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Industrial Development Authority

Regular Meeting

Springfield, MO · April 29, 2025

Agenda

Agenda

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF SPRINGFIELD, MISSOURI AGENDA Date/Time: Tuesday, April 29, 2025, at 1:00 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 November 19, 2024 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 2025-01. i. Resolution 2025-01: A resolution determining the intent of The Industrial Development Authority of the City of Springfield, Missouri to issue its multifamily housing revenue bonds, on behalf of OAHS JB Hughes TC, LLC, in the aggregate amount of not to exceed $20,000,000 for the purpose of financing a portion of the costs of the acquisition and rehabilitation of a 138-unit apartment project, including related and subordinate facilities, located at 2100 North Clifton Avenue, Springfield, Missouri, known as John B. Hughes Apartments. 5. Other Business 6. Adjourn