HomeMy WebLinkAbout2009-141 - Quindaro Bend LeveeBILL N0.2009-141
ORDINANCE N0.2009-141
AN ORDINANCE GRANTING AND APPROVING THE EXECUTION BY THE
CITY OF A PROXY FOR ANNUAL MEETING OF LANDOWNERS OF RIVERSIDE-
QUINDARO BEND LEVEE DISTRICT OF PLATTE COUNTY, MISSOURI;
DIRECTING THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF
RIVERSIDE, MISSOURI TO EXECUTE A PROXY RELATED THERETO, AND
AUTHORIZING OTHER DOCUMENTS AND ACTIONS RELATED THERETO
WHEREAS, the City of Riverside, Missouri owns real property located within the
Riverside-Quindazo Bend Levee District of Platte County, Missouri ("Levee District").
WHEREAS, the Levee District holds an annual meeting each year at which landowners
aze entitled to vote to elect Supervisors.
WHEREAS, the City desires to grant a proxy for its voting rights at the 2009 annual
meeting.
AS, The Industrial Development Authority of the City of Riverside, Missouri
(the "Autho ty"), at the request of the City, issued its Industrial Development Revenue Bonds
(Riverside H rizons Infrastmcture 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").
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 ordained by the Boazd of Aldermen of the City of Riverside,
Missouri as follows:
Section 1. The City grants to nay; ~ R t ackburn the right
to act as Proxy for the City at the 2009 Levee District annual meeting of the landowners. The
Proxy for Ammual Meeting of Landowners of Riverside-Quindazo Bend Levee District of Platte
County, Missouri, in substantially the form attached, is approved, and the Mayor and the City
Clerk are authorized and directed to execute the Proxy.
Section 2. 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 David Blackburn
to act for the Authority at the 2009 Levee District annual meeting of the landowners.
Section 3. The officers and agents of the City are hereby authorized to execute and
deliver of all documents and perform all actions necessary or desirable to effectuate the intent of
this Ordinance.
Section 4. This ordinance shall take effect immediately.
Passed and approved this 1st day of October, 2009.
Kathleen L. Rose, Mayor
ATTEST:
[sear
Rusick,
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-Quindazo 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 beheld on Thur y, Oc ober 15, 2009, in
Riverside, Missouri does hereby constitute and appoint ~~~,gviD .~~.f'~
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 WPI'N SS WHEREOF, the City, by and through its authorized official, has executed
this Proxy this ~ day of October, 2009.
THE CIT OF R~I~VE~RSI)DE, MISSOURI
Mayor
ATTEST:
[seal]
C' Clerk