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Votes at a glance: Smithville board approves COP financing, Chapter 353 process and routine resolutions
Summary
At its Aug. 19 meeting the Smithville Board of Aldermen approved emergency COP financing (Series 2025), procedures for Chapter 353 redevelopment requests, and several resolutions (mowing contract amendment, MOU with Smithville Main Street, and temporary agreements), with most measures passing unanimously.
The Smithville Board of Aldermen handled multiple routine and financial items at its Aug. 19 meeting, approving Certificates of Participation financing, city procedures for Chapter 353 redevelopment and several resolutions.
Bill No. 3075-25, an emergency ordinance authorizing Certificates of Participation, Series 2025, and related documents to fund upcoming utility projects, passed both first and second readings by unanimous roll call (6-0). City Administrator Cynthia Wagner said the city participated in an S&P Global ratings call and reported an A-plus long-term debt rating and an affirmed AA- rating on the COPs, which staff said should help secure favorable interest rates for the bond sale.
The board also approved Bill No. 3076-25 (6-0), adopting the city procedure for considering redevelopment plans and tax abatement under Chapter 353 of the Revised Statutes of Missouri. Aldermen approved Bill No. 3077-25 on first reading authorizing destruction of certain records (6-0).
Resolutions approved included Resolution 1505, which amends the mowing contract with Warrior Lawn and Landscape, LLC to add park areas (6-0), and Resolution 1506, authorizing an MOU with the Smithville Main Street District (6-0). Resolution 1504, recorded in the transcript as authorizing the mayor to execute an agreement with Janet Terry and Chris Dunkin for camp host services, carried with one abstention (Alderman Kelly Kobylski).
Other administrative items: City Administrator Cynthia Wagner reported recent police academy graduations and continuing recruitment for vacancies; staff also noted a contractor originally awarded the Commercial Avenue Pedestrian Project has ceased operations and staff are working with attorneys and the state on next steps.
What happens next: Finance staff will proceed with COP sale preparations and report terms to the board; Planning and Zoning and departmental staff will implement contract and MOU details authorized by the board.
