HomeMy Public PortalAbout00093 O R D I N A N C E NO. 93
AN ORDINANCE determining the amount of taxes which shall be
levied, assessed and collected on all taxable tangible property in
Subdistrict Number Two of the River des Peres Watershed (Vinita
Park Area) 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 Subdistrict Number Two of the River des
Peres Watershed (Vinita Park Area) to yield total revenues of
Seven Thousand Eight Hundred ($7,800.00) Dollars, which sum will
be produced by the rate of twenty-five cents (254) 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 Subdistrict Number Two of
the River des Peres Watershed (Vinita Park Area) as defined and
delineated by District Ordinance No. 23, adopted June 20, 1955,
for the year 1956 for the payment of bond interest on bonds of the
Subdistrict Number Two of the River des Peres Watershed (Vinita
Park Area) of the District shall be Seven Thousand Eight Hundred
($7,800.00) Dollars, which sum will be produced by the rate of
twenty-five cents (254) per one hundred ($100.00) Dollars of
assessed value.
Section Two. By reason of the fact that Section 7.150 of the
Plan requires that before any general obligation bonds are issued
the Board shall by ordinance provide for the collection of an
annual tax on all taxable tangible property within a subdistrict
sufficient to pay the interest and principal of the bonds of such
subdistrict, an emergency exists and this Ordinance shall take
effect immediately upon its enactment.
The foregoing Ordinance was adopted August 6, 1956.