HomeMy Public PortalAbout03756 O R D I N A N C E NO. 3756
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 E. B. Joyce, Ruth M. Joyce and John W. Hoffman,
Trustees U/W Robert J. Joyce, and Robert J. Baudendistel, for the
purchase of all of the issued and outstanding capital stock of the
Fenton Sewer Company, a Missouri corporation, and providing for
the full purchase price payable for said issued and outstanding
capital stock, 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 E. B. Joyce, Ruth M. Joyce and John W.
Hoffman, Trustees U/W Robert J. Joyce, and Robert J. Baudendistel,
for the purchase of all of the issued and outstanding capital
stock of the Fenton Sewer Company, a Missouri corporation. The
full purchase price payable for said issued and outstanding
capital stock 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 11, 1979.
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