HomeMy WebLinkAboutR-2011-074 Proxy-Levee Dist.& IDA RESOLUTION NO. R-2011-074
A RE50LUTION GRANTING AND APPROVING THE EXECUTION OF A PROXY FOR THE
ANNUAL MEETING OF LANDOWNERS OF RIVERSIDE-QUINDARO BEND LEVEE DISTRICT;
DIRECTING THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE,
MISSOURI TO EXECUTE A PROXY RELATED THERETO, AND AUTHORIZING SUCH OTHER
RELATED DOCUMENTS AND ACTIONS IN CONNECTIDN THEREWITH
WHEREAS, the City of Riverside, Missouri owns real property located within the Riverside-
Quindaro Bend Levee District of Platte County, Missouri ("Levee District"); and
WHEREAS, the Levee District holds an annual meeting each year at which landowners are
entitled to vote to elect Supervisors; and
WHEREAS, the City desires to grant a proxy for its voting rights at the 2011 annual meeting;
WHEREAS, The Industrial Development Authority of the City of Riverside, Missouri (the
"Authority"), at the request of the City, issued its Industrial Development Revenue Bonds (Riverside
Horizons Infrastructure Project — City of Riverside, Missouri), Series 2007 in the principal amount of
$40,265,000 (the "Bonds") and the City transferred certain property to the Authority in connection
therewith (the "Mortgaged Property"); and
WHEREAS, the City desires to provide direction to the Authority with respect to granting a
proxy for the voting rights associated with the Mortgaged Property at the 2011 annual meeting;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT City Administrator David Blackburn is hereby designated and shall act as the City of
Riverside Proxy for the 2011 Levee District annual meeting of the landowners;
FURTHER THAT the Proxy for Annual Meeting of Landowners of Riverside-Quindaro Bend
Levee District of Platte County, Missouri, in substantially the form attached, is approved and
authorized, and the Mayor and City Clerk are authorized and directed to execute such Proxy;
FURTHER THAT with respect to the Mortgaged Property, the Authority is hereby directed to
grant a proxy, in a form similar to the proxy attached hereto, to City Administrator David Blackburn
to act for the Authority at the 2011 Levee District annual meeting of the landowners;
FURTHER THAT the officers and agents of the City are hereby authorized to execute and
deliver such documents and perform all actions necessary or desirable to effectuate the intent of
this Resolution City Administrator David Blackburn shall have full power of substation under such
proxy.
PASSED AND ADOPTE � the Board f Aldermen and APPROVED by the Mayor of the ,
City of Riverside, Missouri, the � day of 011. !
� �C/ � � �'
Ka leen L. Rose, Mayor I
ATTEST:
� ��-, • � r : r. � ��� �
Robin Littrell, City Clerk
Approve o Form:
a T om son Cit Attorne I
. Y Y
PROXY FOR ANNUAL MEETING OF LANDOWNERS
OF RIVERSIDE-QUINDARO BEND LEVEE DISTRICT
OF PLATTE COUNTY, MISSOURI
KNOW ALL MEN BY THESE PRESENTS THAT the City of Riverside, Missouri
(the "City") being an owner of real estate and other property, situate in the
Riverside-Quindaro Bend Levee District of Platte Counry, Missouri (the "Levee DistricY'),
being entitled to votes at the annual meeting of landowners of the Levee District to be
held on October , 2011 at pm, in Riverside, Missouri does hereby
constitute and appoint City Administrator David Blackburn with full power of
substitution, the proxy of the City to represent and vote all votes to which the City is
entitled at such meeting on the election of one or more supervisor(s) to the Board of
Supervisors of the Levee District and any other business as may properly come before
said annual meeting or any adjournment thereof and the City hereby revokes any
authorization to vote at said meeting heretofore given by the City to anyone.
IN WITNESS WHEREOF, the City by and th ough its authorized official, has
executed this Proxy this � day of - - , 2011.
THE CITY OF RIVERSIDE, MISSOURI
By: - l
ayor Kathleen L. Rose
ATTEST:
/ ��
obin Littrell, City Clerk
CITY OF
�� RIVERSI��
�� � � ��•-
U�skream from ordinory.
2950 NW Vivion Road
Riverside, Missouri 64150
AGENDA DATE: September 6, 201 I
TO: Mayor and Board of Aldermen
FROM: Nancy Thompson, City Attorney
RE: Levee District Annual Meeting
BACKGROUND: The Riverside-Quindaro Bend Levee District of Platte County, Missouri ("Levee
District") is operated by a�ve member Board of Supervisors who serve five-year
staggered terms (meaning one 5upervisor is elected each year to serve a five-
year term). In accordance with Chapter 245 of the Revised Statutes of Missouri,
the Board of Supervisors of the Levee District is required to call a meeting of
the owners of land within the boundaries of the District during the month of
October for the purpose of electing a Supervisor to replace the Supervisor
whose term is expiring that year.
As a landowner, the City has a right to vote at the annual meeting; however, it is
necessary to designate an official representative to exercise the City's voting
rights. Consistent with past practice, a Resolution is on the Board of Aldermen
agenda to designate City Administrator David Blackburn to serve as the City's
voting proxy, In the event the Board desires to designate someone else to be
the City's representative, the Resolution should be amended to designate a
different individual.
In addition to the authority to vote on behalf of the City, it is necessary for the
City to provide direction to the Industrial Development Authority (IDA) for
designation of a proxy. The next meeting of the IDA will be held on Monday,
September 19 and proxy selection will be communicated to the IDA at that time.
The attached Resolution provides direction to the IDA for purposes of
designating a proxy for exercise of its landowner rights at the Levee District
annual meeting.
Do not hesitate to contact me for additional information if you have any
questions regarding this matter.