HomeMy WebLinkAboutR-2018-094 Appointing Salvatore Loporto to Horizons Business Park Association Board of Directors RESOLUTION NO. R-2018-094
A RESOLUTION APPOINTING SALVATORE LOPORTO TO THE BOARD OF
DIRECTORS OF THE HORIZONS BUSINESS PARK ASSOCIATION
WHEREAS, the City of Riverside, Missouri, ("City") has created an integrated
business development known as HORIZONS BUSINESS PARK ("East Side Business
Park") containing diverse areas for, but not limited to, any of (but not necessarily all of)
the following uses: commercial, office, retail, industrial and related uses as the same
may, from time to time, be implemented in substantial conformance with the
governmental approvals therefore; and
WHEREAS, the Industrial Development Authority of the City of Riverside,
Missouri, ("IDA") and the City have provided for the preservation of the values and
amenities in the East Side Business Park; and for the maintenance of common use
areas, and the IDA, the City and the Developer agreed, the Property shall be held, sold,
used and conveyed subject to the Declaration of Covenants, Restrictions, Easements,
Charges, Assessments and Liens filed and recorded by the City on March 9, 2012,
Instrument Number 2012003468, Book 1187, Page 286 ("Declaration"); and
WHEREAS, the IDA and the City, pursuant to the Declaration, deemed it
desirable to create an association ("Association") to which shall be delegated and
assigned certain powers related to maintaining, administrating and enforcing the
covenants and restrictions, and collecting and disbursing the assessments and charges
hereinafter created; and
WHEREAS, the Mayor has the authority to appoint the Board of Directors of the
Association ("Board"), subject to confirmation by the Board of Aldermen; and
WHEREAS, Dale Longenecker ("Longenecker"), who was reappointed to the
Board pursuant to Resolution No. R-2018-061 to serve as term ending May 15, 2023, or
until his successor was duly appointed and confirmed has resigned and the Mayor
desires to appoint Salvatore LoPorto as Longenecker's replacement to the Board to
serve the remainder of Longenecker's term; and
WHEREAS, the Board of Aldermen find it is in the best interest of the City to
approve and ratify such appointments as proposed by the Mayor.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF
THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT Salvatore LoPorto is confirmed for appointment by the Mayor as a
member of the Horizons Business Park Association Board of Directors ("Board") to
serve until May 15, 2020, or until his successor is duly appointed and confirmed
following expiration of his term; and thereafter his successor shall serve a five year
term; and
WA 11980208.1
PASSED AND ADOPTED by the Board of Aldermen and APPROVED by the
Mayor of the City of Riverside, Missouri, this 231d day of October, 2018.
Mayor Kathleen L. Rose
Attest: Approved as to Form.
Robin Kincaid, City Clerk Spencer Fane, LLP, by
Joe Bednar
2 WA 11980208.1