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HomeMy Public PortalAbout05614 O R D I N A N C E NO. 5614 AN ORDINANCE, transferring Twenty-seven Thousand Dollars ($27,000.00) from the Missouri Bottoms Operating Fund as a loan to the Missouri Bottoms Connection Fund and appropriating Twenty- seven Thousand Dollars ($27,000.00) from the Missouri Bottoms Connection Fund to pay a recoupment to Community Savings Service Corporation for the advancement of costs for the construction of sanitary outfall sewers connecting into the sewerage system of the Missouri Bottoms Service Area of the District. WHEREAS. Ordinance No. 5583, as adopted April 11, 1984, authorized the contract which provided for the recoupment of said costs by said Community Savings Service Corporation. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of Twenty-seven Thousand Dollars ($27,000.00) is hereby transferred as a loan from the Missouri Bottoms Operating Fund to the Missouri Bottoms Connection Fund. Section Two. The sum of Twenty-seven Thousand Dollars ($27,000.00) is hereby appropriated from the Missouri Bottoms Connection Fund to pay a recoupment to Community Savings Service Corporation for the advancement of costs for the construction of sanitary outfall sewers connecting into the sewerage system of the Missouri Bottoms Service Area of the District. Section Three. The Director of Finance is hereby directed to repay to the Missouri Bottoms Operating Fund the loan as provided in Section One of this ordinance as funds become available from the collection of connection fees in the Missouri Bottoms Service Area of the District. Section Four. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted May 9, 1984.