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HomeMy Public PortalAbout07858 O R D I N A N C E NO. 7858 AN ORDINANCE, appropriating Two Million Four Hundred Eighty-four Thousand Dollars ($2,484,000.00) from the Clean Water Capital Improvement Trust Fund, for the Owner Controlled Insurance Program for Fiscal Year 1990 during the construction of the Bissell Point Secondary Treatment Improvements at the Bissell Point Wastewater Treatment Plant, in the City of St. Louis, Missouri. WHEREAS, the cost of the Owner Controlled Insurance Program for Fiscal Year 1990 is Three Hundred Six Thousand Dollars ($306,000.00) for Design, Implementation, Administration and Loss Control Services; is One Million Eight Hundred Sixty Thousand Dollars ($1,860,000.00) for Workers' Compensation and Commercial General Liability Insurance; is Two Hundred Seventy Thousand Dollars ($270,000.00) for Excess Liability Insurance; and is Forty-eight Thousand Dollars ($48,000.00) for Builders' Risk Insurance, and WHEREAS, pursuant to Section 7.120 of the Plan of the District, the appropriation effected herein will not result in a deficit at the end of the current budget year, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The sum of Two Million Four Hundred eighty-four Thousand Dollars ($2,484,000.00) is hereby appropriated from the Clean Water Capital Improvement Trust Fund to pay the costs for the Owner Controlled Insurance Program for Fiscal Year 1990 during the construction of the Bissell Point Secondary Treatment Improvements at the Bissell Point Wastewater Treatment Plant, in the City of St. Louis, Missouri. Section Two. This ordinance, being an appropriation ordinance, shall take effect immediately upon its enactment. The foregoing Ordinance was adopted July 12, 1989. -2-