HomeMy WebLinkAbout2011-06-16 IDA Minutes
MINUTES
REGULAR MEETING
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE CITY OF RIVERSIDE, MISSOURI
Thursday, June 16, 2011
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.
President Pam Darata called the meeting to order at 6:00 p.m. Answering roll call were Pam Darata, Wayne
Snyder, Harold Snoderley, and Leland Finley and Cy Houston. Also present: Nancy Thompson, City Attorney,
Mike Duffy, Director of Community Development, Donna Resz, Finance Director and Sarah Wagner Community
Development.
Approval of Minutes from Wayne Snyder moved to approve the minutes from December 8, 2010.
December 8, 2010
Leland Finley seconded and the motion passed 4-0, Cy Houston
abstained.
Resolution 2011-001: Nancy Thompson introduced Resolution 2011-001: A resolution
A resolution authorizing the authorizing the issuance of tax increment refunding revenue bonds (L-385
issuance of Tax Increment Levee Project) Series A, in an aggregate principal amount not exceeding
Refunding Revenue Bonds $2,620,000 to provide funds to be loaned to the City of Riverside,
(L-385 Levee Project) Series Missouri; and authorizing and approving certain documents and actions in
A. connection with the issuance of said bonds.
Gary Anderson with Gillmore Bell explained the bonds to the members.
Leland Finley moved to approve Resolution 2011-001, seconded by
Wayne Snyder. The motion passed 5-0.
Resolution 2011-002: Nancy Thompson presented Resolution 2011-002: A resolution
A resolution authorizing the authorizing the granting of a permanent sanitary sewer utility easement to
granting of a permanent the City of Riverside, Missouri and authorizing and approving certain
sanitary sewer utility documents and actions relating thereto.
easement to the City of
Riverside, Missouri Nancy Thompson and Mike Duffy explain the Argo Innovation plat and
the Horizons Development.
Leland Finley made a motion to approve Resolution 2011-002 and Harold
Snoderley seconded. The motion passed 5-0.
Resolution 2011-003: A Nancy Thompson presented Resolution 2011-003: A resolution
resolution authorizing the authorizing the execution of the final plat of Argo Innovation Park.
execution of the final plat of
Argo Innovation Park. Wayne Snyder made a motion to approve Resolution 2011-003 and
Leland Finley seconded. The motion passed 5-0/
Resolution 2011-004: A Nancy Thompson introduced Resolution 2011-004: A resolution
resolution authorizing the approving and authorizing an allocation of Levee District assessments
execution of an agreement agreement together with the execution and delivery of documents and
allocating Levee District actions relating thereto.
Benefits with the City of
Riverside, Missouri Wayne Snyder moved to approve Resolution 2011-004 and Leland Finley
seconded. The motion passed 5-0.
Adjournment Wayne Snyder moved to adjourn the meeting, seconded by Leland Finley.
The motion passed 5-0 and the meeting was adjourned at 6:20 p.m.