HomeMy Public PortalAbout05520 O R D I N A N C E NO. 5520
AN ORDINANCE, transferring One Million Dollars
($1,000,000.00) as a loan from the General Fund of the District to
the Mississippi River Construction Fund to make payments due under
Contracts PA-63 and PA-64 for the construction of secondary
treatment facilities at the Lemay Wastewater Treatment Plant, in
St. Louis County, Missouri, and directing repayment of said loan.
WHEREAS, Ordinance No. 3836, adopted August 8, 1979,
and Ordinance 4303, adopted March 11, 1981, appropriated the
funding for said construction,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of One Million Dollars
($1,000,000.00) is hereby transferred as a loan from the General
Fund of the District to the Mississippi River Construction Fund to
make payments due under Contracts PA-63 and PA-64 for the
construction of secondary treatment facilities at the Lemay
Wastewater Treatment Plant, in St. Louis County, Missouri.
Section Two. The Director of Finance is hereby
directed to repay to the General Fund of the District the loan as
provided in Section One of the Ordinance from funds received from
the Fifth Issue of the Ninety-five Million Dollars
($95,000,000.00) authorized General Obligation Sewer Bonds of the
Mississippi River Subdistrict.
The foregoing Ordinance was adopted February 8, 1984.