HomeMy Public PortalAbout11079O R D I N A N C E NO. 11079
AN ORDINANCE, appropriating Thirty Million Five Hundred
Thousand Dollars ($30,500,000.00) from the Sanitary Replacement Fund
of the District to pay the settlement and related costs for the District’s
1992 User Rate Class Action litigation.
WHEREAS, the Director of Finance has certified that there is an
unencumbered balance in the above-named fund sufficient to pay the
obligation authorized herein,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF
TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of Thirty Million Five Hundred Thousand
Dollars ($30,500,000.00) is hereby appropriated from the Sanitary
Replacement Fund of the District to pay the settlement and related costs
for the District’s 1992 User Rate Class Action litigation.
Section Two. This ordinance, being an appropriation ordinance,
shall take effect immediately contingent upon a favorable ruling by the
United States Supreme Court in the aforesaid 1992 User Rate Class
Action Litigation.
The foregoing Ordinance was adopted September 25, 2001 by the
following vote –
Ayes – M.G. Reichert, C.D. Seward, A.J. Soukenik, and T.W. Purcell.
Nays – None.
Secretary-Treasurer