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HomeMy WebLinkAbout2013-09-26 IDA Minutes MINUTES REGULAR MEETING THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI Thursday, September 26, 2013 6:00 p.m. The Industrial Development Authority of the City of Riverside, Missouri, met in regular session at City Hall, 2950 NW Vivion Road, Riverside, Missouri. Vice-President Pam Darata called the meeting to order at 6:16 p.m. Answering roll call were Harold Snoderley, Pam Darata, Bernie Bruns and Cy Houston (by phone). Also present were Community Development Director Mike Duffy, Community Development Assistant Sarah Wagner, SFBB Attorney Justin Leck. Approval of Minutes from Bernie moved to approve the minutes of May 23, 2013. May 23, 2013 Harold Snoderley seconded and the motion passed 4-0. Resolution 2013-011: A Vice-President Pam Darata read Resolution 2013-01: A resolution Resolution Authorizing the authorizing the sale and transfer of certain property to the City of Sale and Transfer of Certain Riverside, Missouri; directing UMB Bank N.A., to release such property Property to the City of from the deed of trust and security agreement; authorizing a cross access Riverside, Missouri; agreement for such property and adjacent property; and authorizing other Directing UMB Bank, N.A., action in connection therewith (Horizons Industrial IV). to Release Such Property from the Deed of Trust and Justin Leck with SFBB explained that this resolution accomplished three Security Agreement; things; the transfer of Lot 5 to the City of Riverside, the partial release to Authorizing a Cross Access UMB to release the property from the deed of trust; and the cross access Agreement for Such Property agreement between Lot 5 and Lot 6. At this time Lot 6 is still owned by and Adjacent Property; and the IDA. Authorizing Other Actions in Connection therewith Harold Snoderley moved to approve Resolution 2013-01. (Horizons Industrial IV) Bernie Bruns seconded and the motion passed 4-0. Adjournment Cy Houston moved to adjourn. Harold Snoderley seconded and the meeting was adjourned at 6:19 p.m.