HomeMy Public PortalAbout12402O R D I N A N C E NO. 12402
AN ORDINANCE, appointing McGriff, Seibels & Williams of
Missouri, Inc. the insurance broker of record for The Metropolitan St. Louis
Sewer District for a period of one (1) year, effective April 1, 2007; and
authorizing the Executive Director and Secretary-Treasurer on behalf of the
District to enter into a contract or contracts with McGriff, Seibels & Williams of
Missouri, Inc. whereby McGriff, Seibels & Williams of Missouri, Inc. will serve
as the District's broker of record and provide other services for the District's
insurance program.
WHEREAS, the staff has received and evaluated proposals from
insurance brokerage firms to act as the District's broker of record and to
provide other services for the District's insurance program, and
WHEREAS, based on the Request for Proposal process, the staff
has recommended the selection of McGriff, Seibels & Williams of Missouri, Inc.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF
TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. McGriff, Seibels & Williams of Missouri, Inc. is
hereby appointed the insurance broker of record for The Metropolitan St. Louis
Sewer District for a period of one (1) year, effective April 1, 2007; and the
Executive Director and Secretary-Treasurer are hereby authorized on behalf of
the District to enter into a contract or contracts with McGriff, Seibels &
Williams of Missouri, Inc. whereby McGriff, Seibels & Williams of Missouri, Inc.
will provide brokerage and other related services for the District's insurance
program.
Section Two. The contracts authorized in Section One of this
ordinance shall provide for a term of one (1) year with one (1) additional one-
year renewal terms at the option of the District at fees not to exceed Ninety-
eight Thousand Four Hundred Dollars ($98,400.00) per year, and shall be
comprised of such other terms and conditions as are approved by the office of
the General Counsel.
The foregoing Ordinance was adopted March 20, 2007.