HomeMy Public PortalAbout05771 O R D I N A N C E NO. 5771
AN ORDINANCE, transferring Two Million Nine Hundred
Thirty-four Thousand Dollars ($2,934,000.00) as a loan from the
Mississippi River Operating Fund to the Mississippi River
Construction Fund, and appropriating Two Million Nine Hundred
Thirty-four Thousand Dollars ($2,934,000.00) from the Mississippi
River Construction Fund of which Two Hundred Ninety-three Thousand
Four Hundred Dollars ($293,400.00) is to be used to pay the
District's ten percent (10%) share; a grant of Two Million Two
Hundred Thousand Five Hundred Dollars ($2,200,500.00) has been
received from the Environmental Protection Agency, and Four
Hundred Forty Thousand One Hundred Dollars ($440,100.00) has been
reserved by the Missouri Department of Natural Resources for
Contracts E-229, E-231, PA-63, and PA-64 (Completion of secondary
treatment facilities at the Lemay Wastewater Treatment Plant), and
directing repayment of said loan.
WHEREAS, the District has received a seventy-five
percent (75%) grant from the Environmental Protection Agency of
the United States to pay seventy-five percent (75%) of the cost of
said project, and
WHEREAS, a fifteen percent (15%) grant has been
reserved by the Missouri Department of Natural Resources to pay
fifteen percent (15%) of the cost of said project,
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NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of Two Million Nine Hundred
Thirty-four Thousand Dollars ($2,934,000.00) is hereby transferred
as a loan from the Mississippi River Operating Fund to the
Mississippi River Construction Fund.
Section Two. The sum of Two Hundred Ninety-three
Thousand Four Hundred Dollars ($293,400.00) is hereby appropriated
from the Mississippi River Construction Fund to pay ten percent
(10%) of the cost for Contracts E-229, E-231, PA-63, and PA-64
(Completion of secondary treatment facilities at the Lemay
Wastewater Treatment Plant).
Section Three. The grant from the Environmental
Protection Agency of the United States amounts to Two Million Two
Hundred Thousand Five Hundred Dollars ($2,200,500.00), which will
be deposited in the Mississippi River Construction Fund, and is to
pay seventy-five percent (75%) of the cost for Contracts E-229, E-
231, PA-63, and PA-64 (Completion of secondary treatment
facilities at the Lemay Wastewater Treatment Plant); and said
amount is hereby appropriated to be used to make said payments
when due and payable under the terms of the contracts for said
project.
Section Four. The reserved grant from the Missouri
Department of Natural Resources amounts to Four Hundred Forty
Thousand One Hundred Dollars ($440,100.00), which will be
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deposited in the Mississippi River Construction Fund, and is to
pay fifteen percent (15%) of the cost for Contracts E-229, E-231,
PA-63, and PA-64 (Completion of secondary treatment facilities at
the Lemay Wastewater Treatment Plant); and said amount is hereby
appropriated to be used to make said payments when due and payable
under the terms of the contracts for said project.
Section Five. The Director of Finance is hereby
directed to repay to the Mississippi River Operating Fund the loan
as provided in Section One of this ordinance as funds become
available from Federal and State grants.
Section Six. This ordinance, being an appropriation
ordinance, shall take effect immediately upon its enactment.
The foregoing Ordinance was adopted November 14, 1984.