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HomeMy Public PortalAboutR0050 R E S O L U T I O N NO. 50 WHEREAS, the District has heretofore adopted Ordinance No. 29 establishing the Coldwater Creek Trunk Subdistrict of The Metropolitan St. Louis Sewer District, and delineating the boundaries thereof; and WHEREAS, it is the sense of the Board of Trustees of the District that it is necessary, in the interest of the public health of the District, that improvements be made in the Subdistrict established by Ordinance No. 29; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT that an improvement in the Coldwater Creek Trunk Subdistrict of The Metropolitan St. Louis Sewer District is necessary in the interest of the public health, and that the improvement shall consist of a sanitary trunk sewer connected to the northern terminus of an existing trunk sewer of The Metropolitan St. Louis Sewer District approximately two thousand two hundred (2,200) feet south of Natural Bridge Avenue, then extending northwardly therefrom down Coldwater Creek Valley to point near the intersection of Coldwater Creek and New Halls Ferry Road, at which point a sewage treatment facility will he constructed as a part of said improvement. Such sanitary trunk sewer and treatment plant to be of sufficient size and capacity to provide adequate sanitary sewer service and treatment for the estimated ultimate population of the Coldwater Creek Trunk Subdistrict. BE IT FURTHER RESOLVED, that, based upon the preliminary plans prepared for that purpose available to this Board, and upon the advice of its Executive Director, it is estimated the probable cost of such sanitary trunk sewer and treatment plant will be Four Million Dollars ($4,000,000), and that funds to pay for such improvement shall be derived from the sale of general obligation bonds, payable both principal and interest, by and from an annual tax on all taxable tangible property within said District, or from the sale of Revenue Bonds or such combination of such General Obligation Bonds and Revenue Bonds as may be determined, provided such bonds are authorized by a vote of the registered voters in the Coldwater Creek Trunk Subdistrict at an election to be hereafter held for that purpose in accordance with the Plan of the District. The foregoing Resolution was adopted March 19, 1956.