HomeMy Public PortalAbout11943O R D I N A N C E NO. 11943 AN ORDINANCE, appropriating the total sum of Five Million Six
Hundred Fifty Thousand Twenty-one Dollars ($5,650,021.00) as follows: Three
Million Six Hundred Ninety-four Thousand Sixty-three Dollars ($3,694,063.00) from
the General Fund of the District, and One Million Nine Hundred Fifty-five
Thousand Nine Hundred Fifty-eight Dollars ($1,955,958.00) from the Emergency
Fund, and transferring said total sum to the Water Backup Insurance and
Reimbursement Fund to provide water backup insurance and reimbursement for
basement backups.
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 total sum of Five Million Six Hundred Fifty
Thousand Twenty-one Dollars ($5,650,021.00) is hereby appropriated as follows:
Three Million Six Hundred Ninety-four Thousand Sixty-three Dollars
($3,694,063.00) from the General Fund of the District, and One Million Nine
Hundred Fifty-five Thousand Nine Hundred Fifty-eight Dollars ($1,955,958.00)
from the Emergency Fund, and said total sum is hereby transferred to the Water
Backup Insurance and Reimbursement Fund to provide water backup insurance
and reimbursement for basement backups.
Section Two. This ordinance, being an appropriation ordinance, shall
take effect immediately upon its enactment.
The foregoing Ordinance was adopted February 10, 2005.