Industrial Revenue Bonds Missouri

The taxable bond program provides competitive rate loans to qualified borrowers through the issuance of private activity industrial revenue bonds by the board.

Industrial revenue bonds missouri. Sections 100 010 to 100 200 of the revised statutes of missouri chapter 100 authorize municipalities counties towns and villages to issue industrial development bonds which are revenue bonds used to finance industrial development projects for private corporations partnerships or individual companies. Mba staff august 1 2018 august 2 2018 0 comments bayer crop science bonds industrial revenue bonds kansas city council trulaskeatrium bayer crop science is planning a 42 7 million expansion of its manufacturing facility in kansas city. Industrial revenue bonds irb are municipal debt securities issued by a government agency on behalf of a private sector company and intended to build or acquire factories or other heavy equipment. Under chapter 100 the city issues bonds to finance real and or personal.

The tax exempt program provides low interest rate loans to qualified borrowers through the issuance of tax exempt revenue bonds by the missouri development finance board. It is rare in missouri for a city or county to issue general obligation industrial development bonds. Refinancing outstanding tax exempt bonds. This program is an innovative method of financing i.

The missouri development finance boards single issue tax exempt industrial revenue bond program the tax exempt program is an innovative method of financing i the acquisition construction and equipping of qualified manufacturing production facilities and or equipment and ii refinancing outstanding tax exempt bonds. Under the industrial chapter 100 program benefits revenue bond structure where rental payments un. Mdfb single issue tax exempt industrial revenue bonds. Real time data on all cusips the latest muni bond news the ins and outs of bond investing and track your municipal bond portfolio at the premier site for municpal bond investors.

Missouri law authorizes municipalities counties towns and villages to issue industrial revenue bonds to finance industrial development projects for private corporations partnerships or individual companies. Like the board s guarantee loan program and tax exempt industrial revenue bond program this single issue program works closely with missouri financial institutions.