HomeMy Public PortalAbout02575 O R D I N A N C E NO. 2575
AN ORDINANCE transferring Fifteen Thousand Dollars
($15,000.00) from the Improvement Fund of the District as a loan
to the Operation, Maintenance and Construction Improvement Fund of
Subdistrict No. 88 (Fountain Creek), and providing for the
repayment of said sum; and further appropriating Fifteen Thousand
Dollars ($15,000.00) from the Operation, Maintenance and
Construction Improvement Fund of Subdistrict No. 88 (Fountain
Creek) to cover additional contractual obligations in the
construction of improvements of the channel of Fountain Creek.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of Fifteen Thousand Dollars
($15,000.00) is hereby transferred from the Improvement Fund of
the District as a loan to the Operation, Maintenance and
Construction Improvement Fund of Subdistrict No. 88 (Fountain
Creek); said sum to be repaid from the revenue of that Subdistrict
from taxes levied and assessed in the years 1974 through 1975, and
to be collected within the 1974-75 through 1975-76 fiscal years.
Section Two. The officers of the District are
directed to repay to the Improvement Fund of the District the
Fifteen Thousand Dollars ($15,000.00) as soon as receipts are
collected from the tax levy made for the years 1974 through 1975
in Subdistrict No. 88 (Fountain Creek).
Section Three. The sum of Fifteen Thousand Dollars
($15,000.00) is hereby appropriated from the Operation,
Maintenance and Construction Improvement Fund of Subdistrict No.
88 (Fountain Creek) to cover additional contractual obligations in
the construction of improvements of the channel of Fountain Creek.
Section Four. This Ordinance, being an appropriation
Ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted April 10, 1974.