HomeMy WebLinkAboutR-2026-117 Approving Execution of Proxy for Annual Meeting of Landowners of Riverside-Quindaro Bend Levee District and Directing Industrial Development Authority to Execute Proxy Related TheretoRESOLUTION NO. R-2026-117
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 2026 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.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF
THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT City Administrator Amy Strough or her designee is hereby designated and
shall act as the City of Riverside Proxy for the 2026 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 Amy Strough or her designee to act for the Authority at the 2026 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 Amy Strough shall have full
power of substitution under such proxy.
RESOLUTION NO. R-2026-117
PASSED AND ADOPTED by the Board of Aldermen of the City of Riverside,
Missouri, the 1st day of September 2026 .
/s/ Kathleen L. Rose
Kathleen L. Rose, Mayor
ATTEST:
/s/ Melissa McChesney
Melissa McChesney, City Clerk
RESOLUTION NO. R-2026-117
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 28, 2026, at 12:00 p.m., in Riverside, Missouri does hereby constitute
and appoint City Administrator Amy Strough 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 1st day of September 2026.
THE CITY OF RIVERSIDE, MISSOURI
By: /s/ Kathleen L. Rose
Kathleen L. Rose, Mayor
ATTEST:
/s/ Melissa McChesney
Melissa McChesney, City Clerk