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Current as of January 01, 2025 | Updated by Findlaw Staff
No later than January thirty-first of each year, the municipality shall file a report with the department of economic development on the previous year's revenue bond issuances and general obligation bond issuances, which report shall contain only the following information:
(1) The name, address, spokesperson, and telephone number of the issuing entity;
(2) The name, address, age, and type of business of the beneficiary firm;
(3) The amount, term, interest rate or rates, and date of issuance of the bonds issued;
(4) The name and address of the underwriter, if any, of such bonds;
(5) The name and address of the guarantor, if any;
(6) The size, by assets and previous year's sales, and the current number of employees, of the beneficiary firm;
(7) A copy of the preliminary official statement used when offering the bonds for sale;
(8) The estimated number of new jobs to be generated by the proposed project;
(9) A list of the use of bond proceeds, including whether the purpose of the project and the funds generated by the issuance of such bonds is to open a new business, build a branch plant, expand an existing facility, or acquire an existing business together with a general description of the real property or personal property purchased by or on behalf of the municipality with such proceeds; and
(10) The estimated total cost of the project.
Cite this article: FindLaw.com - Missouri Revised Statutes Title VII. Cities, Towns and Villages § 100.105. Municipality to file annual report on bond issuances with department, content - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-vii-cities-towns-and-villages/mo-rev-st-100-105/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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