HomeMy WebLinkAboutR-2019-101 Approving the Execution of a Proxy for the Annual Meeting of Landowners of Riverside-Quindaro Bend Levee District RESOLUTION NO. R-2019-101
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 2019 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 2019 annual meeting;
. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT Community Development Director Mike Duffy is hereby designated and shall act as
the City of Riverside Proxy for the 2019 Levee District annual meeting of the landowners;
FURTHER THAT the Proxy for Annual Meeting of Landowners of Rivers ide-Q u i ndaro 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 Community
Development Director Mike Duffy to act for the Authority at the 2019 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 Community Development Director Mike Duffy shall have full power of
substitution under such proxy.
PASSED AND ADOPTED by the Board of Aldermen and APPROVED by the Mayor of the
City of Riverside, Missouri, the 3RD day of Septemb 2019.
- Kath en L. Rose, Mayor
ATTEST`. > :,
Robin`- ir�'Eai:cl .C'i#.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 23rd, 2019 at 12:00 pm, in Riverside, Missouri does hereby
constitute and appoint Community Development Director Mike Duffy 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 through its authorized official, has
executed this Proxy this day of , 2019.
THE CITY OF RIVERSIDE, MISSOURI
By &a"
:
Nrayor Kathleen L. Flose
f ti's
bin."'Kn` aid;City Clerk
CITY OF
RIVERSI
MISSOURI
Upstream from ordinary.
2950 NW Vivion Road
Riverside, Missouri 64150
AGENDA DATE: September 03, 2019
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 Community Development Director Mike Duffy to serve as
the City's voting proxy.