Ordinance 69033

Development agreement with Ralcorp Holdings

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BOARD BILL # 166 INTRODUCED BY ALDERWOMAN YOUNG AN ORDINANCE RECOMMENDED BY THE BOARD OF ESTIMATE AND APPORTIONMENT AUTHORIZING THE CITY OF ST. LOUIS, MISSOURI TO ENTER INTO A DEVELOPMENT AGREEMENT WITH RALCORP HOLDINGS, INC.; AUTHORIZING THE CITY TO ISSUE ITS TAXABLE INDUSTRIAL DEVELOPMENT REVENUE BONDS (RALCORP HOLDINGS, INC. PROJECT), SERIES 2011, IN A PRINCIPAL AMOUNT NOT TO EXCEED $20,000,000 FOR THE PURPOSE OF PROVIDING FUNDS TO PAY THE COSTS OF ACQUIRING CERTAIN EQUIPMENT FOR AN INDUSTRIAL DEVELOPMENT PROJECT IN THE CITY; APPROVING A PLAN FOR SUCH PROJECT; AUTHORIZING AND DIRECTING THE MAYOR AND THE COMPTROLLER TO EXECUTE CERTAIN DOCUMENTS RELATED THERETO; AUTHORIZING AND DIRECTING THE MAYOR AND THE COMPTROLLER TO ENTER INTO ONE OR MORE LEASES WITH RESPECT TO CERTAIN REAL PROPERTY PERTAINING TO SUCH PROJECT; 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.

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Legislative History

Session: 2011-2012
Board Bill Number: 166
Primary Sponsor: Phyllis Young
Co-Sponsors:
Committee: Housing, Urban Development and Zoning
First Reading: 09/23/2011
Second Reading: 10/21/2011
Perfection: 10/28/2011
Third Reading: 10/28/2011
Effective Date: 01/01/1900

Topics

See more ordinance tags as Annual Budget and Operating Plan (Block Grant), Permits, Inspections, and Certifications (Condemnation), Beautification and Nuisance Reduction (Noise), Employees (Civil Service)

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