HomeMy Public PortalAbout04331 O R D I N A N C E NO. 4331
AN ORDINANCE, authorizing and directing the Executive
Director and Secretary-Treasurer on behalf of The Metropolitan St.
Louis Sewer District to enter into a contract with Southland Oil
Company of Jackson, Mississippi, whereby said Southland Oil
Company will purchase Fifty-one (51) of the District's energy
entitlements at a price of Twenty-seven and 06/100 Dollars
($27.06) per entitlement, pursuant to the United States Department
of Energy Entitlement Program.
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 and directed on behalf of The
Metropolitan St. Louis Sewer District to enter into a contract
with Southland Oil Company of Jackson, Mississippi, whereby said
Southland Oil Company will purchase Fifty-one (51) of the
District's energy entitlements at a price of Twenty-seven and
06/100 Dollars ($27.06) per entitlement, pursuant to the United
States Department of Energy Entitlement Program.
Section Two. The United States Department of Energy
Entitlement Program is currently the subject of litigation, and
should said program be held invalid or inoperative, then the
District, pursuant to the Court's Order, may be required to refund
all or a portion of the funds received through the contract above
described in Section One.
The foregoing Ordinance was adopted April 8, 1981.