HomeMy Public PortalAbout02866 O R D I N A N C E NO. 2866
AN ORDINANCE appropriating One Hundred Sixty-five
Thousand Dollars ($165,000.00) from the Operation, Maintenance and
Construction Improvement Fund of Maline Creek to be used for the
construction of storm sewers in Subdistrict No. 377 (Highway 67 &
Cambria Creek) Phase 1, 74-MC-6, in the City of Moline Acres,
Missouri.
WHEREAS, the State of Missouri has agreed to contribute
one-third (1/3) of the costs of said project; upon the receipt of
such funds from said source, said money will be returned to the
Operation, Maintenance and Construction Improvement Fund of Maline
Creek, and
WHEREAS, the City of Moline Acres, Missouri has agreed
to contribute one-third (1/3) of the costs of said project; upon
the receipt of such funds from said source, the Executive Director
is authorized to issue the notice to proceed to the contractor,
and said money will be returned to the Operation, Maintenance and
Construction Improvement Fund of Maline Creek, and
WHEREAS, one-half (1/2) the balance advanced by the
Operation, Maintenance and Construction Improvement Fund of Maline
Creek is that Subdistrict's share of the construction costs, but
the remaining one-half (1/2) is in the nature of a loan, upon
receipt by the Operation, Maintenance and Construction Improvement
Fund of Highway 67 and Cambria Creek Subdistrict of funds, such
sums as are advanced as a loan shall be repaid to the Operation,
Maintenance and Construction Improvement Fund of Maline Creek,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of One Hundred Sixty-five
Thousand Dollars ($165,000.00) is hereby appropriated from the
Operation, Maintenance and Construction Improvement Fund of Maline
Creek to be used for the construction of storm sewers in
Subdistrict No. 377 (Highway 67 & Cambria Creek) Phase 1, 74-MC-6,
in the City of Moline Acres, Missouri.
Section Two. This Ordinance, being an appropriation
Ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted June 25, 1975.