WESTSIDE INTERMODAL TRANSPORTATION CORPORATION (THE "CORPORATION") IS A NONPROFIT PUBLIC BENEFIT CORPORATION FORMED IN 2001 WITHIN THE MEANING OF THE MISSOURI NONPROFIT CORPORATION ACT, UNDER APPROVAL AND AUTHORIZATION OF THE MISSOURI HIGHWAYS AND TRANSPORTATION COMMISSION. THE CORPORATION IS AUTHORIZED BY THE ACT TO ISSUE BONDS FOR THE PURPOSE OF PAYING THE COSTS OF "PROJECTS" AS DEFINED BY THE MISSOURI TRANSPORTATION CORPORATION ACT.
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