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HomeMy Public PortalAbout00462 O R D I N A N C E NO. 462 AN ORDINANCE calling and providing for the holding of a Special Election in Benefit Subdistrict No. 111 (Marlborough) of The Metropolitan St. Louis Sewer District, for the purpose of submitting to the qualified electors thereof a proposal for the issuance of general obligation bonds of said Subdistrict to provide funds for the purchase of a privately owned sanitary sewer system within and for said Subdistrict, with an emergency clause. WHEREAS, it has become necessary to purchase a privately owned sanitary sewer system within and for Benefit Subdistrict No. 111 (Marlborough) of The Metropolitan St. Louis Sewer District; and WHEREAS, the Board of Trustees of the said Metropolitan St. Louis Sewer District has heretofore caused a hearing to be held on the aforesaid proposed purchase and has negotiated a purchase price with the owners thereof which the Board considers to be fair to the owners and to the public; and WHEREAS, the said Board does now find and determine that the purchase price, as negotiated, of the aforesaid privately owned sanitary sewer system as aforesaid, is Two Hundred Twenty Thousand ($220,000.00) Dollars; and WHEREAS, under the Plan of The Metropolitan St. Louis Sewer District, the funds required as aforesaid may be obtained through the issuance of general obligation bonds of the aforesaid Subdistrict, provided the proposition to issue such bonds be assented to by two-thirds of the qualified electors of said 2 Subdistrict voting thereon at an election held for that purpose, and provided the amount of indebtedness so incurred, together with all other indebtedness of the Subdistrict, does not exceed the constitutional limit of five per centum (5%) of the assessed valuation of taxable, tangible property within the Subdistrict, as ascertained by the last completed assessment for state and county purposes on the date of such election; and WHEREAS, the County Clerk for St. Louis County has certified to the District that the assessed valuation for state and county purposes of the taxable, tangible property within said subdistrict, as ascertained by the last completed assessment, made as of January 1, 1959, is Eight Million Six Hundred Ninety-one Thousand, Fifty-five ($8,691,055.00) Dollars; and WHEREAS, the aforesaid Subdistrict at this time has no outstanding indebtedness of any kind or character; and WHEREAS, the amount of indebtedness hereinafter proposed to be incurred will not exceed five per centum (5%) of the assessed valuation of taxable, tangible property in the said Subdistrict, as ascertained by the last completed assessment for state and county purposes on the date of the election hereinafter provided for, namely, the assessment made as of August 10, 1959; and WHEREAS, it is the opinion of this Board that bonds of said Subdistrict should be issued at this time in the amount of Two Hundred Twenty Thousand ($220,000) dollars to provide funds 3 for the purpose hereinafter set forth: NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. That a special election be and the same is hereby called and ordered to be held within the boundaries of Benefit Subdistrict No. 111 (Marlborough) of The Metropolitan St. Louis Sewer District on Thursday, the 8th day of December, 1960, for the purpose of submitting to the qualified electors of said Subdistrict the following proposition: PROPOSITION Shall the general obligation bonds of Benefit Subdistrict No. 111 (Marlborough) of The Metropolitan St. Louis Sewer District be issued in the amount of Two Hundred Twenty Thousand ($220,000.) Dollars to provide funds for the purpose of purchasing a sanitary sewer system within and for said Subdistrict? Section Two. That said special election shall be held at the polling places in said Subdistrict as set forth and described in the notice of election as contained in Section Four of this ordinance. The polls of said election shall be opened at the hour of 6:00 o'clock A.M. Central Standard Time and shall remain open until the hour of 7:00 o'clock P.M. Central Standard Time on the aforesaid date. Section Three. That the ballots to be used at said special election shall be in substantially the following form, to wit: OFFICIAL BALLOT BENEFIT SUBDISTRICT NO. 111 (MARLBOROUGH) OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT, 4 STATE OF MISSOURI SPECIAL BOND ELECTION Thursday, the 8th day of December, 1960 PROPOSITION Shall the general obligation bonds of Benefit Subdistrict No. 111 (Marlborough) of The Metropolitan St. Louis Sewer District be issued in the amount of Two Hundred Twenty Thousand ($220,000.) Dollars to provide funds for the purpose of purchasing a sanitary sewer system within and for said Subdistrict? ..... FOR THE BOND ISSUE ..... ..... AGAINST THE BOND ISSUE ..... (Voters shall vote by placing a cross mark (x) opposite their choice. A cross mark (x) in the square before the words "FOR THE BOND ISSUE" shall be counted as a vote for the issuance of the bonds, and a cross mark (x) in the square before the words "AGAINST THE BOND ISSUE" shall be counted as a vote against the issuance of the bonds.) Section Four. That the Secretary-Treasurer be and he is hereby directed to give notice of said special election by advertisement published once a week for at least three (3) consecutive weeks in the St. Louis Globe-Democrat and in the St. Louis Post-Dispatch, newspapers of general circulation in The 5 Metropolitan St. Louis Sewer District, the first publication in each of said newspapers to be made at least twenty-one (21) days prior to the date of the election and the last publication to be made not more than seven (7) days prior to the date of said election. The said notice shall be in substantially the following form, to wit: NOTICE OF SPECIAL ELECTION BENEFIT SUBDISTRICT NO. 111 (MARLBOROUGH) OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT, STATE OF MISSOURI Notice is hereby given to the qualified electors of Benefit Subdistrict No. 111 (Marlborough) of The Metropolitan St. Louis Sewer District, State of Missouri, that a special election will be held in said Subdistrict on Thursday, the 8th day of December, 1960, commencing at 6:00 o'clock A.M. Central Standard Time and closing at 7:00 o'clock P.M. Central Standard Time on said date, and that at said special election the following proposition will be submitted to the qualified electors of said Subdistrict: PROPOSITION Shall the general obligation bonds of Benefit Subdistrict No. 111 (Marlborough) of The Metropolitan St. Louis Sewer District be issued in the amount of Two Hundred Twenty Thousand ($220,000.) Dollars to provide funds for the purpose of purchasing a sanitary sewer system within and for said Subdistrict? The said election shall be held at the following polling places in said Subdistrict: 6 GRAVOIS TOWNSHIP Pct. 14) : Washington Park Elementary School Pct. 15) 145 East Old Watson Rd. Pct. 17) : Wanner's Flowers & Jewelry Pct. 18) 8378 Watson Rd. Pct. 20) Pct. 30) : State Farm Insurance Co. Pct. 34) 1310 So. Laclede Station Rd. By order of the Board of Trustees of The Metropolitan St. Louis Sewer District, this 27th day of October, 1960. John E. Clark Secretary-Treasurer Section Five. That, as provided by Section 10.010 of the Plan of The Metropolitan St. Louis Sewer District, the said special election shall be held and conducted and the returns thereof made, examined, and cast up in the same manner and in all respects as provided by law for the election of state and county officers. All registered voters residing within said Subdistrict shall be entitled to vote at said election. Section Six. That the Secretary-Treasurer of this Board shall be and he is hereby directed to file a certified copy of this ordinance with the Board of Election Commissioners for St. Louis County, Missouri, as and for the warrant and authority of the said Board to hold and conduct the special election herein provided for: and the said Board of Election Commissioners is hereby requested to do all things and take all proceedings necessary to the holding and conducting of the said special election. Section Seven. That all ordinances or parts of 7 ordinances which in any manner conflict with the provisions of this ordinance shall be and the same are hereby repealed, insofar as they may so conflict. Section Eight. That because no complete sanitary sewer system now serves Benefit Subdistrict No. 111 (Marlborough), as established by Ordinance No. 441, and because the health of the inhabitants of said Subdistrict is endangered by existing conditions resulting from the absence of a complete sanitary sewer system, an emergency is hereby declared to exist and this ordinance shall be in full force and effect from and after its enactment. The foregoing Ordinance was adopted October 27, 1960.