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HomeMy WebLinkAboutR-2012-128 Proxy for Annual Levee District Landowners Meeting RESOLUTION NO. R-2012-128 A RESOLUTION 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 CONNECTION THEREWITH WHEREAS, the City of Riverside, Missouri owns real property located within the Riverside- Quindaro Bend Levee District of Platte County, Missouri ("Levee DistricY'); 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 2012 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 2012 annual meeting; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: THAT Interim City Administrator Gregory P. Milis is hereby designated and shall act as the City of Riverside Proxy for the 2012 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 Interim City Administrator Gregory P. Mills_ to act for the Authority at the 2012 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 and Interim City Administrator Gregory P. Mills shall have full power of substitution under such proxy. PASSED AND ADOPTED bv the Board Aldermer an�1 APPROVED by the Mayor of the City of Riverside, Missouri, the� of _9��¢.�, ,y _u_61/1.J�012. �— O � ° Kathleen L. Rose, Mayor ATTEST: � J�"-.[�- �'`: �`' , ° Robia Littrell, ify Clerk � Approved � Form: �y o p n, City Attorney 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 County, Missouri (the "Levee DistricY'), being entitled to votes at the annual meeting of landowners of the Levee District to be held on October 10 . 2012 at 12•00 pm,in Riverside, Missouri does hereby constitute and appoint Interim City Administrator Gregory P. Mills 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 adjoumment 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 through its authorized official, has executed this Proxy this �S�' day of_ , 2012. THE CITY OF RIVERSIDE, MISSOURI , By: /1.,��/�-�'-a-2� � ° Mayor Kathleen L. Rose ATTEST.' . � ���� �"��� Robin Littrell, City Clerk CITY OF , � RIVERS MISSOURI U¢stream from ordinary. 2950 NW Vivion Road Riverside, Missouri 64150 AGENDA DATE: September 25, 2012 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 five member Board of Supervisors who serve five-year staggered terms (meaning one Supervisor 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 Interim City Administrator Greg Mills 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 24`� 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 iu 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.