On second reading the Board of Aldermen approved Bill 25-48, authorizing the City of Osage Beach to issue taxable industrial revenue bonds for the Anglers Outpost project in a principal amount not to exceed $13,000,000.
City Attorney Cole Bradbury told the board he had nothing further to add and noted that Mark Spicherman was present for questions. No substantive debate occurred on the ordinance during the meeting. A motion to approve second reading was made by Alderman Rucker and seconded; the item passed on a roll-call vote with all members recorded in favor.
The ordinance authorizes the city to enter agreements and take related actions in connection with issuing the bonds; the record at this meeting did not include detailed bond terms, project construction schedules or financing contingencies. Those details will be resolved in the financing documents and subsequent administrative steps.
Formal action: motion to approve second reading, seconded and approved unanimously on roll call. The transcript does not record amendments or additional conditions associated with the ordinance.