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HomeMy Public PortalAbout02877 O R D I N A N C E NO. 2877 AN ORDINANCE appropriating Two Hundred Sixty-seven Thousand Dollars ($267,000.00) from the Operation, Maintenance and Construction Improvement Fund of Maline Creek to be used for the construction of storm sewers in Subdistrict No. 376 (Black Jack - Dellwood) Northland Hills No. 4 - Dellwood Hills No. 2 (Champlin Branch) 74-MC-11, in the City of Dellwood, 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 moneys will be returned to the Operation, Maintenance and Construction Improvement Fund of Maline Creek, and WHEREAS, the City of Dellwood, 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 Black Jack - Dellwood 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 Two Hundred Sixty-seven Thousand Dollars ($267,000.00) 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. 376 (Black Jack - Dellwood) Northland Hills No. 4 - Dellwood Hills No. 2 (Champlin Branch) 74-MC-11, in the City of Dellwood, Missouri. Section Two. This Ordinance, being an appropriation Ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted June 25, 1975.