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HomeMy Public PortalAbout05773 O R D I N A N C E NO. 5773 AN ORDINANCE, transferring One Million Eight Hundred Ninety-nine Thousand Four Hundred Eighty-eight Dollars ($1,899,488.00) as a loan from the General Fund of the District to the Mississippi River Construction Fund, and appropriating Three Million Six Hundred Eighty-eight Thousand Six Hundred Dollars ($3,688,600.00) from the Mississippi River Construction Fund to be used for the construction of sanitary sewers, together with repayment of the cost of Engineering, Survey and Inspection, and miscellaneous other costs incurred in connection with such construction project, in Maline Creek Sewer and Channel Improvements (S-2173, C-1063A), in the City of St. Louis, Missouri, and St. Louis County, Missouri, and directing repayment of said loan. WHEREAS, the State of Missouri, has agreed to contribute One Million Seven Hundred Eighty-nine Thousand One Hundred Twelve Dollars ($1,789,112.00) toward the total costs of said project; upon the receipt of such funds from said source, said money will be returned to the Mississippi River Construction Fund, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of One Million Eight Hundred Ninety- nine Thousand Four Hundred Eighty-eight Dollars ($1,899,488.00) is hereby transferred as a loan from the General Fund of the District to the Mississippi River Construction Fund. Section Two. The sum of Three Million Six Hundred Eighty-eight Thousand Six Hundred Dollars ($3,688,600.00) is hereby appropriated from the Mississippi River Construction Fund to be used for the construction of sanitary sewers, together with repayment of the costs of Engineering, Survey and Inspection, and miscellaneous other costs incurred in connection with such construction project, in Maline Creek Sewer and Channel Improvements (S-2173, C-1063A), in the City of St. Louis, Missouri, and St. Louis County, Missouri. Section Three. The Director of Finance is hereby directed to repay to the General Fund of the District the loan as provided in Section One of this ordinance as funds become available in the Mississippi River Subdistrict. Section Four. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted November 28, 1984. -2-