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HomeMy Public PortalAbout07391 O R D I N A N C E NO. 7391 AN ORDINANCE, appropriating Fifty Thousand Dollars ($50,000.00) from the General Fund of the District to reimburse the City of Maryland Heights, Missouri for funds expended by said City for the Parkwoods stormwater project. WHEREAS, the funds herein appropriated represent money received by the District pursuant to the St. Louis County $5 Million Bond Issue Stormwater Program, and WHEREAS, after reimbursement from St. Louis County and the State of Missouri, the City of Maryland Heights, Missouri's share of the project cost will be Twenty-one Thousand Five Hundred Seventy-six Dollars ($21,576.00), and WHEREAS, St. Louis County 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 Parkwoods stormwater project is One Hundred Seven Thousand Three Hundred Sixty-three Dollars ($107,363.00). 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 City of Maryland Heights, Missouri for funds expended by said City for the Parkwoods stormwater project. Section Two. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted February 24, 1988. -2-