HomeMy Public PortalAbout12721O R D I N A N C E NO. 12721 AN ORDINANCE, appropriating Forty-five Thousand Dollars
($45,000.00) from the General Fund of the District for an Update Feasibility Study
to Support Debt Financing for the planned sale of sewer revenue bonds; and
authorizing the Executive Director and Secretary-Treasurer on behalf of The
Metropolitan St. Louis Sewer District to enter into a contract with Black & Veatch
Corporation whereby Black & Veatch Corporation will perform said financial
feasibility study.
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 Forty-five Thousand Dollars ($45,000.00) is
hereby appropriated from the General Fund of the District for an Update Feasibility
Study to Support Debt Financing for the planned sale of sewer revenue bonds.
Section Two. The Executive Director and Secretary-Treasurer are
hereby authorized on behalf of The Metropolitan St. Louis Sewer District to enter
into a contract with Black & Veatch Corporation whereby Black & Veatch
Corporation will perform a financial feasibility study for the planned sale of sewer
revenue bonds.
Section Three. The contract authorized in Section Two of this
ordinance shall be comprised of such terms and conditions as are approved by the
office of the General Counsel of the District.
Section Four This ordinance being an appropriation ordinance, shall
take effect immediately upon its enactment.
The foregoing Ordinance was adopted August 14, 2008.