HomeMy Public PortalAbout02423 O R D I N A N C E NO. 2423
AN ORDINANCE transferring Nine Hundred Thousand Dollars
($900,000.00) from the unappropriated surplus of the General Fund
of the Mississippi River Subdistrict in part as a loan to the
Operation, Maintenance and Construction Improvement Fund of
Subdistrict No. Seven of the River des Peres Watershed (Wellston
Area) and providing for the repayment of Eight Hundred Ten
Thousand Dollars ($810,000.00) of said sum; and further
appropriating One Million Fifty Thousand Dollars ($1,050,000.00)
from the Operation, Maintenance and Construction Improvement Fund
of Subdistrict No. Seven of the River des Peres Watershed
(Wellston Area) to be used for the construction of sanitary
sewers in the project known as the Wellston Sanitary Lateral
Sewer in Subdistrict No. Seven of the River des Peres Watershed
(Wellston Area).
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of Nine Hundred Thousand Dollars
($900,000.00) is hereby transferred from the unappropriated
surplus of the General Fund of the Mississippi River Subdistrict
as a loan to the Operation, Maintenance and Construction
Improvement Fund of Subdistrict No. Seven of the River des Peres
Watershed (Wellston Area); Eight Hundred Ten Thousand Dollars
($810,000.00) of said sum to be repaid as funds are available
from grants from the United States Department of Housing and
Urban Development.
Section Two. The officers of the District are
directed to repay to the General Fund of the Mississippi River
Subdistrict Fund of the District the Eight Hundred Ten Thousand
Dollars ($810,000.00) as soon as receipts are collected from the
United States Department of Housing and Urban Development.
Section Three. The sum of One Million Fifty Thousand
Dollars ($1,050,000.00) is hereby appropriated from the
Operation, Maintenance and Construction Improvement Fund of
Subdistrict No. Seven of the River des Peres Watershed (Wellston
Area) to be used for the construction of sanitary sewers in the
project known as the Wellston Sanitary Lateral Sewer in
Subdistrict No. Seven of the River des Peres Watershed (Wellston
Area).
Section Four. This Ordinance, being an appropriation
Ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted May 2, 1973.