HomeMy Public PortalAbout04773 O R D I N A N C E NO. 4773
AN ORDINANCE, transferring Ten Thousand Eight Hundred
Dollars ($10,800.00) from the Operation, Maintenance and
Construction Improvement Fund of Gravois Creek as a loan to the
Improvement Fund, and appropriating Ten Thousand Eight Hundred
Dollars ($10,800.00) from the Improvement Fund as an advancement
for the construction of sanitary sewers, together with repayment
of Engineering, Survey and Inspection, and miscellaneous other
costs incurred with such construction project, in Subdistrict No.
588 (Littie and Fawndale) C-903, in St. Louis County, Missouri,
and providing for repayment of such loan and advancement.
WHEREAS, proceedings have been taken for the con-
struction of sanitary sewers in Subdistrict No. 588 (Littie and
Fawndale) C-903, Six Thousand Nine Hundred Dollars ($6,900.00)
toward the total costs of construction to be paid for by special
tax bills or other evidence of special benefit assessments upon
the land benefited by such improvement,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of Ten Thousand Eight Hundred
Dollars ($10,800.00) is hereby transferred from the Operation,
Maintenance and Construction Improvement Fund of Gravois Creek as
a loan to the Improvement Fund as an advancement for the
construction of sanitary sewers, together with repayment of
Engineering, Survey and Inspection, and miscellaneous other costs
incurred with such construction project, in Subdistrict No. 588
(Littie and Fawndale) C-903, in St. Louis County, Missouri,
pending payment into the Improvement Fund of the costs hereby
advanced from cash payments in aid from any source and from the
proceeds of collection of special benefit assessments levied, or
special tax bills issued, to pay such costs.
Section Three. The anticipated payments, together with
any interest earned, shall be paid into the Improvement Fund named
in Section Two above, and shall be transferred by the Director of
Finance from the Improvement Fund of the District as repayment of
the loan directed in Section One above.
Section Four. This ordinance, being an appropriation
ordinance, shall take effect immediately upon its enactment.
The foregoing Ordinance was adopted July 21, 1982.