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HomeMy Public PortalAbout07554 O R D I N A N C E NO. 7554 AN ORDINANCE, appropriating Twenty-one Thousand Eight Hundred Forty Dollars ($21,840.00) from the Fee Fee Extension and Improvement Account to pay Teak Associated Investments, Inc. a recoupment for sanitary sewer construction costs advanced by it pursuant to a recoupment contract with the District, dated June 20, 1988, as authorized by Ordinance No. 6222, adopted October 23, 1985. 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 Twenty-one Thousand Eight Hundred Forty Dollars ($21,840.00) is hereby appropriated from the Fee Fee Extension and Improvement Account to pay Teak Associated Investments, Inc. a recoupment for sanitary sewer construction costs advanced by it pursuant to a recoupment contract with the District, dated June 20, 1988, as authorized by Ordinance No. 6222, adopted October 23, 1985. Section Two. This Ordinance, being an appropriation Ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted September 28, 1988.