HomeMy Public PortalAboutR2365 R E S O L U T I O N NO. 2365
WHEREAS, the Executive Director has prepared a list of
proposed expenditures for the District in the form of a Capital
Improvement & Replacement Program for the next five fiscal years
ending in 2005 in compliance with Section 7.090 of the District's
Plan; and
WHEREAS, the Capital Improvement & Replacement Program is
set forth in Sections II, III, VI, VII and IX of the District's
2000-2001 Proposed Budget; and
WHEREAS, the Capital Improvement & Replacement 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 & Replacement 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 & Replacement Program are based upon
engineering estimates and may change when construction of the
capital improvements are bid and the contracts for construction are
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awarded; and
WHEREAS, the Board of Trustees deems it desirable to
provide a Capital Improvement & Replacement Program as the capital
improvement planning document of the District for the next five
fiscal years ending in 2005.
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 & Replacement
Program as set forth in Sections II, III, VI, VII and IX of the
District's 2000-2001 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 five fiscal years ending 2005.
Section Two. That the Capital Improvement & Replacement
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
2000-2001 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 &
Replacement Program for Fiscal Year 2000-2001 which are derived
from District and Subdistrict funds be set aside for capital
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improvements within the appropriate District or Subdistrict as
identified in the Capital Improvement & Replacement Program until
further action by the Board of Trustees.
Section Four. That the specific capital improvements to
be constructed in Fiscal Year 2000-2001 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 & Replacement
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 five-year plan for financing capital improvements in the District
and Subdistricts.
The foregoing Resolution was adopted April 13, 2000.