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.