Ordinance 68398

Third amendment to the Memorandum of Agreement with BiState

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Ordinance

BOARD BILL NO. 108 INTRODUCED BY PRESIDENT LEWIS E. REED AND ALDERMAN STEPHEN CONWAY An ordinance recommended and approved by the Board of Estimate and Apportionment authorizing The City of St. Louis, Missouri, to enter into a Third Amendment to Memorandum of Agreement with the Bi-State Development Agency of the Missouri-Illinois Metropolitan District and St. Louis County, Missouri, amending that certain Memorandum of Agreement dated as of November 1, 2002, as amended, for the purpose of providing funds to refund certain outstanding sales tax appropriation bonds issued by said Agency; authorizing said Agency to issue refunding obligations payable from annual appropriation of the quarter-cent sales tax levied by the City for public mass transportation purposes by Ordinance No. 63168 and other available revenues of said Agency; and authorizing the City to take other necessary actions in connection with such refunding obligations.

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Legislative History

Session: 2009-2010
Board Bill Number: 108
Primary Sponsor: Lewis E Reed
Co-Sponsors: Stephen Conway
Committee: Ways and Means
First Reading: 06/12/2009
Second Reading: 06/19/2009
Perfection: 06/26/2009
Third Reading: 06/26/2009
Effective Date: 08/10/2009

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