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HomeMy Public PortalAbout14770 Private Development System Repairs Using Forfeited Deposits (12931)ORDINANCE NO. 14770 AN ORDINANCE, appropriating One Million Dollars ($1,000,000.00) from the General Fund of the District to be used to repair discrepancies in unfinished developments in various locations throughout the District. WHEREAS, the funds herein appropriated represent escrow deposits which have been forfeited to the District by developers, and will be used to correct deficiencies in order to bring sewer facilities within District specifications and requirements, and 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 One Million Dollars ($1,000,000.00) is hereby appropriated from the General Fund of the District to be used to repair discrepancies in unfinished developments in various locations throughout the District. Section Two. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing ordinance was adopted on September 14, 2017.