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Home My Public Portal About12746O R D I N A N C E NO. 12746 AN ORDINANCE, authorizing the Executive Director and Secretary- Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into contracts with: Backstrom McCarley Berry & Co. LLC, Banc of America Securities, Edward Jones, George K. Baum & Co, JP Morgan Chase & Co, Piper Jaffray & Co, Samuel Ramirez & Co., Siebert Brandford Shank & Co LLC, Inc., Stern Brothers & Co, Stifel Nicolaus & Company Inc., Merrill Lynch and Wachovia Securities whereby Backstrom McCarley Berry & Co. LLC, Banc of America Securities, Edward Jones, George K. Baum & Co, J.P. Morgan Chase & Co, Piper Jaffray & Co, Samuel Ramirez & Co., Siebert Brandford Shank & Co LLC, Inc., Stern Brothers & Co, Stifel Nicolaus & Company Inc., Merrill Lynch and Wachovia Securities will serve as Bond Underwriters for the District for debt issues arising from the authorization received from the voters at the August 5, 2008 election. WHEREAS, the District has Two Hundred Seventy-five Million Dollars ($275,000,000.00) of debt authorization from the August 5, 2008 election available, and WHEREAS, the District intends to issue a portion of this debt on a stand-alone basis, and WHEREAS, the District seeks to utilize this debt to fund construction activity, and WHEREAS, the District seeks to assemble a financing team to underwrite both long-term debt and commercial paper, and WHEREAS, the District will seek MWBE participation in said financing team, 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 contracts with Backstrom McCarley Berry & Co. LLC, Banc of America Securities, Edward Jones, George K. Baum & Co, J.P. Morgan Chase & Co, Piper Jaffray & Co, Samuel Ramirez & Co., Siebert Brandford Shank & Co LLC, Inc., Stern Brothers & Co, Stifel Nicolaus & Company Inc., Merrill Lynch and Wachovia Securities will serve as Bond Underwriters for the District for debt issuances arising from the August 5, 2008 election. Section Two. The contracts 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.