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HomeMy Public PortalAbout05647 O R D I N A N C E NO. 5647 AN ORDINANCE, authorizing and directing the Executive Director and Secretary-Treasurer of The Metropolitan St. Louis Sewer District to purchase all real property, sewage treatment facilities, pump stations, improvements and easement rights, all personal property, all franchise and contract rights, and all accounts receivable of Riverside Sewer Company, Inc., a Missouri Corporation. 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 on behalf of The Metropolitan St. Louis Sewer District to purchase all real property, sewage treatment facilities, pump stations, improvements and easement rights, all personal property, all franchise and contract rights, and all accounts receivable of Riverside Sewer Company, Inc., a Missouri Corporation. Section Two. The purchase as authorized in Section One of this ordinance shall be for a price of Three Hundred Ten Thousand Dollars ($310,000.00), and such other terms and conditions as are approved by the Assistant Executive Director and General Counsel of the District. The foregoing Ordinance was adopted June 20, 1984