Ordinance 70185

Summary

BOARD BILL 268 INTRODUCED BY ALDERMEN SCOTT OGILVIE AND THOMAS A. VILLA, ALDERWOMAN CHRISTINE INGRASSIA AN ORDINANCE PROVIDING FOR AND DIRECTING THE SUBMISSION TO THE QUALIFIED ELECTORS OF THE CITY OF ST. LOUIS AT A SPECIAL BOND ELECTION TO BE HELD IN SAID CITY ON THE 5TH DAY OF APRIL, 2016, OF A PROPOSAL FOR THE INCURRING OF INDEBTEDNESS AND THE ISSUANCE OF BONDS OF SAID CITY IN EVIDENCE THEREOF IN THE AGGREGATE AMOUNT OF NOT TO EXCEED TWENTY-FIVE MILLION DOLLARS ($25,000,000) UPON THE ASSENT TO THE SAID PROPOSAL OF TWO-THIRDS OF THE QUALIFIED ELECTORS OF SAID CITY VOTING THEREON, AND CONTAINING AN EMERGENCY CLAUSE.

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