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HomeMy WebLinkAbout2006-02 4380 Belgium Parkway IDA Project Resolution No. 2006-02 Resolution No. 2006-02 RESOLUTION APPROVING A PROJECT (WITHIN THE MEANING OF CHAPTER 349, REVISED STATUTES OF MISSOURI) OF THE INDUSTRIAL DEVELOPMENT AUTHORTI'Y OF THE COUNTY OF PLATTE, MISSOURI, TO BE LOCATED IN THE CTI'I' OF RIVERSIDE, MISSOURI WHEREAS, The Industrial Development Authority of the County of Platte, Missouri (the "Authority") is authorized and empowered by the provisions of Chapter 349 of the Revised Statutes of Missouri (the "Act"), to issue private activity revenue bonds, to acquire, construct, renovate, improve, equip and/or furnish projects (as defined in the Act) and to loan the proceeds of bonds to provide for the purchase, construction, renovation, equipping and improvement of projects for the uses and public purposes set forth in the Act; and WHEREAS, Section 349.010.4 of the Act requires that the project of a county authority be located within an unincorporated area of such county, except that the project may be located within the incorporated limits of a municipality within the county when approved by the governing body of the municipality; and WHEREAS, there has been presented to this Board o Aldermen, in its capacity as the governing body of the City of Riverside, a request for approval of a pro sed project of the Authority located within the incorporated limits of the City of Riverside, Missourian to be owned by JJJ, L.L.C., a Missouri limited liability company (the "Applicant"); and ', WHEREAS, the project consists of the purchase f new equipment and construction of a commercial manufacturing facility, to be located at 4380 B~lgium Parkway in the City of Riverside, Missouri (the "Project"); NOW, THEREFORE, BE IT RESOLVED BY THE BARD OF ALDERMEN OF THE CTI'Y OF RIVERSIDE, MISSOURI, AS FOLLOWS: Section 1. That the Board of Aldermen hereby fmds and determines that the Project will promote the economic welfare and the development of the ~ity of Riverside, Missouri, and will be in furtherance of the public purposes set forth in the Act. Section 2. That the Board of Aldermen of the~City of Riverside, Missouri, acting in its capacity as the governing body of the City of Riverside, Misso ,hereby approves the Project to be located within the incorporated limits of the City of Riverside, Missouri Section 3. That the City Clerk is hereby autho ' and directed to deliver certified copies of this Resolution to the Board of Directors of the Authority or to y other party requesting same. Section 4. That this Resolution shall take effect ~nmediately upon its adoption by the Board of Aldermen of the City of Riverside, Missouri. ,. ADOPTED by the Board of Aldermen this lOs' day of October, 2006. (SEAL) ayor