,000 forest park leasehold revenue refunding bonds

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Summary

an ordinance recommended by the board of estimate and apportionment authorizing and directing the st. louis municipal finance corporation (the “corporation”) to amend certain documents related to the $16,400,000 forest park leasehold revenue refunding bonds (city of st. louis, missouri, lessee) series 2004 (the “series 2004 bonds”) issued pursuant to ordinance 66492 in order to refund the then outstanding forest park leasehold revenue improvement bonds (city of st. louis, missouri, lessee) series 1997 issued by the corporation pursuant to ordinance 64106 in the original aggregate principal amount of $19,270,000 for the construction, renovation, equipping and installation of site furnishings and improvements for forest park, all for the general welfare, safety and benefit of the citizens of the city of st. louis, missouri (the “city”) in connection with the release of the portion of the property that is the subject of the amended and restated lease between the city and barnes-jewish hospital being considered pursuant to ordinance ______ [b.b. #_____ ]; authorizing and directing the officers of the corporation to execute and deliver the second supplemental indenture of trust, the second supplemental lease purchase agreement, the first supplemental base lease, and authorizing and directing the comptroller and any other appropriate city officials, if necessary, to execute any other documents related thereto; authorizing participation of appropriate city officials in the taking of further actions with respect to releasing the portion of the property from the terms of the series 2004 bonds in connection with the leasing of such portion to barnes-jewish hospital pursuant to ordinance ______ [b.b. #_____ ]; 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.

Overview

Session: 2006-2007

Board Bill Number: 375

Primary Sponsors: Joseph D Roddy

Committee: Parks and Environment

Effective: 03/05/2007

Legislative History

  • 01/19/2007

    First Reading

  • 01/26/2007

    Second Reading

  • 01/26/2007

    Perfection

  • 02/02/2007

    Informal Calendar

  • 03/01/2007

    Perfection

  • 03/02/2007

    Third Reading

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