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HomeMy Public PortalAbout00231 O R D I N A N C E NO. 231 AN ORDINANCE approving and confirming a settlement of accounts between the District and the City of St. Louis, each against the other, for the period from January 1, 1956 through June 30, 1958 and authorizing the Director of Finance to give effect to said settlement by offsetting the amount owed by such City to the District against the amount owed by the District to such City and to pay to such City the difference in the sum of Twenty-five Thousand Five Hundred Seventeen Dollars and Ninety- five cents ($25,517.95), with an emergency clause. WHEREAS, the Director of Finance and the officials of the City of St. Louis have agreed upon the values of the services performed by the District for such City and by such City for the District from January 1, 1956 through June 30, 1958 and on the remaining balance due to such City for the purchase of property by the District as authorized by District Ordinance No. 195, and WHEREAS, statements of the agreed values of each of such services have been presented to the Board of Trustees of the District and to the Board of Estimate and Apportionment of such City, and settlement on the basis of said statements has been approved by said Board of Estimate and Apportionment, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. Settlement of the accounts of The Metro- politan St. Louis Sewer District with the City of St. Louis for the period January 1, 1956 through June 30, 1958 on the following basis is hereby approved and confirmed, to wit: Amounts owed by District $123,445.82 Amounts owed to District 97,927.87 Net Amount owed by District $ 25,517.95 Section Two. The Director of Finance is hereby authorized and directed to effect said settlement by cash payment in the sum of Twenty-five Thousand Five Hundred Seventeen Dollars and Ninety-five cents ($25,517.95) in exchange for a receipt and full release from said City of all claims for such period, to charge such cash payment against an existing appropriation to City Maintenance, Capital Outlay Account No. 1-1062-300, and thereafter to make appropriate adjustment of all accounts affected by such settlement. Section Three. The immediate need of effecting settle- ment with the City of St. Louis creates an emergency within the meaning of the Plan and this Ordinance shall be and become effective immediately upon its adoption. The foregoing Ordinance was adopted September 17, 1958