HomeMy Public PortalAbout00005 O R D I N A N C E NO. 5
AN ORDINANCE determining the amount of taxes which
shall be levied, assessed and collected on all taxable tangible
property in the District and apportioning the same between that
part of the District within the corporate limits of the City of
St. Louis, and that part of the District within the corporate
limits of St. Louis County, with an emergency clause:
WHEREAS, after notice of hearing and hearing as
provided in the Plan, and after due consideration to all of the
statements made and facts adduced the Board has found that for the
fiscal year beginning July 1, 1954, it will need and require the
levy and assessment of taxes in the gross amount of $486,779, for
the purposes hereinafter set out, and
WHEREAS, the Board has found that the protection of the
public health of the District will require the immediate
establishment of subdistricts on a watershed basis, and the
immediate preparation of plans and cost estimates for trunk sewer
construction, particularly in the Maline Creek, Gravois Creek and
Coldwater Creek watersheds, and the construction of sewers therein
at the earliest possible date, which construction cannot be
financed without first obtaining a judgment of the Missouri
Supreme Court sustaining the validity (a) of the Plan of the
District, (b) of the authority and powers of the Board of Trustees
and (c) the power of the District validly to issue one or more
forms of securities to secure funds borrowed, and
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WHEREAS, the Board has found that it will be physically
and financially impossible during its first full fiscal year of
its existence to take over the physical operation and maintenance
of all sewers in the District, but finds that it can form a
skeleton organization capable of expansion for that purpose
thereafter, and
WHEREAS, as a result of studies of taxable values of
property in St. Louis and St. Louis County, the Board has found
that an equalization of tax amounts from the City and County to
yield the total sum of $486,779 will require that the tax rate
levied in the City of St. Louis be sufficient to yield the sum of
$330,510 and the tax rate levied in St. Louis County shall be
sufficient to yield the sum of $156,269, and
WHEREAS, the Board finds that in assessing real
property in the City of St. Louis and in St. Louis County the
respective Assessors make their assessments in accordance with the
use to which it is being put at the time of the assessment,
whether agricultural, industrial or other use,
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The amount of taxes which shall be levied
on all taxable tangible property within the corporate limits of
the City of St. Louis for the year 1954 for the payment of the
necessary expenses of the Metropolitan St. Louis Sewer District
shall be $330,510.
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Section Two. The amount of taxes which shall be levied
on all taxable tangible property within that part of the corporate
limits of St. Louis County lying within the District for the year
1954 for the payment of the necessary expenses of the Metropolitan
St. Louis Sewer District shall be $156,269.
Section Three. By reason of the requirement of the
Plan that the amount of taxes to be levied, assessed and collected
in the City of St. Louis and in St. Louis County be certified to
designated City and County officers on or before the fifteenth day
of May, and no funds will be available to the District for the
next fiscal year unless such certification be made, an emergency
exists and this Ordinance shall take effect immediately upon its
enactment.
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The foregoing Ordinance was adopted May 11, 1954.