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HomeMy Public PortalAbout04318 O R D I N A N C E NO. 4318 AN ORDINANCE, appropriating Ten Thousand Four Hundred Dollars ($10,400.00) from the General Fund of the District to be used for the construction of sanitary sewers in the project known as Subdistrict No. 572 (Old Trails - Section I). WHEREAS, one of the real property owners in such area has paid to the District Five Thousand Two Hundred Dollars ($5,200.00) for one-half (1/2) the total costs of said project and has contracted with the Karsten Equipment Company to install a certain sewer system within and for such area; and WHEREAS, the District hereby advances the other one- half (1/2) share, to be repaid upon completion of the remaining portion of Subdistrict No. 573 (Old Trails - Section II), to be served by such sewers; and WHEREAS, upon satisfactory completion of Subdistrict No. 572 (Old Trails - Section I), the District is to pay over to such contractor, from such funds, the installation cost for said sewers, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of Ten Thousand Four Hundred Dollars ($10,400.00) is hereby appropriated from the General Fund of the District to be used for the construction of sanitary sewers in the project known as Subdistrict No. (Old Trails - Section I). Section Two. The District is hereby authorized to pay the one-half (1/2) of the construction cost not paid into it as an advance against the future completion of Subdistrict No. 573 (Old Trails - Section II), such cost to be recouped by a connection charge to be paid upon completion thereto of such Subdistrict. Section Three. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted April 1, 1981.