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HomeMy Public PortalAbout08664 O R D I N A N C E NO. 8664 AN ORDINANCE, repealing Ordinance No. 8537, as adopted December 11, 1991, and enacting a new ordinance in lieu thereof, authorizing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Premier-Oakwood Farms Corporation for the recovery of costs by said Premier-Oakwood Farms Corporation for a period not to exceed twenty years, for the construction of The Ridges of Oakwood Farms Sanitary Trunk Sewer (P-18300), within the Fee Fee Trunk Sewer Subdistrict of the District. WHEREAS, Ordinance No. 8537 authorized a contract with Oakwood Ridge Farms Development Corporation for the recovery of costs for the construction of The Ridges of Oakwood Farms Sanitary Trunk Sewer, and WHEREAS, said Oakwood Ridge Farms Development Corporation has been succeeded by Premier-Oakwood Farms Corporation for the purposes of said construction, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. Ordinance No. 8537, as adopted December 11, 1991, is hereby repealed. Section Two. The Executive Director and Secretary- Treasurer are hereby authorized on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Premier-Oakwood Farms Corporation for the recovery of costs by said Premier- Oakwood Farms Corporation, for a period not to exceed twenty years, for the construction of The Ridges of Oakwood Farms Sanitary Trunk Sewer (P-18300), within the Fee Fee Trunk Sewer Subdistrict of the District. Section Three. The contract 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 May 13, 1992.