HomeMy Public PortalAbout00112 O R D I N A N C E NO. 112
AN ORDINANCE appropriating funds received or which may
be hereafter received from sewer districts dissolved under and
pursuant to Section 12.090 of the Plan, for the construction of
improvements, betterment and extension of sewers and drainage
facilities within the boundaries of the respective sewer districts
from which such funds are received.
WHEREAS, the District has entered into contracts with
certain sewer districts by the terms and conditions of which such
districts have paid to the District all sums remaining in their
respective treasuries at the time of their dissolutions, and
similar contracts will probably be hereafter made with other sewer
districts at such times as all of their bonds or liabilities are
fully paid or discharged,
NOW, THEREFORE BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. Whenever any sewer district organized
under the laws of Missouri and within the boundaries of the
District has paid or otherwise discharged its bonds and
liabilities and prior to dissolution enters into a contract with
the District by the terms of which all funds remaining in its
treasury and other assets belonging to it are turned over to the
District, all such funds shall stand appropriated for the
construction or reconstruction of improvements, betterment and
extensions of the sewer systems and drainage facilities within the
boundaries of the sewer district from which such funds are
received.
Section Two. The Director of Finance is directed
pursuant to this ordinance, to establish a separate account in the
Improvement Fund for each sewer district depositing funds with the
District, and to charge to such account all construction or
reconstruction costs of improvements, betterment and extensions
made within the area embraced in the sewer district making such
deposits. The term "construction or reconstruction costs" as used
in this ordinance shall include engineering, inspection, and
surveying costs; costs of labor and materials, legal costs and all
other proper expenses directly attributable to said improvements,
betterment and extensions made within the area embraced in the
sewer district making such deposits. No maintenance costs shall
be charged against such fund. At such time as the sum on deposit
by any sewer district may become exhausted, such account shall be
discontinued. The Executive Director shall be notified of the
closing of such account.
The foregoing Ordinance was adopted January 14, 1957.