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HomeMy Public PortalAbout00065 O R D I N A N C E NO. 65 AN ORDINANCE determining the amount of taxes which shall be levied, assessed and collected on all taxable tangible property in the Maline Creek Trunk Subdistrict of The Metropolitan St. Louis Sewer District; 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, 1956, it will need and require the levy and assessment of taxes in the Maline Creek Trunk Subdistrict to yield total revenues of One Hundred Forty Thousand ($140,000.00) Dollars, which sum will be produced by the rate of twenty cents per one hundred dollars ($100.00) of valuation, for the purposes hereinafter set forth, 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 that part of the corporate limits of St. Louis County lying within the Maline Creek Trunk Subdistrict as defined and delineated by District Ordinance No. 26, adopted June 26, 1955, for the year 1956 for the payment of bond interest on bonds of the Maline Creek Trunk Subdistrict of the District shall be One Hundred Forty Thousand ($140,000.00) Dollars, which sum will be produced by the rate of twenty cents per one hundred ($100.00) Dollars of assessed value. Section Two. By reason of the requirements of the Plan that the amount of taxes to be levied, assessed and collected in the Maline Creek Trunk Subdistrict of the District, lying wholly within St. Louis County, be certified to designated County officers on or before the fifteenth day of May, and no funds will be available to the District for the next fiscal year for the payment of interest on bonds of the District unless such certification be made, an emergency exists and this Ordinance shall take effect immediately upon its enactment. The foregoing Ordinance was adopted May 14, 1956.