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Ordinance

Ordinance No. 1036

An ordinance authorizing the City of Edgerton, Kansas, to issue industrial revenue bonds (elhc XIV, LLC project) series 2016, in an aggregate maximum principal amount not to exceed $25,000,000, for the purpose of providing funds to pay the remaining cost of a warehouse and distribution facility, including land, buildings, structures, improvements, fixtures, machinery and equipment; authorizing the city to enter into a first supplemental trust indenture; authorizing the city to enter into a first supplemental base lease agreement and a first supplemental lease agreement; authorizing the city to enter into a bond purchase agreement, and authorizing and approving the execution of certain documents and the taking of other actions in connection with the issuance of the bonds