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HomeMy Public PortalAbout03427 O R D I N A N C E NO. 3427 AN ORDINANCE transferring all funds in the Coldwater Creek Operation and Maintenance Fund, and any moneys received or to be received by said Fund to the Coldwater Creek Sewer Revenue Fund of The Metropolitan St. Louis Sewer District, Account 40- 3501B, Reserve Proceeds from Coldwater Creek Operation and Maintenance Fund, to be used only for the operation and maintenance of the Coldwater Creek Trunk Subdistrict sewer system and treatment plant, thus making the Coldwater Creek Operation and Maintenance Fund an account in the Coldwater Creek Sewer Revenue Fund. WHEREAS, for the convenience of the District, it is desired that the Coldwater Creek Operation and Maintenance Fund of The Metropolitan St. Louis Sewer District, created by Ordinance No. 764, adopted May 29, 1962, become a part of the Coldwater Creek Sewer Revenue Fund as a special account, preserving its original purpose, however, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. That the sums now in the Coldwater Creek Operation and Maintenance Fund, together with any sums to be received by such Fund from any source, are hereby transferred to the Coldwater Creek Sewer Revenue Fund of The Metropolitan St. Louis Sewer District, Account 40-3501B, Reserve Proceeds from Coldwater Creek Operation and Maintenance Fund to be used only for the operation and maintenance of the Coldwater Creek Trunk Subdistrict sewer system and treatment plant. Section Two. Upon the completion of the transfer of such sums, the Coldwater Creek Operation and Maintenance Fund is hereby made a special account in the Coldwater Creek Sewer Revenue Fund. The foregoing Ordinance was adopted January 25, 1978.