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HomeMy Public PortalAbout03231 O R D I N A N C E NO. 3231 AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer to execute an agreement for purchase and sale by and among The Metropolitan St. Louis Sewer District, a municipal corporation and political subdivision of the State of Missouri, and Fee Fee Trunk Sewer, Inc., a Missouri corporation, and Sterling R. Kennedy, Edwin C. Ryder, Jr., Raymond LaBrayere, George H. Wood, Edwin C. Ryder, Sr., John Fischer, and Lawrence Frichtel, for the purchase of all of the assets and business of the Fee Fee Trunk Sewer, Inc., and providing for the full purchase price payable for said assets, and setting out certain conditions of the purchase and sale in the form, words, and figures as attached hereto in the agreement of purchase and sale; with an emergency clause. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The Executive Director and Secretary- Treasurer are hereby authorized to execute an agreement for purchase and sale by and among The Metropolitan St. Louis Sewer District, a municipal corporation and political subdivision of the State of Missouri, and Fee Fee Trunk Sewer, Inc., a Missouri corporation, and Sterling R. Kennedy, Edwin C. Ryder, Jr., Raymond LaBrayere, George H. Wood, Edwin C. Ryder, Sr., John Fischer, and Lawrence Frichtel, for the purchase of all of the assets and business of Fee Fee Trunk Sewer, Inc. The full purchase price payable for said assets and certain conditions of the purchase and sale are shown in the form, words, and figures as attached hereto in the agreement of purchase and sale. Section Two. This Ordinance is for the purchase of a private sewer company in St. Louis County as a part of the District's objective of a unified sewage treatment system in St. Louis County, said unified sewage treatment system being necessary for the protection of the public health, thus constituting an emergency within the meaning of the plan, accordingly this Ordinance shall be and become effective immediately upon its adoption. The foregoing Ordinance was adopted April 27, 1977.