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HomeMy Public PortalAbout03760 O R D I N A N C E NO. 3760 AN ORDINANCE, transferring One Hundred Twenty Thousand Dollars ($120,000.00) from the Mississippi River Subdistrict Operating Fund as a loan to the Operation, Maintenance and Construction Improvement Fund of Clayton Central, and providing for the repayment of said sum; and further appropriating Three Hundred Forty-two Thousand Dollars ($342,000.00) from the Operation, Maintenance and Construction Improvement Fund of Clayton Central for the construction of sanitary sewers together with repayment of the cost of engineering, survey and inspection, and miscellaneous other costs incurred in connection with such construction project, in Subdistrict No. 342 (Clayton Central - Section IV) S-1172, in the City of Clayton, Missouri. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of One Hundred Twenty Thousand Dollars ($120,000.00) is hereby transferred from the Mississippi River Subdistrict Operating Fund as a loan to the Operation, Maintenance and Construction Improvement Fund of Clayton Central; said sum to be repaid from the revenue of that Subdistrict from taxes levied and assessed in the years 1979 and 1980, and to be collected within the 1979-1980 and 1980-1981 fiscal years. Section Two. The officers of the District are directed to repay to the Mississippi River Subdistrict Operating Fund the One Hundred Twenty Thousand Dollars ($120,000.00) as soon as receipts are collected from the tax levy made for the years 1979 and 1980 in Subdistrict No. 342 (Clayton Central). Section Three. The sum of Three Hundred Forty-two Thousand Dollars ($342,000.00) is hereby appropriated from the Operation, Maintenance and Construction Improvement Fund of Clayton Central for the construction of sanitary sewers together with repayment of the cost of engineering, survey and inspection, and miscellaneous other costs incurred with such construction project, in Subdistrict No. 342 (Clayton Central - Section IV) S-1172, in the City of Clayton, Missouri. Section Four. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted April 11, 1979. -2-