HomeMy Public PortalAbout07734 O R D I N A N C E NO. 7734
AN ORDINANCE, appropriating Sixty-nine Thousand Dollars
($69,000.00) from the Improvement Fund as an advancement for
project costs for the construction of sanitary sewers in
Subdistrict No. 655 (Varwig Lane East), 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. 655 (Varwig
Lane East), 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 Fifty-eight Thousand Four Hundred Forty-three Dollars
($58,443.00), and the cost of engineering, inspection,
construction staking, advertisement costs, allowance for
construction change orders, and tax bill expense is Ten Thousand
Five Hundred Fifty-seven Dollars ($10,557.00), 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 Sixty-nine Thousand Dollars
($69,000.00) is hereby appropriated from the Improvement Fund as
an advancement for project costs for the construction of sanitary
sewers, in Subdistrict No. 655 (Varwig Lane East), 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 April 12, 1989.
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