HomeMy Public PortalAbout11209O R D I N A N C E NO. 11209
AN ORDINANCE, authorizing the Executive Director and Secretary-
Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into
contracts with Bear Stearns, Morgan Stanley, Banc of America Securities and A.G.
Edwards, whereby Bear Stearns, Morgan Stanley, Banc of America Securities and
A.G. Edwards will serve as co-senior Bond Underwriters for the District.
WHEREAS, Bear Stearns, Morgan Stanley, Banc of America Securities
and A.G. Edwards submitted the most favorable proposal to serve as co-senior
Bond Underwriters;
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF
TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The Executive Director and Secretary-Treasurer are
hereby authorized on behalf of The Metropolitan St. Louis Sewer District to enter
into a contract with Bear Stearns, Morgan Stanley, Banc of America Securities
and A.G. Edwards, whereby Bear Stearns, Morgan Stanley, Banc of America
Securities and A.G. Edwards will serve as co-senior Bond Underwriters for the
District.
Section Two. The contract authorized in Section One of this
ordinance shall be comprised of such terms and conditions as are approved by the
Office of the General Counsel of the District.
The Foregoing Ordinance was adopted April 11, 2002 by the following vote –
Ayes – T.W. Purcell, M.G. Reichert, A.J. Soukenik, C.D. Seward, and M.C.
Williams.
Nays – None.
Secretary-Treasurer