Ordinance 70783

An Ordinance to provide for the borrowing of funds in anticipation of the collection of tax payments levied by for deposit in its General Revenue Fund for the calendar year ending December 31, 2018,

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An Ordinance to provide for the borrowing of funds in anticipation of the collection of tax payments levied by The City of St. Louis, Missouri for deposit in its General Revenue Fund for the calendar year ending December 31, 2018, and remaining uncollected and other revenues remaining to be collected and deposited in the General Revenue Fund for fiscal year ending June 30, 2019, all such revenues for the General Revenue Fund in the Treasury of The City of St. Louis, Missouri, through the issuance by The City of St. Louis, Missouri of its Tax and Revenue Anticipation Notes, and the acquiring of credit enhancement, if necessary, in order to lower the cost of such borrowing; prescribing the form and details of such Notes; authorizing and approving certain documents and other actions; and containing an emergency clause.

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Legislative History

Session: 2018-2019
Board Bill Number: 41
Primary Sponsor: Frank Williamson
Co-Sponsors:
Committee: Ways and Means
First Reading: 05/04/2018
Second Reading: 05/18/2018
Perfection: 05/24/2018
Third Reading: 06/01/2018
Effective Date: 06/29/2018

Topics

See more ordinance tags as Business Taxation , Taxation and Revenue

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