HomeMy Public PortalAbout11670O R D I N A N C E NO. 11670
AN ORDINANCE, authorizing the Executive Director and
Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer
District to enter into a contract with Black & Veatch Corporation
whereby Black & Veatch Corporation will reconstruct the District's rate
model to accommodate the preparation of a long-term funding plan for
use in upcoming due diligence discussions with bond rating agencies,
and for future anticipated Rate Commission proceedings.
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 Black & Veatch Corporation
whereby Black & Veatch Corporation will reconstruct the District's rate
model to accommodate the preparation of a long-term funding plan for
use in upcoming due diligence discussions with bond rating agencies,
and future anticipated Rate Commission proceedings.
Section Two. The contract authorized in Section One of this
Ordinance shall provide for a fee not to exceed Thirty Thousand Dollars
($30,000.00), and be comprised of such other terms and conditions as
are approved by the Office of the General Counsel of the District.
The foregoing Ordinance was adopted January 8, 2004.