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HomeMy Public PortalAbout04042 O R D I N A N C E NO. 4042 AN ORDINANCE, appropriating Two Hundred Fifty Thousand Dollars ($250,000.00) from the General Fund of the District as an advancement for the purchase from South County Sewer Company, Inc., a Missouri Corporation, the owner thereof, all of the sanitary sewer system and treatment facilities, including all treatment plants, pump stations, mains, trunks, sub-trunks, laterals, manholes, and appurtenances, together with all real property and easements owned by South County Sewer Company, Inc., within St. Louis County, Missouri, and directing the repayment of such advance to the General Fund of the District. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of Two Hundred Fifty Thousand Dollars ($250,000.00) is hereby appropriated from the General Fund of the District as an advancement for the purchase from South County Sewer Company, Inc., a Missouri Corporation, the owner thereof, all of the sanitary sewer system and treatment facilities, including all treatment plants, pump stations, mains, trunks, sub-trunks, laterals, manhole, and appurtenances, together with all real property and easements owned by South County Sewer Company, Inc., within St. Louis County, Missouri. Section Two. Upon receipt of adequate funds from connection fees and surplus from sewer service charges in the Telegraph-Becker-Christopher Service Area, the sum as hereby appropriated will be repaid to the General Fund of the District. Section Three. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted May 28, 1980.