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HomeMy WebLinkAboutR-2013-109 Proxy for Levee Board RESOLUTION NO. R- 2013 -109 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 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 2013 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 2013 annual meeting; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: THAT Alderman Ron Super is hereby designated and shall act as the City of Riverside Proxy for the 2013 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 of Riverside Alderman Ron Super to act for the Authority at the 2013 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 Alderman Ron Super shall have full power of substitution under such proxy. PASSED AND ADOPTED b/ the Board of Iderm n and APPROVED by the Mayor of the City of Riverside, Missouri, the/'? — day of oaf—rat , 2013. Ka hleen L. Rose, Mayor ■ - T: 4 . 1 Robin Littrell, C y Clerk 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 District "), being entitled to votes at the annual meeting of landowners of the Levee District to be held on October 23 , 2013 at 12:00 pm,in Riverside, Missouri does hereby constitute and appoint Alderman Ron Super 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 WHEgg F, the City b through its authorized official, has executed this Proxy this Jff day of � a i , 2013. THE CITY OF RIVERSIDE, MISSOURI By: i4 Litz. / ayor Kathleen L. - ose ATTEST: Robin Li City Clerk CITY OF RIVERSIDE MISSOURI Upstream from ordinary. 2950 NW Vivion Road Riverside, Missouri 64150 AGENDA DATE: October 15, 2013 TO: Mayor and Board of Aldermen FROM: 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 Alderman Ron Super to serve as the City's voting proxy.