HomeMy Public PortalAbout00146 O R D I N A N C E NO. 146
AN ORDINANCE appropriating out of unappropriated
general revenue of the District to the Construction Fund for
Subdistrict Number Two of the River des Peres Watershed (Vinita
Park Area) the sum of Two Thousand One Hundred Sixteen and 74/100
Dollars ($2,116.74) to reimburse such construction fund for bond
interest advanced, the District General Fund to be reimbursed out
of taxes to be collected for the payment of interest and principal
of bonds issued under Ordinance No. 90; and further appropriating
out of unappropriated general revenue of the District to the Con-
struction Fund of Subdistrict Number Two of the River des Peres
Watershed (Vinita Park Area) the sum of Seven Thousand Three
Hundred Eighty-six and 42/100 Dollars ($7,386.42) to reimburse
such Construction Fund for cost heretofore incurred in extending
the Merchants Refrigerating Company line into the proposed Wolter
Avenue Special Benefit District, the District General Fund to be
reimbursed out of the proceeds of special tax bills to be issued
in payment for the construction of sewers in the proposed Wolter
Avenue Special Benefit District.
WHEREAS, the District has heretofore advanced the sum
of Two Thousand One Hundred Sixteen and 74/100 Dollars ($2,116.74)
out of the proceeds of the sale of bonds of Subdistrict Number Two
of the River des Peres Watershed (Vinita Park Area) for the
payment of interest due on August 1, 1957, thereby reducing the
funds available for sewer construction in said Subdistrict Number
Two, and
WHEREAS, tax funds for the payment of said interest
will not be received by the District until after January 1, 1958,
and
WHEREAS, the District has advanced out of the proceeds
of the sale of bonds of Subdistrict Number Two of the River des
Peres Watershed (Vinita Park Area) the sum of Seven Thousand Three
Hundred Eighty-Six and 42/100 Dollars ($7,386.42) for the
extension of the Wolter Avenue sewer into the area hereafter to be
incorporated into the Wolter Avenue Special Benefit District,
thereby reducing the funds available for sewer construction in
said Subdistrict Number Two,
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. There is hereby appropriated out of
unappropriated general revenue of the District to the Construction
Fund of Subdistrict Number Two of the River des Peres Watershed
(Vinita Park Area) the sum of Two Thousand One Hundred Sixteen and
74/100 Dollars ($2,116.74).
Section Two. Upon receipt of tax payments from Subdistrict Number
Two sufficient in amount to reimburse the District General Fund to
the extent of the sum appropriated by Section One hereof, the
Secretary-Treasurer is authorized and directed to transfer to the
District General Fund the sum of Two Thousand One Hundred Sixteen
and 74/100 Dollars ($2,116.74) for repayment of the advance.
Section Three. There is hereby appropriated out of
unappropriated general revenue of the District to the Construction
Fund of Subdistrict Number Two of the River des Peres Watershed
(Vinita Park Area) the sum of Seven Thousand Three Hundred Eighty-
six and 42/100 Dollars ($7,386.42).
Section Four. In computing the amount due the District,
upon completion of sewers hereafter constructed in the proposed
Wolter Avenue Special Benefit District, the Secretary-Treasurer
and the Director of Finance shall add to all other proper charges
of the District the sum of Seven Thousand Three Hundred Eighty-six
and 42/100 Dollars ($7,386.42) and shall collect the total so
ascertained from the person to whom such tax bills are delivered.
Such sum shall be deposited in the District General Fund.
The foregoing Ordinance was adopted 8/7/57.