Title
A Resolution of the City of Lee’s Summit, Missouri, affirmatively assenting to the issuance of revenue bonds payable from revenues to be derived from the operation of the Middle Big Creek Subdistrict sewer system in an amount not to exceed $106,000,000 for the purpose of acquiring, constructing, improving or extending sewer system serving the Middle Big Creek Sewer Subdistrict, including, but not limited to the improvements described herein, in accordance with section 204.569(3), revised Missouri Statutes. (PWC 12/13/21)
Body
Issue/Request:
A Resolution of the City of Lee’s Summit, Missouri, affirmatively assenting to the issuance of revenue bonds payable from revenues to be derived from the operation of the Middle Big Creek Subdistrict sewer system in an amount not to exceed $106,000,000 for the purpose of acquiring, constructing, improving or extending sewer system serving the Middle Big Creek Sewer Subdistrict, including, but not limited to the improvements described herein, in accordance with section 204.569(3), revised Missouri Statutes.
Key Issues:
The City of Lee’s Summit and Middle Big Creek Subdistrict to Little Blue Valley Sewer District (LBVSD) have a long-standing service contract for sanitary sewer treatment.
The City of Lee’s Summit is a Member City of the Subdistrict with representation on its Advisory Board
The City of Lee's Summit is a Member City of LBVSD with representation on its Board of Trustees
The plant for the Subdistrict is approaching its maximum capacity
A major pump station which serves Lee's Summit in the Middle Big Creek Sewershed is at its capacity
This Bond Issue will upsize the plant to meet the future needs of those served by the District
This Bond Issue will remove the existing pump station and replace it with a gravity interceptor
Proposed City Council Motion:
[Enter text here]
Background:
The City of Lee's Summit has been a member of the Middle Big Creek Subdistrict (MBC) to the Little Blue Valley Sewer District...
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