HomeMy Public PortalAbout08392 O R D I N A N C E NO. 8392
AN ORDINANCE, authorizing the Executive Director and
Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer
District to enter into a contract amendment with Hycel Partners I,
L.P. for the recovery of costs for a period not to exceed thirty
years by said Hycel Partners I, L.P. for the construction of a
combined sewer for the St. Louis Galleria P-13007, within The
Metropolitan St. Louis Sewer District.
WHEREAS, Ordinance No. 8018, adopted March 23, 1990,
authorized the execution of said contract, and
WHEREAS, the amendment as herein authorized will extend
the period for the recovery of costs by said Hycel Partners I,
L.P. to thirty years, as directed by Ordinance No. 340, adopted
November 5, 1959,
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES
OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The Executive Director and Secretary-
Treasurer are hereby authorized to enter into a contract amendment
with Hycel Partners I, L.P. for the recovery of costs for a period
not to exceed thirty years by said Hycel Partners I, L.P. for the
construction of a combined sewer for the St. Louis Galleria P-
13007 within The Metropolitan St. Louis Sewer District.
Section Two. The contract amendment authorized in
Section One of this ordinance shall be comprised of such terms and
conditions as are approved by the office of the General Counsel of
the District.
The foregoing Ordinance was adopted June 19, 1991.