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HomeMy Public PortalAbout03479 O R D I N A N C E NO. 3479 AN ORDINANCE authorizing reimbursement to The Metropolitan St. Louis Sewer District or to any of its subdistricts of sums advanced to the Operation, Maintenance and Construction Improvement Fund of Subdistrict No. 383 (LaVenta- LaSierra) and transferring any moneys received or to be received by said Fund to the District or any such subdistrict, and upon completion of such repayment, then to the Operation, Maintenance and Construction Improvement Fund, Coldwater Creek Trunk Subdistrict, to be used within that subdistrict for storm sewer improvements. WHEREAS, Subdistrict No. 383 (LaVenta-LaSierra), created by Ordinance No. 2523, adopted February 13, 1974, and its Operation, Maintenance and Construction Improvement Fund have accomplished the purposes for which they were established, but owe substantial sums advanced by the District or its subdistricts, and should remain in effect until such sums are repaid; and WHEREAS, the Coldwater Creek Trunk Subdistrict area contains the area of said Subdistrict No. 383 (LaVenta-LaSierra), and its Operation, Maintenance and Construction Improvement Fund is for the same purpose as that of said Subdistrict No. 383, i.e., the construction of stormwater facilities, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. That all sums of money in the Operation, Maintenance and Construction Improvement Fund of Subdistrict No. 383 (LaVenta-LaSierra) are hereby authorized to be reimbursed to the District or any of its subdistricts, which advanced funds to said Subdistrict No. 383, and any sums to be received by the said Operation, Maintenance and Construction Improvement Fund of Subdistrict No. 383 (LaVenta-LaSierra) derived from the collection of delinquent taxes or from any other source, are hereby authorized to be used to repay any such previously advanced funds, and thereafter to be transferred to the Operation, Maintenance and Construction Improvement Fund of Coldwater Creek Trunk Subdistrict to be used for storm sewer improvements within that subdistrict. The foregoing Ordinance was adopted March 22, 1978. -2-