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HomeMy Public PortalAbout13329ORDINANCE NO. 13329 AN ORDINANCE, amending Ordinance No. 13316, as adopted September 28, 2011, by repealing Section Three and enacting a new Section Three in lieu thereof, pertaining to determining the amount of taxes which shall be levied, assessed, and collected in the year 2011 on all taxable tangible property in the District within the corporate limits of the City of St. Louis and St. Louis County, respectively. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. Section Three of Ordinance No. 13316, as adopted September 28, 2011, is hereby repealed. Section Two. Section Three of Ordinance No. 13316 shall read as follows: “Section Three. In The Metropolitan St. Louis Sewer District, for the purposes of operation and maintenance of said existing public stormwater facilities, and for the anticipated tax delinquencies during the fiscal year beginning July 1, 2011, the amount of taxes which shall be levied, assessed, and collected in the year 2011 on all taxable tangible property in said District shall be Nine Million Nine Hundred Eighty-two Thousand Twenty-two Dollars ($9,982,022.00), which total sum will be produced by the rate of six point three three cents (.0633) per one hundred dollars assessed valuation for residential property, six point three three cents (.0633) per one hundred dollars assessed valuation for agricultural property, six point three three cents (.0633) per one hundred dollars assessed valuation for commercial property and six point three three cents (.0633) per one hundred dollars assessed valuation for personal property, and of which total sum Two Million Eight Hundred Twenty-two Thousand Three Hundred Thirty-Seven Dollars ($2,822,337.00), shall be levied, assessed, and collected on taxable tangible property in said District within the corporate limits of the City of St. Louis, and of which total sum Seven Million One Hundred Fifty-nine Thousand Six Hundred Eighty-five Dollars ($7,159,685.00), shall be levied, assessed, and collected on taxable tangible property within that part of the corporate limits of St. Louis County lying within the original boundaries of the District, as described in the Charter of the District, and within the areas described in the annexation ordinances listed in District Ordinance No. 3753, adopted April 11, 1979. These funds are to be allocated to the Stormwater Operations & Maintenance Fund.” The foregoing Ordinance was adopted October 13, 2011.