HomeMy WebLinkAbout1996-06-04 - L-385- $10,000,000RESOLUTION OF THE BOARD OF ALDERMEN
OF THE CITY OF RIVERSIDE, MISSOURI
BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
RESOLVED, that the City of Riverside, Missouri (the "City") expects to make capital
expenditures after the date of this Resolution in connection with the construction of the L-385 Levee (the
"Project"), and the City intends to reimburse itself for such expenditures with the proceeds of bonds,
notes, or a lease purchase agreement.
RESOLVED FURTHER, that the maximum principal amount of the obligations expected to be
issued for the Project is $10,000,000.
ADOPTED by the Board of Aldermen this 4th day of June, 1996.
(SEAL)
ATTEST:
Ctl.Q~
City Cler
Mayor