Globe Sat. 10/12/19)
ORDINANCE NO. 6617
On October 7, 2019, the governing body of the City of Atchison, Kansas passed an ordinance entitled:
AN ORDINANCE AUTHORIZING THE CITY OF ATCHISON, KANSAS TO ISSUE ITS TAXABLE INDUSTRIAL REVENUE BONDS, SERIES 2019 (ATCHISON ANIMAL CLINIC PROJECT) FOR THE PURPOSE OF PAYING THE COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION, FURNISHING AND EQUIPPING OF A COMMERCIAL FACILITY; AND AUTHORIZING CERTAIN OTHER DOCUMENTS AND ACTIONS IN CONNECTION THEREWITH.
The Ordinance authorizes the Issuer to issue its Taxable Industrial Revenue Bonds, Series 2019 (Atchison Animal Clinic Project) in an aggregate principal amount not to exceed $1,400,000 (the “Series 2019 Bonds”), for the purpose of paying the costs of the acquisition, construction, renovation, furnishing and equipping of a commercial facility (the “Project”), as more fully described in the Bond Agreement and in the Lease authorized by the Ordinance. The Project will be leased by the Issuer to Timber Road Real Estate, LLC, a Kansas limited liability company.
A complete text of the Ordinance may be obtained or viewed free of charge at the office of the City Clerk, City Hall, 515 Kansas Avenue, Atchison, Kansas 66002. A reproduction of the Ordinance is available for not less than 7 days following the publication date of this Summary at www.cityofatchison .com.
This Summary is hereby certified to be legally accurate and sufficient pursuant to the laws of the State of Kansas.
DATED: October 7, 2019.
Shawn Rizza, Mayor