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HomeMy Public PortalAbout03383 O R D I N A N C E NO. 3383 AN ORDINANCE, appropriating Sixteen Million Eight Hundred Ninety-six Thousand Dollars ($16,896,000.00) from the Mississippi River Construction Fund to pay for the construction of Lemay Wastewater Treatment Plant - Aeration Tanks, Service Building and Instrumentation, Contract PA-62, in St. Louis County, Missouri. WHEREAS, the United States Environmental Protection Agency has agreed to a seventy-five percent (75%) grant in aid of construction, upon receipt of such funds from said source, they shall be placed in the Mississippi River Construction Fund and are hereby appropriated to pay the costs incurred by said Contract PA- 62; and WHEREAS, the Missouri Department of Natural Resources has agreed to a fifteen percent (15%) grant in aid of construction, upon receipt of such funds from said source, they shall be placed in the Mississippi River Construction Fund and are hereby appropriated to pay the costs incurred by said contract PA- 62; and WHEREAS, the District is obligated to pay ten percent (10%) of the estimated total construction costs of said project, the general conditions of which require that interest be paid on any payment for construction made more than thirty (30) days after the approval by the engineers; and WHEREAS, to avoid paying said interest, it is deemed advisable to appropriate from District funds sixty (60) days' pay- ments in excess of the ten percent (10%) the District is obligated to pay, which sum is Four Million Dollars ($4,000,000.00); NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of Four Million Dollars ($4,000,000.00) is hereby appropriated from the Mississippi River Construction Fund to pay the District's share for the construction of Lemay Wastewater Treatment Plant - Aeration Tanks, Service Building and Instrumentation, Contract PA-62, and to be used as needed as an advance payment to the contractor of amounts due and owing under such contract, but not yet received from aforesaid grants in aid of construction. Section Two. The sums of money to be received from the United States Environmental Protection Agency for its seventy-five percent (75%) grant and the Missouri Department of Natural Resources fifteen percent (15%) grant for this project shall be placed in the Mississippi River Construction Fund and are hereby appropriated to pay the costs incurred by Contract PA-62, the estimated total cost of which is Sixteen Million Eight Hundred Ninety-six Thousand Dollars ($16,896,000.00). Such funds shall also be used to repay the District for any sums advanced by it over and above its share of such costs. Section Three. This ordinance, being an appropriation ordinance, shall become effective immediately upon its enactment. The foregoing Ordinance was adopted November 23, 1977. -2-