HomeMy Public PortalAboutR2211 R E S O L U T I O N NO. 2211
WHEREAS, the Executive Director has prepared a list of proposed
expenditures for the District in the form of a Capital Improvement Program for the next four
fiscal years ending in 2000 in compliance with Section 7.090 of the District's Plan; and
WHEREAS, the Capital Improvement Program is set forth in Sections II, III,
V, VI, VII and IX of the District's 1996-97 Proposed Budget; and
WHEREAS, the Capital Improvement Program is a long-term plan for
financing capital improvements in the District and the Subdistrict; and
WHEREAS, the capital improvements set forth in the Capital Improvement
Program may be financed from numerous sources including District or Subdistrict funds, as
the case may be, state and federal grants, and contributions of local municipalities; and
WHEREAS, the availability of total funds to finance a particular capital
improvement in any fiscal year cannot be predicted with reasonable certainty; and
WHEREAS, the costs of capital improvements set forth in the Capital
Improvement Program are based upon engineering estimates and may change when
construction of the capital improvements are bid and the contracts for construction are
awarded; and
WHEREAS, the Board of Trustees deems it desirable to provide a Capital
Improvement Program as the capital improvement planning document of the District for the
next four fiscal years ending in 2000.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of The
Metropolitan St. Louis Sewer District as follows:
Section One. That the Capital Improvement Program as set forth in Sections
II, III, V, VI, VII and IX of the District's 1996-97 Proposed Budget is hereby approved
subject to the limitations of the Plan of the District and this Resolution as the District's long-
term capital improvement planning document for the next four fiscal years ending 2000.
Section Two. That the Capital Improvement Program is a planning document
to provide guidance to the administration and staff of the District as to capital improvement
priorities for the District and the Subdistricts for fiscal year 1996-97 and is subject to
revision by the Board of Trustees upon recommendation of the Executive Director to reflect
changing priorities, availability of funds, and revised project costs.
Section Three. That it is the intent of the Board of Trustees that the amounts
shown in the Capital Improvement Program for fiscal year 1996-97 which are derived from
District and Subdistrict funds be set aside for capital improvements within the appropriate
District or Subdistrict as identified in the Capital Improvement Program until further action
by the Board of Trustees.
Section Four. That the specific capital improvements to be constructed in
fiscal year 1996-97 and the appropriation of funds therefor may be approved by the Board
of Trustees of the District by ordinance at the time project costs can be determined and
funds from all sources needed to finance the capital improvement are available for
appropriation.
Section Five. That the Capital Improvement Program shall be reviewed and
revised by the Board of Trustees from year to year as a part of the District's budget
process to reflect a four-year plan for financing capital improvements in the District and
Subdistricts.
The foregoing Resolution was adopted April 18, 1996.