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Board Bills

2024-2025 Board Bill 10 — Airport Revenue Bonds

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Summary

This Board Bill seeks to authorize the issuance of up to Three Hundred Twenty Million Dollars ($320,000,000) airport revenue bonds (the “Bonds”). The Bonds will be secured and payable solely from funds pledged under the Amended and Restated Indenture of Trust dated as of July 1, 2009, as amended and supplemented from time to time, including the revenues derived from the operation of the Airport. Proceeds from the sale of the bonds will be used to: (1) finance the cost of the purchasing, extension, improvement or enlargement of the airport, (2) provide for the funding of any required debt service reserve funds and any capitalized interest funds, if any, and (3) pay the costs associated with issuing the Bonds, including premiums for any bond insurance or surety.



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Board Bills

BB 20 – Number not used this session

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BB 20 – Number not used this session



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Board Bills

2024-2025 Board Bill 23 — Grant from the Drinking Water State Revolving Fund (DWSRF)

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Summary

This bill would authorize the Department of Public Utilities to accept grant awards in the amounts of $400,000.00, 200,000.00 and $5,050,000.000, from the Drinking Water State Revolving Fund (DWSRF) administered by the Missouri Department of Natural Resources (MDNR) for the grant purposes to help water systems achieve the health protection objectives of the Safe Drinking Water Act (SDWA) by improving drinking water treatment facilities, fixing leaky or old pipes (water distribution), improving source of water supply, replacing or constructing finished water storage tanks, and other infrastructure projects needed to protect public health; appropriating such funds to the Department of Public Utilities; authorizing the expenditure of such funds to fulfill the obligations of said grant, to the extent such funds are received; and containing an emergency clause.



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Board Bills

Board Bill Number 21 In Session 2024-2025

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Summary

Purpose of the Bill: This bill authorizes and directs the City of St. Louis to let contracts and provide for design, right-of-way acquisition, and construction for the Loughborough Ave. Bridge Over Union Pacific Railroad; Grand Drive Bridge Over Metrolink and Forest Park Parkway; Traffic Management Enhancements Ph. 6 (Dr. Martin Luther King Dr. from Hodiamont Ave. to Grand Blvd.); and 4th St. (Chouteau Ave. to Convention Plaza) and Washington Ave. (3rd St. to 14th St.) Multimodal Improvements. The bill also authorizes the City of St. Louis to enter into supplemental agreements with the Missouri Highway and Transportation Commission, Federal Highway Administration, utilities, railroads, Bi-State Development Agency, Land Clearance for Redevelopment Authority (LCRA), Great Rivers Greenway District (GRG), Greater St. Louis, Inc., and other governmental agencies and parties as necessary for the completion of the projects.



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