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HomeMy Public PortalAbout07097 O R D I N A N C E NO. 7097 AN ORDINANCE, appropriating Two Hundred Seventy-four Thousand Five Hundred Dollars ($274,500.00) from the Operation, Maintenance and Construction Improvement Fund of the University Branch of River des Peres to be used for project costs for the construction of storm sewers in North Price Road - Alice Place Phase II/Irvington Court (87113), in the City of Olivette, Missouri. WHEREAS, the bid for the construction of storm sewers is Two Hundred Fifty-two Thousand Three Hundred Twenty-four and 55/100 Dollars ($252,324.55), and the cost of inspection, construction staking, advertisement costs, easement charges, and allowance for construction change orders is Twenty-two Thousand One Hundred Seventy-five and 45/100 Dollars ($22,175.45), and WHEREAS, the State of Missouri has agreed to contribute Ninety-one Thousand Five Hundred Dollars ($91,500.00) toward the total costs of said project; upon the receipt of such funds from said source, said money will be returned to the Operation, Maintenance and Construction Improvement Fund of the University City Branch of River des Peres, and WHEREAS, the City of Olivette, Missouri, pursuant to the Housing and Community Development Act of 1974, has agreed to contribute Ninety-one Thousand Five Hundred Dollars ($91,500.00) toward the total costs of said project; upon the receipt of such funds from said source, said money will be returned to the Operation, Maintenance and Construction Improvement Fund of the University City Branch of River des Peres, and WHEREAS, the Director of Finance has certified that there is an unencumbered balance in the above-named fund sufficient to pay the obligation incurred herein, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of Two Hundred Seventy-four Thousand Five Hundred Dollars ($274,500.00) is hereby appropriated from the Operation, Maintenance and Construction Improvement Fund of the University City Branch of River des Peres to be used for project costs for the construction of storm sewers in North Price Road - Alice Place Phase II/Irvington Court (87113), in the City of Olivette, Missouri. Section Two. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted March 25, 1987. -2-