Ordinance No. 1057

Beth Linn

Authorizing the City to issue Industrial Revenue Bonds (Midwest Gateway Ventures, LLC Project), Series 2017B, in an aggregate maximum principal amount not to exceed $18,300,000, for the purpose of financing a warehouse and distribution facility; authorizing the City to enter into a trust indenture with Security Bank of Kansas City, as Trustee; authorizing the City to enter into a base lease and lease agreement with Midwest Gateway Venture, LLC; and authorizing and approving the execution of additional documents and taking of other actions in connection with the issuance of the bonds