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HomeMy Public PortalAboutR0567 R E S O L U T I O N NO. 567 WHEREAS, the District has heretofore adopted Ordinance No. 775 establishing the Mississippi River 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. 775; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT that an improvement in the Mississippi River 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 system of sanitary interceptor sewers and sewage disposal and treatment plants and works for said subdistrict. Such sewage disposal and treatment plants and works and sanitary interceptor sewers to be of sufficient size and capacity to provide sanitary sewage disposal and treatment facilities for the estimated ultimate population of the Mississippi River 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 sewage disposal and treatment plants and works and sanitary interceptor sewers will be Ninety Five Million Dollars ($95,000,000.00), and that funds to pay for such improvement should 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 such subdistrict, provided such bonds are authorized by a vote of the registered voters in the Mississippi River Subdistrict of The Metropolitan St. Louis Sewer District at an election to be hereafter held for that purpose in accordance with the Plan of the District. The foregoing Resolution was adopted September 10, 1962.