HomeMy Public PortalAbout07712 O R D I N A N C E NO. 7712
AN ORDINANCE, appropriating One Hundred Fifty-six
Thousand Dollars ($156,000.00) from the Improvement Fund as an
advancement for project costs for the construction of sanitary
sewers in Subdistrict No. 511 (Lindbergh Terrace Addition), in St.
Louis County, Missouri, and providing for repayment of such
advancement,
WHEREAS, proceedings have been taken for the
construction of sanitary sewers in Subdistrict No. 511 (Lindbergh
Terrace Addition), to be paid for by special tax bills or other
evidence of special benefit assessments upon the land benefited by
such improvement, and
WHEREAS, the bid for the construction of said sanitary
sewers is One Hundred Thirty-three Thousand Four Hundred Two
Dollars ($133,402.00), and the cost of engineering, inspection,
construction staking, advertisement costs, allowance for
construction change orders, and tax bill expense is Twenty-two
Thousand Five Hundred Ninety-eight Dollars ($22,598.00),and
WHEREAS, the Director of Finance has certified that
there is an unencumbered balance in the above-named fund
sufficient to pay the obligation authorized herein,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The sum of One Hundred Fifty-six Thousand
Dollars ($156,000.00) is hereby appropriated from the Improvement
Fund as an advancement for project costs for the construction of
sanitary sewers, in Subdistrict No. 511 (Lindbergh Terrace
Addition), in St. Louis County, Missouri, pending payment into the
Improvement Fund of the costs hereby advanced from cash payments
in aid from any source and from the proceeds of collection of
special benefit assessments levied, or special tax bills issued,
to pay such costs.
Section Two. The anticipated payments, together with
any interest earned, shall be paid into the Improvement Fund named
in Section Two above.
Section Three. This ordinance, being an appropriation
ordinance, shall take effect immediately upon its enactment.
The foregoing Ordinance was adopted March 21, 1989.
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