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HomeMy Public PortalAbout07586 O R D I N A N C E NO. 7586 AN ORDINANCE, transferring Three Hundred Six Thousand Dollars ($306,000.00) as a loan from the General Fund of the District to the Clean Water Capital Improvement Trust Fund, and appropriating Two Million One Hundred Forty Thousand Dollars ($2,140,000.00) from the Clean Water Capital Improvement Trust Fund, for Contracts E-562 (additional design services for the Baumgartner Facilities Upgrade), E-631 (engineering services during construction of the Baumgartner Facilities Upgrade), and 86082 (construction of the Baumgartner Facilities Upgrade); and providing for repayment of the aforementioned loan. WHEREAS, the bid for the construction of the Baumgartner Facilities Upgrade is One Million Seven Hundred Ninety-three Thousand Five Hundred Seventy-three dollars ($1,793,573.00), the cost of additional design services is Thirty- four Thousand Seven Hundred Eighteen Dollars ($34,718.00), the cost of engineering services during construction is Two Hundred Four Thousand Six Hundred Four Dollars ($204,604.00), and the cost of advertisement, utility relocations and allowance for change orders is One Hundred Seven Thousand One Hundred Five Dollars ($107,105.00),and WHEREAS, the Board of Trustees of the District has heretofore adopted Ordinance No. 7543 (establishing a schedule of Capital Improvement Surcharges to be deposited in the Clean Water Capital Improvement Trust Fund) which will provide additional revenues for the current budget year, and pursuant to Section 7.120 of the Plan of the District the Executive Director has estimated that the amount to be actually received therefrom during the current budget year will equal or exceed the amount of the appropriation effected herein, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of Three Hundred Six Thousand Dollars ($306,000.00) is hereby transferred as a loan from the General Fund of the District to the Clean Water Capital Improvement Trust Fund. Section Two. The sum of Two Million One Hundred Forty Thousand Dollars ($2,140,000.00) is hereby appropriated from the Clean Water Capital Improvement Trust Fund to pay the costs for Contracts E-562 (additional design services for the Baumgartner Facilities Upgrade), E-631 (engineering services during construction of the Baumgartner Facilities Upgrade) and 86082 (construction of the Baumgartner Facilities Upgrade). Section Three. The Director of Finance is hereby directed to repay the loan as authorized in Section One above as sufficient funds become available in the Clean Water Capital Improvement Trust Fund. Section Four. This Ordinance, being an appropriation Ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted November 9, 1988.