HomeMy Public PortalAbout12745O R D I N A N C E NO. 12745
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 September 11, 2008.