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Industrial Development Authority

Regular Meeting

Springfield, MO · November 19, 2024

Agenda

Agenda

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF SPRINGFIELD, MISSOURI AGENDA Date/Time: Tuesday, November 19, 2024, at 3:00 PM Location: Conference Room 2-West, Busch Municipal Building, 840 N Boonville Ave, Springfield, MO 1. Call to Order 2. Approval of minutes from the July 26, 2022 meeting 3. Election of Officers 4. New Business a. Public Hearing regarding the proposed issuance of tax-exempt bonds for the Sankofa Apartments project described in the posted notice of public hearing. b. Consideration and vote on Resolution 2024-01. i. Resolution 2024-01: A resolution authorizing the Industrial Development Authority of the City of Springfield, Missouri to issue its housing revenue bonds, in one or more series on behalf of Sankofa 411, LLC, in the aggregate maximum principal amount of not to exceed $7,000,000, for the purpose of financing a portion of the costs of acquisition, construction and equipping of an approximately 42-unit qualified residential rental project at 411 West Commercial Street and authorizing and approving certain documents and actions in connection with the issuance of the bonds. 5. Other Business 6. Adjourn