Loading...
HomeMy Public PortalAbout00394 O R D I N A N C E NO. 394 AN ORDINANCE, determining the amounts of taxes which shall be levied, assessed, and collected in the year 1960 on all taxable tangible property in the District within the corporate limits of the City of St. Louis and St. Louis County, respectively, and in Subdistricts within the corporate limits of St. Louis County, as follows: Maline Creek Trunk Subdistrict, Subdistrict No. One of the River des Peres Watershed (Creve Coeur-Frontenac Area), Subdistrict No. Two of the River des Peres Watershed (Vinita Park Area), and Subdistrict No. Four of the River des Peres Watershed (North Affton Area), with an emergency clause. WHEREAS, after notice of hearing and hearing as provided in the Plan, and after due consideration of all the statements made and the facts adduced at such hearing, the Board has found that it will be necessary in the calendar year 1960 to levy, assess and collect taxes on taxable tangible property in the District and in each of the aforesaid Subdistricts as follows: In the District One Million One Hundred Forty-five Thousand Eight Hundred Dollars and no cents ($1,145,800.00), which sum will be produced by the rate of four cents (44) per one hundred dollars of assessed valuation on property in the District within the corporate limits of the City of St. Louis and within that part of the corporate limits of St. Louis County lying within the District; 2 In Maline Creek Trunk Subdistrict One Hundred Fifty-four Thousand Dollars and no cents ($154,000.00), which sum will be produced by the rate of twelve cents (124) per one hundred dollars of assessed valuation; In Subdistrict No. one of the River des Peres Watershed (Creve Coeur-Frontenac Area) Sixty-eight Thousand Dollars and no cents ($68,000.00), which sum will be produced by the rate of thirty cents (304) per one hundred dollars of assessed valuation; In Subdistrict No. Two of the River des Peres Watershed (Vinita Park Area) Twelve Thousand Four Hundred Dollars ($12,400.00), which sum will be produced by the rate of thirty-two cents (324) per one hundred dollars of assessed valuation; and In Subdistrict No. Four of the River des Peres Watershed (North Affton Area) Twenty-two Thousand Three Hundred Dollars and no cents ($22,300.00), which sum will be produced by the rate of twenty-six cents (264) per one hundred dollars of assessed valuation; all for the purposes of paying, during the fiscal year beginning July 1, 1960, interest falling due on bonds issued, the principal of bonds maturing in such fiscal year, the costs of operation and maintenance, the amount required for emergencies, and the amount of anticipated tax delinquencies, 3 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. For the purposes of operation and maintenance of said District during the fiscal year beginning July 1, 1960, for emergencies, and for anticipated tax delinquencies, the amount of taxes which shall be levied, assessed, and collected in the year 1960 on all taxable tangible property in said District shall be One Million One Hundred Forty-five Thousand Eight Hundred Dollars and no cents ($1,145,800.00), which total sum will be produced by the rate of four cents (44) per one hundred dollars of assessed valuation, of which total sum Six Hundred Sixty-nine Thousand Nine Hundred Dollars and no cents ($669,900.00) shall be levied, assessed and collected on taxable tangible property in said District within the corporate limits of the City of St. Louis, and of which total sum Four Hundred Seventy-five Thousand Nine Hundred Dollars and no cents ($475,900.00) shall be levied, assessed, and collected on taxable tangible property within that part of the corporate limits of St. Louis County lying within said District, as such part is described in the Plan of The Metropolitan St. Louis Sewer District and as enlarged by annexation thereto of areas described in District Ordinances No. 70 adopted May 21, 1956; No. 78 adopted June 11, 1956; No. 81 adopted June 11, 1956; No. 96 adopted August 13, 1956; No. 155 adopted September 9, 1957; No. 191 4 adopted April 21, 1958; No. 202 adopted June 25, 1958; No. 224 adopted September 2, 1958; No. 237 adopted October 2, 1958; No. 238 adopted October 2, 1958; No. 260 adopted February 12, 1959; No. 265 adopted March 5, 1959; No. 318 adopted August 27, 1959; No. 326 adopted September 28, 1959; No. 327 adopted September 28, 1959; No. 335 adopted October 22, 1959; No. 338 adopted October 22, 1959; No. 345 adopted November 27, 1959; and No. 365 adopted January 28, 1960. Section Two. The amount of taxes which shall be levied, assessed, and collected in the year 1960 on all taxable tangible property within that part of the corporate limits of St. Louis County lying within the Maline Creek Trunk Subdistrict, as defined and delineated by District Ordinance No. 26, adopted June 30, 1955, shall be one Hundred Fifty-four Thousand Dollars ($154,000.00), which sum will be produced by the rate of twelve cents (124) per one hundred dollars of assessed valuation, and which sum is required during the fiscal year beginning July 1, 1960, for the purposes and in amounts as follows: For bond interest and principal payments $ 55,467.00 For bank fees and administrative costs of bond interest and principal payments 940.00 For repayment of emergency loans 85,000.00 Anticipated tax delinquencies 12,593.00 Total Levy $154,000.00 Section Three. The amount of taxes which shall be levied, assessed, and collected in the year 1960 on all taxable 5 tangible property within that part of the corporate limits of St. Louis County lying within Subdistrict No. One of the River des Peres Watershed (Creve Coeur-Frontenac Area), as defined and delineated by District Ordinance No. 24, adopted June 20, 1955, shall be Sixty-eight Thousand Dollars ($68,000.00), which sum will be produced by the rate of thirty cents (304) per one hundred dollars of assessed valuation, and which sum is required during the fiscal year beginning July 1, 1960, for the purpose and in amounts as follows: For bond interest and principal payments $ 62,350.00 For bank fees and administrative costs of bond interest and principal payments 210.00 Anticipated tax delinquencies 5,440.00 Total Levy $68,000.00 Section Four. The amount of taxes which shall be levied, assessed, and collected in the year 1960 on all taxable tangible property within that part of the corporate limits of St. Louis County lying within Subdistrict No. Two of the River des Peres Watershed (Vinita Park Area), as defined and delineated by District Ordinance No. 23, adopted June 20, 1955, shall be Twelve Thousand Four Hundred Dollars ($12,400.00), which sum will be produced by the rate of thirty-two cents (324) per one hundred dollars of assessed valuation, and which sum is required during the fiscal year beginning July 1, 1960, for the purposes and in amounts as follows: 6 For bond interest and principal payments $11,930.00 For bank fees and administrative costs of bond interest and principal payments 50.00 Anticipated tax delinquencies 420.00 Total Levy $12,400.00 Section Five. The amount of taxes which shall be levied, assessed, and collected in the year 1960 on all taxable tangible property within that part of the corporate limits of St. Louis County lying within Subdistrict No. Four of the River des Peres Watershed (North Affton Area), as defined and delineated by District Ordinance No. 22, adopted June 20, 1955, and as such part was enlarged by Ordinance No. 190, adopted April 7, 1958, shall be Twenty-Two Thousand Three Hundred Dollars ($22,300.00), which sum will be produced by the rate of twenty-six cents (264) per one hundred dollars of assessed valuation, and which sum is required during the fiscal year beginning July 1, 1960, for the purposes and in amounts as follow: For bond interest and principal payments $20,933.00 For bank fees and administrative costs of bond interest and principal payments 75.00 Anticipated tax delinquencies 1,292.00 Total Levy $22,300.00 Section Six. Since the Plan requires that on or before the fifteenth day of May this Board shall certify to the Board of 7 Aldermen, Comptroller, License Collector, and Collector of the City of St. Louis the amount of taxes which shall be levied, assessed, and collected on all taxable tangible property in the District within the corporate limits of the City of St. Louis, and shall certify to the County Council, County Clerk, and Collector of St. Louis County the amount of taxes which shall be levied, assessed, and collected on all taxable tangible property in the District or a subdistrict, as the case may be, within the corporate limits of St. Louis County, and since the amounts to be so certified must first be determined finally and conclusively by this ordinance, an emergency exists within the meaning of the Plan and this ordinance shall take effect immediately upon its enactment. 8 The foregoing Ordinance was adopted on May 10, 1960.