HomeMy WebLinkAboutR-2021-102 Proxy for Annual Landowners Meeting Riverside-Quindaro Bend Levee District RESOLUTION NO. R-2021-102
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 2021 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 2021 annual meeting;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT City Administrator Brian Koral or his designee is hereby designated and shall act as
the City of Riverside Proxy for the 2021 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 City Administrator
Brian Koral or his designee to act for the Authority at the 2021 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 City Administrator Brian Koral 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 7th day of Septemb r 2021.
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Ka seen L. Rose, Mayor
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kobiri-Kincaid;City: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 13th, 2021 at 12:00 pm, in Riverside, Missouri does hereby
constitute and appoint City Administrator Brian Koral 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 Cit , by and through its authorized official, has
executed this Proxy this ? day of , 2021.
THE CITY OF RIVERSIDE, MISSOURI
By:
ayor Kathleen L. Rose
�JATT ST:
7
Robir`iCiai' ;,_Gify Clerk
CITY OF
RIVE Rl
MISSOURI
Upstream from ordinary.
29SO NW Vivion Road
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Riverside, Missouri 641 SO
AGENDA DATE: August 31, 2021
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 City Administrator Brian Koral or his designee to serve as
the City's voting proxy.