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HomeMy Public PortalAbout00379 O R D I N A N C E NO. 379 AN ORDINANCE, repealing an appropriation and transferring the sum of Five Hundred Thirty-five Thousand Dollars ($535,000.00) from the surplus in the General Fund to the Real Property Purchase Fund, with an emergency clause. WHEREAS, a surplus of Five Hundred Twelve Thousand Dollars ($512,000.00) exists in the General Fund of the District, and WHEREAS, an existing appropriation out of the General Fund to the Personnel Department for Supplies and Materials, Account No. 1-1021-200, in the sum of Twenty-three Thousand Dollars ($23,000.00) is unencumbered and is not required for the purpose of the appropriation, and the Executive Director desires that such sum be re-appropriated, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. Said unencumbered appropriation in the sum of Twenty-three Thousand Dollars ($23,000.00) to Personnel Department, Supplies and Materials, Account No. 1-1021-200, is hereby repealed and such sum shall revert immediately to the General Fund of the District. Section Two. The sum of Five Hundred Thirty-five Thousand Dollars ($535,000.00) is hereby transferred from the surplus in the General Fund to the Real Property Purchase Fund. Ord. No. 379 Section Three. The need of funds in the Real Property Purchase Fund for the proposed purchase of realty constitutes an emergency within the meaning of the Plan and this ordinance shall therefore take effect immediately upon its enactment. The foregoing Ordinance was adopted March 18, 1960