HomeMy Public PortalAbout11572O R D I N A N C E NO. 11572
AN ORDINANCE, repealing Ordinance No. 11554, as adopted
July 24, 2003, in order to postpone the bond election as scheduled for
November 4, 2003, in The Metropolitan St. Louis Sewer District, with an
emergency clause.
WHEREAS, through Ordinance No. 11554, as adopted July 24,
2003, the Board of Trustees of The Metropolitan St. Louis Sewer District
called for a bond election to be held on November 4, 2003, in The
Metropolitan St. Louis Sewer District on the proposition whether to issue
Five Hundred Million Dollar ($500,000,000.00) principal amount of sewer
revenue bonds, and
WHEREAS, the Board of Trustees now believes that the public
would be better served if said election were postponed,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF
TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. Ordinance No. 11554, as adopted July 24, 2003, is
hereby repealed in order to postpone the bond election as scheduled for
November 4, 2003, in The Metropolitan St. Louis Sewer District.
Section Two. The General Counsel and staff of The
Metropolitan St. Louis Sewer District are hereby directed to pursue any and
all legal actions as may be necessary to effect the postponement of said bond
election.
Section Three. Ordinance No. 11554, as hereinabove repealed,
mandated that the District's bond election be placed on the November 4,
2003, election ballots, and in order to do so, the District was to serve formal
notice of said election to the Boards of Election Commissioners of St. Louis
City and St. Louis County, respectively, and in order to rescind the mandate
of said Ordinance No. 11554, the repeal of said Ordinance must proceed
without delay, thus creating an emergency within the meaning of the
District's Charter. Accordingly, this Ordinance shall take effect immediately
upon its enactment.
The foregoing Ordinance was adopted August 26, 2003.