ST. MARY – The St. Mary Board of Aldermen will meet in regular session this evening at 6 p.m. at the St. Mary City Hall, 782 Third Street.
This is an open meeting, and the public is invited to attend.
The agenda of this meeting includes:
- Call to Order by Mayor – Adam Bequette
- Pledge of Allegiance to the Flag of the United States of America
- Roll Call by City Clerk
- Approval of Agenda
- Consent Agenda:
- Minutes from Previous Meeting
- Treasurers Report -Approved at March 17, 2026, meeting
- Collectors Report
- Bills for Payment
- City Clerk to pay previously appropriate expenses as they come due as allowed by the budget
- Public Forum:
- UNFINISHED BUSINESS
- First State Community Bank Lease Option Ordinance 26-007
WHEREAS, City of Saint Mary (Lessee), desires to obtain funds to pay the costs of acquiring the Equipment described in the attached Tax-Exempt Equipment Lease Purchase Agreement; and
WHEREAS, in order to facilitate the foregoing and to pay the cost thereof, it is necessary and desirable for Lessee to enter into the Tax-Exempt Equipment Lease Purchase Agreement with First State Community Bank, as Lessor (Lessor), pursuant to which Lessee will lease the Equipment, with an option to purchase, from Lessor, on an annually renewable basis, and commencing on the date Lessor deposits funds equal to the initial principal amount of the Equipment Lease Purchase Agreement into an account held pursuant to the below-mentioned Account Control Agreement, to be used to pay the costs of acquiring and installing the Equipment and to pay related costs; and
WHEREAS, the Equipment is not available for immediate delivery, therefore, it is necessary and desirable for Lessee to also enter into an Account Control Agreement, in substantially the form attached to this Ordinance, pursuant to which the proceeds of the Tax-Exempt Equipment Lease Purchase Agreement will be held by the bank therein-named as Deposit Bank (Deposit Bank), in an account established in Lessee’s name, but subject to Lessor’s security interest and Lessor’s approval of disbursements; and
- NEW BUSINESS
No new business
- Departmental Reports:
Emergency Management- Mayor Adam Bequette
Street Department- Alderman Dr. Zen Duda
Water / Wastewater Department-Mayor Adam Bequette
Park / Cemetery- Alderwoman Rose Rosenzweig
- Anything that may come before the board.
- Citizens Participation Addressed by the Chairman of the Board Sign-up sheet.
Meeting Adjournment
Closed Session due to:
- 610.021 (3) RSMo. Personnel Matters: Hiring, firing, disciplining or promoting particular employees by a public governmental body when personal information about the employee is discussed or recorded.
- 610.021 (1) RSMo. Legal actions, causes of action or litigation involving a public governmental body.