HomeMy Public PortalAbout19660523 special 414 Special Council Meeting, May 23, 1966
Mayor Christy presided.
Councilmen Present: Haake, Hawes, Hiesberger, Kliegel, Van Loo and
Willcoxon. 6
Councilmen Absent: Debo, Riner, Scrivner and Stone, absent with leave,
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A quorum was-declared present.
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Mayor Christy explained that the purpose of the Special Meeting is to consider for
introduction and final passage of a Bill to set up a Special Election for the
issuance of $8, 500, 000 Revenue Bonds for Interco, Inc.
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113ill No. 20, introduced by Councilmen Kliegel, Haake, Van Loo, Willcoxon, Bill No. 20.
Hawes and Hiesberger, entitled: S
pecial Election
"An Ordinance approving a project for industrial development and calling a Industrial
special election in the City of Jefferson, Missouri, for the purpose of .,Revenue Bonds
submitting to the qualified voters of said City the proposition to issue the in the amount
Industrial Revenue Bonds of the City of Jefferson, Missouri, to the amount of of $8, 500, 000
$8, 500, 000 for the purpose of purchasing and constructing an industrial plant to Interco, Inc.
to be leased to Interco Incorporated, a Delaware Corporation, for manufacturing
and Industrial development purposes, including real estate, buildings, fixtures
and machinery, said bonds to be payable solely from the revenues derived from
a project for industrial development, and not to be a general obligation of said
City, designating the time for holding said election, fixing the polling places
of said election, prescribing the form of ballot to be used thereat, and author-
izing the City Clerk to give notice of said election.
Read first and second time by title and on motion of Councilman Kliegel, the
rules were suspended and the Bill was read the third time by title and was
placed on final passage and was passed by the following vote as Ordinance No.
Councilmen voting Aye- flaakc, Hawes, Hiesberger, Kliegel, Van Loo and
Willcoxon. 6
Councilmen voting Nay: None, 0
Councilmen absent: Debo, Miner, Scrivner and Stone, absent with leave.
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i� On motion of Councilman Willcoxon, the Council adjourned, under, the rules. Adjournment.
The motion passed.
ii