Ordinance 69049

Prop. to secure bond counsel

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BOARD BILL NO. 190 INTRODUCED BY: ALDERMAN JOSEPH RODDY, PRESIDENT LEWIS E. REED, ALDERWOMAN LYDA KREWSON An Ordinance recommended by the Board of Estimate and Apportionment authorizing and directing the Comptroller to issue various Requests for Proposal to secure bond counsel, financial advisors, underwriters, underwriters? counsel and any other professional services necessary to prepare documents required to issue the Bonds, in the manner and amounts provided below; authorizing and directing the City to take action to prepare to issue and sell its City Revenue Bonds in an aggregate principal amount of approximately $34,000,000 to allow for the planting of trees and other landscape materials in the City right of way and for the improvement of City Parks (other than Forest Park) as provided herein, and authorizing and directing the St. Louis Municipal Finance Corporation to issue and sell the Forest Park Bonds in an aggregate principal amount of not to exceed $30,000,000 for the improvement of Forest Park, all for the general welfare, safety and benefit of the citizens of the City; prescribing other matters relating 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 a Severability Clause.

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Legislative History

Session: 2011-2012
Board Bill Number: 190
Primary Sponsor: Joseph D Roddy
Co-Sponsors: Gregory Carter
Lyda Krewson
Lewis E Reed
Committee: Ways and Means
First Reading: 10/14/2011
Second Reading: 10/28/2011
Informal Calendar: 11/04/2011
Perfection: 11/18/2011
Third Reading: 12/09/2011
Effective Date: 01/19/2012


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