Ordinance No. 1058

Rachel

Authorizing the City of Edgerton to issue Industrial Revenue Bonds (ELHC XXI, LLC Project), Series 2017, in an aggregate maximum principal amount not to exceed $38,000,000, for the purpose of financing a warehouse and distribution facility; authorizing the City to enter into a trust indenture with UMB Bank, N.A. as trustee; authorizing the City to enter into a Base Lease and Lease Agreement with ELHC XXI, LLC; and authorizing and approving the execution of additional documents and the taking of other actions in connection with the issuance of the bonds