Board Bill Number 285 In Session 2006-2007

Summary

BOARD BILL NO. 285 INTRODUCED BY ALDERWOMAN PHYLLIS YOUNG An Ordinance recommended and approved by the Airport Commission, Board of Public Service, and the Board of Estimate and Apportionment authorizing a Fourth Amendment to Section One of the Building Projects Public Works Ordinance 65163 approved February 15, 2001, as amended by Ordinance 65625 approved August 5, 2002, Ordinance 66612 approved February 16, 2005, and Ordinance 67115 approved June 5, 2006, which authorized a multi-year public work and improvement program (the "Building Projects") at Lambert-St. Louis International Airport® (the "Airport"), increasing the total estimated costs of the Building Projects by Five Million Four Hundred Ninety Two Thousand One Hundred Ninety Dollars ($5,492,190) to One Hundred Four Million Six Hundred Thirty Three Thousand Four Hundred Nine Dollars ($104,633,409); amending Section Two of the Building Projects Public Works Ordinance 65163 as amended by Ordinances 65625, 66612, and 67115, which authorized and provided for the initial appropriation and expenditure of funds for the Building Project by deleting Section Two of Ordinance 65163 as amended in its entirety and substituting a new Section Two thereby reducing the amount of the initial appropriation from the Passenger Facility Charge Fund by One Million Seven Thousand Dollars ($1,007,000); authorizing a Second Supplemental Appropriation in the total amount of Six Million Four Hundred Ninety Nine Thousand One Hundred Ninety Dollars ($6,499,190) as follows: a) Five Million Five Hundred Twenty Eight Thousand One Hundred Twenty Dollars ($5,528,120) from the Airport Development Fund and b) Nine Hundred Seventy One Thousand Seventy Dollars ($971,070) from the sub-account of the Series 2002 Airport Construction Account in the Airport Construction Fund into the Building Projects Public Works Ordinance 65163 as amended for the payment of costs authorized therein; containing a severability clause; and containing an emergency clause.

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