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HomeMy Public PortalAbout07231 O R D I N A N C E NO. 7231 AN ORDINANCE, appropriating Fifty Thousand Dollars ($50,000.00) from the General Fund of the District to reimburse the Village of Twin Oaks, Missouri for funds expended by said Village for the Ann Avenue-Autumn Leaf stormwater project. WHEREAS, the funds herein appropriated represent money received by the District pursuant to the St. Louis County $5 Million Bond Issue Program, and WHEREAS, after reimbursement, the Village of Twin Oaks, Missouri's share of the project cost will be Two Hundred Eighty Thousand Dollars ($280,000.00), and WHEREAS, the State of Missouri will provide One Hundred Sixty-five Thousand Dollars ($165,000.00) toward the project cost, and WHEREAS, St. Louis County, Missouri provided Fifty Thousand Dollars ($50,000.00) toward the project cost, and WHEREAS, since the project is located in the annexed area of the District, the District will not provide any funds toward the cost of said stormwater project, and WHEREAS, the total project cost for the Ann Avenue- Autumn Leaf stormwater project is Four Hundred Ninety-five Thousand Dollars ($495,000.00). 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 Fifty Thousand Dollars ($50,000.00) is hereby appropriated from the General Fund of the District to reimburse the Village of Twin Oaks, Missouri for funds expended by said Village for the Ann Avenue-Autumn Leaf stormwater project. Section Two. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted July 16, 1987. -2-