HomeMy Public PortalAboutORD15040 Bill No. 2012-91
Sponsored by Councilman Schulte
Ordinance No. 15040
AN ORDINANCE APPROVING A PLAN FOR AN INDUSTRIAL DEVELOPMENT PROJECT
FOR UNILEVER MANUFACTURING (US), INC., A DELAWARE CORPORATION,
CONSISTING OF THE ACQUISITION AND INSTALLATION OF NEW EQUIPMENT AT THE
EXISTING PLANT; AUTHORIZING THE CITY OF JEFFERSON, MISSOURI, TO ISSUE
TAXABLE INDUSTRIAL DEVELOPMENT REVENUE BONDS (UNILEVER
MANUFACTURING (US), INC. PROJECT), SERIES 2012, IN A PRINCIPAL AMOUNT NOT
TO EXCEED $23,280,000 TO FINANCE THE COSTS OF SUCH PROJECT; AUTHORIZING
AND APPROVING CERTAIN DOCUMENTS; AND AUTHORIZING CERTAIN OTHER
ACTIONS IN CONNECTION WITH THE ISSUANCE OF THE BONDS.
WHEREAS, The City of Jefferson, Missouri (the"City"), is authorized under the provisions of Article
VI, Section 27 of the Missouri Constitution, as amended, and Sections 100.010 to
100.200, inclusive, of the Revised Statutes of Missouri, as amended (collectively, the
"Act'),to purchase,construct, extend and improve certain projects(as defined in the Act)
for the purposes set forth in the Act and to issue industrial development revenue bonds
for the purpose of providing funds to pay a portion of the costs of such projects and to
lease or otherwise dispose of such projects to private persons or corporations for
manufacturing, commercial, warehousing and industrial development purposes upon such
terms and conditions as the City shall deem advisable; and
WHEREAS, The City, in accordance with Section 100.050 of the Act, has prepared a plan for
industrial development (the "Plan") for Unilever Manufacturing (US), Inc., a Delaware
corporation (the "Company"), with respect to a project consisting of the acquisition and
installation of new equipment at the existing plant (the "Project'), notice of the Project
was given to the taxing jurisdictions in accordance with Section 100.059.1 of the Act and
the City now desires to approve the Plan;and
WHEREAS, The City desires to finance the costs of the Project out of the proceeds of industrial
development revenue bonds to be issued under the Act(the"Bonds");and
WHEREAS, The City has and does hereby find and determine that it is desirable for the economic
development of the City and within the public purposes of the Act that the City proceed
with the issuance of the Bonds for the purpose described above; and
WHEREAS, the City further finds and determines that it is necessary and desirable in connection with
the issuance of the Bonds that the City enter into certain documents, and that the City take
certain other actions and approve the execution of certain other documents as herein
provided;
NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE CITY OF
JEFFERSON,MISSOURI,AS FOLLOWS:
Section 1. Promotion of Economic Development. The Council hereby finds and
determines that the Project will promote the economic welfare and the development of the City, and the
issuance of the Bonds by the City to pay the costs of the Project will be in furtherance of the public
purposes set forth in the Act.
Section 2. Approval of Plan. The Council hereby approves the Plan for Industrial
Development Project attached hereto as Exhibit A in accordance with Section 100.050 of the Act.
Section 3., Authorization and Sale of the Bonds. The City is hereby authorized to issue and
sell its Taxable Industrial Development Revenue Bonds(Unilever Manufacturing(US), Inc. Project), Series
2012, in an aggregate principal amount not to exceed$23,280,000, for the purpose of providing funds to pay
the costs of the Project. The Bonds shall be issued and secured pursuant to the herein authorized Trust
Indenture and shall bear such date, shall mature at such time, shall be in such denominations, shall bear
interest at such rate, shall be in such form, shall be subject to redemption, shall have such other terms and
provisions, shall be issued,executed and delivered in such manner and shall be subject to such provisions,
covenants and agreements as are specified in the Trust Indenture upon the execution thereof, and the
signatures of the officers of the City executing the Trust Indenture shall constitute conclusive evidence of
their approval and the City's approval thereof. The sale of the Bonds to the Company at private sale
pursuant to the provisions of Section 108.170 of Revised Statutes of Missouri, as amended, at the interest
rate and upon the terms set forth in the Trust Indenture is hereby approved.
Section 4. Limited Obligations. The Bonds and the interest thereon shall be limited
obligations of the City payable solely out of the payments, revenues and receipts derived by the City from
the herein authorized Lease Agreement, and such payments, revenues and receipts shall be pledged and
assigned to the Trustee as security for the payment of the Bonds as provided in the Trust Indenture. The
Bonds and interest thereon shall not be deemed to constitute a debt or liability of the City within the
meaning of any constitutional provision, statutory limitation or City Charter provision and shall not
constitute a pledge of the full faith and credit of the City. The issuance of the Bonds shall not, directly,
indirectly or contingently, obligate the City to levy any form of taxation therefor or to make any
appropriation for their payment.
Section S. Approval and Authorization of Documents. The following documents (the
"City Documents") are hereby approved in substantially the forms presented to the Council at this meeting
(copies of which documents shall be filed in the records of the City), and the City is hereby authorized to
execute and deliver the City Documents with such changes therein as shall be approved by the officials of
the City executing such documents, such officials' signatures thereon being conclusive evidence of their
approval thereof-
(a) Trust Indenture dated as of the date set forth therein (the "Trust Indenture"), between the
City and UMB Bank, N.A. (the "Trustee"), pursuant to which the Bonds shall be issued
and the City shall pledge and assign the payments, revenues and receipts received
pursuant to the Lease Agreement to the Trustee for the benefit and security of the owners
of the Bonds upon the terms and conditions as set forth in the Trust Indenture;
(b) Lease Agreement dated as of the date set forth therein (the "Lease Agreement"), between
the City and the Company, under which the City will provide funds for the purchase and
installation of the Project and lease the Project to the Company pursuant to the terms and
conditions in the Lease Agreement, in consideration of rental payments by the Company
which will be sufficient to pay the principal of,premium, if any,and interest on the Bonds;
(c) Bond Purchase Agreement dated as of the date set forth therein, between the City and the
Company,pursuant to which the Company agrees to purchase the Bonds; and
2
(d) Performance Agreement dated as of the date set forth therein, between the City and the
Company, pursuant to which the City has granted the Company certain rights with
respect to the abatement of ad valorem personal property taxes on the Project in
consideration for the Company's expectation to maintain a certain level of employment at
the Project site.
Section 6. Execution of Documents. The Mayor is hereby authorized and directed to
execute the Bonds and to deliver the Bonds to the Trustee for authentication for and on behalf of and as the
act and deed of the City in the manner provided in the Indenture. The Mayor is hereby authorized and
directed to execute the City Documents and such other documents, certificates and instruments as may be
necessary or desirable to carry out and comply with the intent of this Ordinance, for and on behalf of and as
the act and deed of the City. The City Clerk is hereby authorized and directed to attest to and affix the seal
of the City to the Bonds and the City Documents and such other documents, certificates and instruments as
may be necessary or desirable to carry out and comply with the intent of this Ordinance.
Section 7. Further Authority. The City shall, and the officials, agents and employees of the
City are hereby authorized and directed to, take such further action, and execute such other documents,
certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this
Ordinance and to carry out, comply with and perform the duties of the City with respect to the Bonds and
the City Documents.
Section 8. Effective Date. This Ordinance shall take effect and be in full force and effect
from and after its passage by the City Council and approval by the Mayor.
Passed: .!/, ,� � � Approved:
Presiding Officer Mayor
A T: APPROVED AS TO FORM:
ot l
City Clerk City ounselor
3
EXHIBIT A
TO ORDINANCE NO. 15040
PLAN FOR INDUSTRIAL DEVELOPMENT PROJECT
FOR UNILEVER MANUFACTURING(US),INC.
1. Description of the Project. The Project consists of the acquisition and installation of a
equipment (the "Project")that will include new packaging lines and processing equipment at the existing
plant in the City at 2900 W. Truman Blvd., Jefferson City, Missouri. The Project will be leased from the
City to the Company pursuant to a lease agreement that will provide the Company an option to purchase
the Project. The Project will further the economic development and employment in the City, other local
taxing districts and the State of Missouri, and it will further the general welfare of the City, said taxing
districts and the State of Missouri. The Project is expected to result in the creation of 61 new jobs.
2. Estimate of the Cost of the Project. The Company has estimated investment in the
equipment comprising the Project to be approximately $23,280,000. The cost-benefit analysis attached as
Exhibit 1 is based on the expected total investment of$23,280,000.
3. Source of Funds to be Expended for the ProLct. The source of funds to be expended
for the Project will be proceeds of the sale of taxable industrial development revenue bonds(the"Bonds")
to be issued by the City. The Bonds shall be issued upon such terms, in such amounts and at such time as
shall be satisfactory to the City and the Company.
4. Statement of the Terms Upon Which the Proiect is to be Leased and Otherwise
Disposed of by the County. The Project will be leased by the City to the Company in accordance with
the terms of a lease agreement(the "Lease") for lease payments equal to the principal and interest on the
proposed Bonds. The Company will have the option to purchase the Project at the termination of the
Lease. The Bonds will be payable solely from the revenues derived by the City from the Lease or other
disposition of the Project and the Bonds will not be an indebtedness or general obligation, debt or liability
of the City. The Lease will be for a term ending in the final year of tax abatement provided.
5. Affected Taxing Jurisdictions:
• Jefferson City School District
• City of Jefferson
• Cole County(General Revenue and Road and Bridge levies)
• Missouri River Regional Library District
• Handicap Board
• State of Missouri Blind Pension Fund
6. Equalized Assessed Valuation. The most recent equalized assessed valuation on the
personal property included in the Project, as of January 1, 2012, was $0. No real property is included in
the Project. An estimate as to the equalized assessed valuation of personal property included in the
Project after development is $2,759,275.30 for property acquired in 2012 and $4,162,699.80 for property
acquired in 2013. Although there may be improvements to real property as a result of the Project, the
Project only consists of, and the Bond proceeds will only pay for costs associated with, personal property.
A-1
7. Cost-Benefit Analysis. Attached hereto as Exhibit 1 is an analysis of the costs and
benefits of the initial Project investment on each taxing district over a period of ten years. The Company
has been offered full tax abatement on all costs financed with the Bonds for a period of five years. For
property acquired in 2012, full abatement will occur from 2013 through 2017 and for property acquired in
2013, full abatement will occur from 2014 through 2018. The projections therein are estimates based on
numerous assumptions (as described in Exhibit 1). The actual revenues generated from the Project may
be significantly different from those shown in the exhibits.
8. Payments in Lieu of Taxes. Because the Company has been offered full tax abatement
on all costs financed with the Bonds for a period of five years beginning in the year after acquisition, no
payments in lieu of taxes are expected to be made. However, if the Company fails to create and maintain
61 new jobs, the company will be required to begin making payments in lieu of taxes in an amount
determined by a formula taking into account the actual number of new jobs created compared to the
projected number of new jobs.
A-2
SCHEDULE 1
To Ordinance No. 15040
COST BENEFIT ANALYSIS
PREPARED BY GILMORE&BELL,P.C.
PLAN FOR INDUSTRIAL DEVELOPMENT PROJECT
FOR UNILEVER MANUFACTURING(US),INC.
1. Description of the Proiect. The Project consists of the acquisition and installation of a
equipment (the "Project") for Unilever Manufacturing (US), Inc. (the "Company") that will include new
packaging lines and processing equipment at the existing plant in the City at 2900 W. Truman Blvd.,
Jefferson City, Missouri. The Project will be leased from the City to the Company pursuant to a lease
agreement that will provide the Company an option to purchase the Project. The Project will further the
economic development and employment in the City, other local taxing districts and the State of Missouri,
and it will further the general welfare of the City, said taxing districts and the State of Missouri. The
Project is expected to result in the creation of 61 new jobs.
2. Estimate of the Cost of the Proiect. The Company has estimated investment in the
equipment comprising the Project to be approximately $23,280,000. The cost-benefit analysis attached as
Exhibit 1 is based on the expected total investment of$23,280,000.
3. Source of Funds to be Expended for the Proiect. The source of funds to be expended
for the Project will be proceeds of the sale of taxable industrial development revenue bonds(the"Bonds")
to be issued by the City. The Bonds shall be issued upon such terms, in such amounts and at such time as
shall be satisfactory to the City and the Company.
4. Statement of the Terms Upon Which the Project is to be Leased and Otherwise
Disposed of by the County. The Project will be leased by the City to the Company in accordance with
the terms of a lease agreement(the"Lease")for lease payments equal to the principal and interest on the
proposed Bonds. The Company will have the option to purchase the Project at the termination of the
Lease. The Bonds will be payable solely from the revenues derived by the City from the Lease or other
disposition of the Project and the Bonds will not be an indebtedness or general obligation,debt or liability
of the City. The Lease will be for a term ending in the final year of tax abatement provided.
5. Affected Taxing Jurisdictions:
• Jefferson City School District
• City of Jefferson
• Cole County (General Revenue and Road and Bridge levies)
• Missouri River Regional Library District
• Handicap Board
• State of Missouri Blind Pension Fund
6. Equalized Assessed Valuation. The most recent equalized assessed valuation on the
personal property included in the Project, as of January 1, 2012, was $0. No real property is included in
the Project. An estimate as to the equalized assessed valuation of personal property included in the
Project after development is $2,759,275.30 for property acquired in 2012 and $4,162,699.80 for property
acquired in 2013. Although there may be improvements to real property as a result of the Project, the
Project only consists of, and the Bond proceeds will only pay for costs associated with,personal property.
7. Cost-Benefit Analysis. Attached hereto as Exhibit 1 is an analysis of the costs and
benefits of the initial Project investment on each taxing district over a period of ten years. The Company
has been offered full tax abatement on all costs financed with the Bonds for a period of five years. For
property acquired in 2012, full abatement will occur from 2013 through 2017 and for property acquired in
2013, full abatement will occur from 2014 through 2018. The projections therein are estimates based on
numerous assumptions (as described in Exhibit 1). The actual revenues generated from the Project may
be significantly different from those shown in the exhibits.
8. Payments in Lieu of Taxes. Because the Company has been offered full tax abatement
on all costs financed with the Bonds for a period of five years beginning in the year after acquisition, no
payments in lieu of taxes are expected to be made. However, if the Company fails to create and maintain
61 new jobs, the company will be required to begin making payments in lieu of taxes in an amount
determined by a formula taking into account the actual number of new jobs created compared to the
projected number of new jobs.
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EXHIBIT 1
COST BENEFIT ANALYSIS
PREPARED BY GILMORE& BELL,P.C.
Unilever Manufacturing(US), Inc.
COST BENEFIT ANALYSIS
PLAN FOR INDUSTRIAL DEVELOPMENT PROJECT
GILMOD 'EBELL
EXHIBIT 1
Summary of Tax Impact Analysis
(Over 10 Years)
Tax Revenue Tax Revenue
Without Received in Years
Abatement Over 10 6- 10 After Value of
Taxing Jurisdiction Years Abatement Ends Abatement
Jefferson City Public Schools $ 970,470.11 $ 149,269.92 $ 821,200.19
City of Jefferson 146,771.41 22,575.20 124,196.21
Cole County- General Revenue 30,378.32 4,672.57 25,705.75
Cole County- Road and Bridge 71,261.04 10,960.78 60,300.26
State of Missouri 7,917.90 1,217.88 6,700.02
Missouri River Regional Library 52,178.94 8,025.75 44,153.19
Cole County Special Services(Senate Bill 40) 23,489.76 3,613.01 19,876.75
$ 1,302,467.48 $ 200,335.11 $ 1,102,132.37
Ex 1-1
EXHIBIT 2
Projected Tax Revenues Without Abatement
(Personal Property)
Estimated Assessed Value of Personal Property S 2,759,275 S 6,330,812 S 4,974,509 S 3,995,256 S 2,945,606 S 1,995,957 S 1,165,900 S 775,224 S 775,224 S 775,:24
Tax Rate per
Taxing Jurisdiction $100 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Total
Jefferson City Public Schools 3.6770 S 101,45835 $ 232,78196 S 182,912.68 S 143,228.55 S 108,309.94 S 73,391.33 S 42,870.13 S 28,504.99 S 28,504.99 S 28,504.99 S 970,470.11
City o0efferson 0.5561 15,344.33 35,205.65 27,663.24 21,661.52 16,380.52 11,099.52 6,483.57 4,311.02 4,311.02 4,311.02 146,771.41
Cole County-General Revenue 0.1151 3,175.93 7,286.76 5,725.66 4,483.44 3,390.39 2,297.35 1,341.95 892.28 892.28 89228 30,378.32
Cole County-Road and Bridge 0.2700 7,450.04 17,093.19 13,431.17 10,517.19 7,953.14 5,389.08 3,147.93 2,093.10 2,093.10 2,093.10 71,261.04
State of Missouri 0.0300 827.78 1,899.24 1,492.35 1,168.58 883.68 598.79 349.77 232.57 232.57 232.57 7,917.90
Missouri River Regional Library 0.1977 5,455.09 12,516.02 9,834.60 7,700.92 5,823.46 3,946.01 2,304.98 1,532.62 1,532.62 1,532.62 52,178.94
Cole County Special Services(Senate Bill 40) 0.0890 2,455.76 5,634.42 4,427.31 3,466.78 2,621.59 1,776.40 1,037.65 689.95 689.95 689.95 23,489.76
4.9349 S 136,167.48 S 312,419.24 S 245,487 01 S 192,22698 S 145,362 72 S 98,498.48 S 57,535.98 S 38,256.53 S 38,256.53 S 38,256.53 S 1,302,467.48
Estimated Assessed Value of Personal Property
Year Acquired Original Cost 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
2012 9,280,000 2,759,275.30 2,168,112.38 1,703,649.31 1,325,094.91 946,540.51 567,986.11 309,024.00 309,024.00 309,02400 309,024.00
2013 14,000,000 - 4,162,699.80 3,270,859.20 2,570,160.60 1,999,065.60 1,427,970.60 856,875.60 466,200.00 466,200.00 466,200.00
23,280,000 2,759,275.30 6,330,812.18 4,974,508.51 3,895,255.51 2,945,606.11 1,995,956.71 1,165,899.60 775,224.00 775,224.00 775,224.00
Ex2-I
EXHIBIT 3
Projected Value of Abatement
(Personal Property)
Estimated Assessed Value of Personal Property
Purchased in 2012 S 2,759,275 S 2,168,112 S 1,703,649 $ 1,325,095 $ 946,541 S 567,986 S 309,024 S 309,024 S 309,024 S 309,024
Abatement Percentage 100.00% 100.001/6 100.00% 100.00% 100.001/6 0.001% 0.001/6 0.00% 0.00% 0.00%
Estimated Assessed Value of Personal Property
Purchased in 2013 4,162,699.80 3,270,859.20 2,570,160.60 1,999,065.60 1,427,970.60 856,875.60 466,200.00 466,200.00 466,200.00
Abatement Percentage 100.00% 100.00% 100.001/6 100.00% 100.00'/0 0.00% 0.00% 0.00°/ 0.00%
Tax Rate per
Personal Property Abatement Distribution $100 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Total
Jefferson City Public Schools 3.6770 S 101,458.55 S 232,783.96 S 182,91168 $ 143,228.55 $ 108,309.93 S 52,506.48 $ s - S - S $ 821,200.15
City oflcfferson 0.5561 15,344.33 35,205.64 27,663.24 21,661.51 16,380.51 7,940.94 124,196.17
Cole County-General Revenue 0.1151 3,175.93 7,286.77 5,725.66 4,48343 3,390.39 1,643.59 25,705.77
Cole County-Road and Bridge 0.2700 7,450.04 17,093.19 13,431.17 10,517.19 7,953.14 3,855.52 60,300.25
State of Missouri 0.0300 827.78 1,899.24 1,492.35 1,168.58 883.68 428.39 - - - - 6,700.02
Missouri River Regional Library 0.1977 5,455.09 12,516.02 9,834.60 7,700.92 5,823.46 2,823.10 44,153.19
Cole County Special Services(Senate Bill 40) 0.0890 2,455.76 5,634.42 4,427.31 3.46677 2,621.59 1,270.89 19,876.74
4.9349 S 136,16748 $ 312,419.24 S 245,487.01 S 192,226.95 $ 145,362.70 S 70,468.91 S S S S S 1,102,132.29
Ex3-I
EXHIBIT 4
Projected Taxes After Abatement Ends
(Personal Property)
Estimated Assessed Value of Personal Property
Purchased in 2012 S 2,759,275 S 2,168,112 S 1,703,649 S 1,325,095 S 946,541 S 567,986 S 309,024 S 309,024 S 309,024 $ 309,024
Taxed Paid 0.00% 0.00% 0.001/. 0.00% 0.001/6 100.00% 100.001/. 100.001/6 100.00% 100.00%
Estimated Assessed Value of Personal Property
Purchased in 2013 - 4,162,699.80 3,270.859.20 2,570,160.60 1,999,065.60 1,427,970.60 856,875.60 466,200.00 466,200.00 466,200.00
Taxes Paid 0.00% 0.00% 0.00% 0.00°/. 0.001/. 100.00% 100.00% 100.00% 100.00%
ax Kate per
Taxing Jurisdiction $100 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Total
Jefferson City Public Schools 3.6770 $ - S - $ - S - S - S 20,884.85 S 42,870.13 S 28,504.98 S 28,504.98 S 28,504.98 S 149,269.92
City of Jefferson 0.5561 3,158.57 6,48157 4,311.02 4,311.02 4,311.02 22,575.20
Cole County-General Revenue 0.1151 653.75 1,341.95 892.29 892.29 892.29 4,672.57
Cole County-Road and Bridge 0.2700 1,533.56 3,147.92 2,093.10 2,093.10 2,093.10 10,960.78
State of Missouri 0.0300 170.40 34977 23257 232.57 23257 1,217.88
Missouri River Regional Library 0.1977 - - - - - 1,122.91 2,304.98 1,53162 1,532.62 1,532 62 8,025.75
Cole County Special Services(Senate Bill 40) 0.0890 505.51 1,037.65 689.95 689.95 689.95 3,613.01
4.9349 S S S $ S S 28,029.55 $ 57,535.97 S 38,25653 S 38,256.53 S 38,25653 S 200,335.11
Ex4- I
OTHER OFFICES: GILMOkEBELL GILMORE&BELL PC-ATTORNEYS AT LAW JACOB S.LowRv
ST.LOUIS,MISSOURI 2405 GRAND BOULEVARD,SUITE 1100 Direct Dial: 816-218-7559
WICHITA,KANSAS KANSAS CITY,MISSOURI 64108-2521 E-Mail: jlowry@gilmorebell.com
LINCOLN,NEBRASKA
816-221-1000
FACSIMILE:816-221-1018
January 29,2013
Ms. Phyllis Powell Mr.Tim Caby
City Clerk Unilever Supply Chain,Inc.
City of Jefferson,Missouri 2900 W.Truman Blvd.
320 E. McCarty Jefferson City,MO 65109
Jefferson City,MO 65101
Michael J.Book,Esq.
Mr.Victor Zarrilli Katie Logan,Esq.
UMB Bank,N.A. Lathrop&Gage LLP
2 South Broadway, Suite 435 10851 Mastin,Bldg. 82, Ste. 1000
St. Louis,MO 63102 Overland Park,KS 66210
Re: $23,280,000 City of Jefferson, Missouri Taxable Industrial Development Revenue Bonds
(Unilever Supply Chain,Inc. Project), Series 2012
Dear Phyllis and Gentlemen:
In connection with the above-referenced bond issue, enclosed is a CD-Rom containing the
Transcript of Proceedings. In addition for the Company, we enclose a paper transcript and an extra CD-
Rom. For UMB, we enclose an extra CD-Rom. For the City, we also enclose Document 9 — Annual
Activity Report for Municipalities — to include behind Tab 9 in the paper transcript we had previously
forwarded to you.
It was a pleasure to work with all of you. If you have any questions,please do not hesitate to call.
Very truly yours,
eu' QM
J b S.Lowry
JSL/djs
Enclosure
Copy
RBy MM "
(SUml§& URI N *kI 20,1
C DEV EIAPtvlbTdf
ANNUAL ACTIVITY REPORT FOR MUNICIPALITIES CALENDAR YEAR 2012
Pursuant to Section 100.105 RSMo,a municipality is required to file the following report wth the DepartrneM of Economic Development on the previous year's
revenue bond issuances and eneral obligation bond Assuan es.The must be filed no later Nan Janua 31�of the ear followIn the issuance.
COMPLETE ONE FORM FOR EACH BOND ISSUE PLEASE TYPE OR PRIN
PART I-MUNICIPALITY
1 NAME OF MUNICIPALITY
City of Jefferson,Missouri
STREET PO BOX G OR TOWN 7JP DODE
320 East McCarty Street Jefferson City 65101
2 NAME OF MUNICIPAUTY SPOKESPERSON TITLE TELEPHONE
Nathan Nickolaus,Esq. City Administrator (573)634-6410
PART 11-CHARACTERISTICS OF BONDS
1 PROIECTALIEDUTIONNUMaER(IFAPPLICABLE) 2 NAME OF BENEFICIARY FIRM FOR WHICH BONDS WERE ISSUED
n/a I Unilever Manufacturing (US),Inc.
3 SENEFIGARY FIRM STREET ADDRESS PO BOX CITYORTOWN LPCODE
2900 W.Truman Boulevard Jefferson City,MO 65101
4 AGE OF BUSINESS OF BENEFICIARY FIRM(NO OF YRS) 5 YPE OF BUSINESS OF BENEFICIARY FIRM(SIC OR MICE C)
46years 325611
8 ETSOFBENEFIC"YFIRM(ALLLOCATIONS,WHEREVERLOCATEO)
$189,000,000 —
7 PREVIOUS YEAR'S S ALES OF BUSINESS FOR WHICH BONDS WERE ISSUED(ALL LOCATIONS.WHEREVER LOCATED)
$1,000,000,000
8 TOTAL NO OF EMPLOYEES OF BUSINESS FOR WHICH BONDS WERE ISSUE (ALL LOCATIONS,WHEREVER LOCATED) B U S CONGRESSIONAL DISTRICT PROJECT IS LOCATED IN
370 4th
PART III-CHARACTERISTICS OF BOND ISSUE
1 TOTAL AMOUNT OF THE BONDS ISSUED 2 COTE OF ISSUANCE
$23,280,000 1 12/19/2012
3 INTEREST RATEIS)OF BONDS(ATTACH MATURITY SCHEDULE,IF NECESSARY) 4 TERMOFBON01 UE(EG,PRINCIPALAM TMATION PERIOD)
5.00% Onematurity- 12/1/2018
5 NAMEANDADDRESSOFUNDERWRRER(S),IFANY
n/a
8 NAMEANDAOCRESSOFGUARANrCRS(S),IFANY
n/a
7 ESTIMATED NUMBER OF NEW JOBS TO BE GENERATED BY THE PROPOSED PROJECT
INITIALLY 0 ULTIMATELY f1 NOTAPPLICABLE ❑
B T ESTIMATE COST OF THE PROPOSED PROJECT 10 TYPE OF PROJECT(CHECK ONE)
p23,280,000
9. DISPOSITION OF BOND PROCEEDS ESTIMATED ❑ NEW BUSINESS
A) LAND
❑ ESTABLISHMENT OF BRANCH/PLANT BUSINESS
B) BUILDINGS
❑ACQUISITION OF EXISTING BUSINESS
C) MACHINERY&EQUIPMENT $23,280,000 ® EXPANSION OF EXISTING BUSINESS
D) ISSUANCE EXPENSES
❑ REFINANCING OF EXISTING BUSINESS
E) OTHER
PART IV-SUBMISSIONS
1. Attach y of the ripyins1rumont,If any.
2. Atta Y DO elirp(nary official statement if any,used when offering the bonds for sale.
SIGNAT CF ICIP R N
RETURN NO LATER THAN JANUARY 31 TO:
Department of Economic Development, Legal Unit
GATE 301 West High Street,Room 680
P.O.Box 1157
Jefferson City,MO 65102
Mou w,x Uan