HomeMy Public PortalAbout11515O R D I N A N C E NO. 11515
AN ORDINANCE, authorizing the Executive Director and
Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer
District to enter into a contract with New England Pension Consultants
whereby New England Pension Consultants will act as the employee
pension fund investment consultant for the District and provide
investment advisory services for the District’s Deferred Compensation
Plan.
WHEREAS, the District staff on behalf of the Board of
Trustees has received and evaluated written proposals from firms to
provide pension fund and Deferred Compensation Plan investment
consulting services, and the Board of Trustees has conducted oral
interviews with selected firms,
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 New England Pension
Consultants whereby New England Pension Consultants will act as the
employee pension fund consultant for the District and provide
investment advisory services for the District’s Deferred Compensation
Plan.
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 June 12, 2003.