Axium Packaging Industrial Revenue Bonds Authorized
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Description
The Board of Aldermen approved Ordinance 8187 authorizing issuance of Taxable Industrial Revenue Bonds for Axium Packaging’s industrial development projects, with principal amounts up to $24.8 million for real property and $24.7 million for personal property. The bonds will finance acquisition, construction, and equipping of Axium’s facilities in the city and authorize related agreements.
Contract Details
Contract Amount
Taxable Industrial Revenue Bonds not to exceed $24,800,000 (Real Property Project) and $24,700,000 (Personal Property Project)
Vendor
AXIUM PACKAGING
Agency
City of St. Peters, MO
Contract Type
FINANCIAL_SERVICES
Document Date
August 28, 2025
Renewal Info
Bond documents and related agreements may include customary renewal or extension provisions, but none are specified in the minutes.
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