HomeMy Public PortalAbout13051ORDINANCE NO. 13051
AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer
on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Milliman,
Inc. whereby Milliman, Inc. will provide actuarial services for the District's Pension Plan,
accrued sick leave program and vacation accrual, as well as GASB 45 Post Retirement Benefits
Reporting; and consultant services for the District's Risk Management division.
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
Milliman, Inc. whereby Milliman, Inc. will provide actuarial services for the District's Pension
Plan, accrued sick leave program, and vacation accrual, as well as GASB 45 Post Retirement
Benefits Reporting; and consultant services for the District's Risk Management division.
Section Two. The contract authorized in Section One of this ordinance shall
provide for an initial term of two (2) years with one (1) one-year renewal option, at an annual fee
of Thirty Thousand Dollars ($30,000), and contain such other terms and conditions as are
approved by the office of the General Counsel of the District.
The foregoing Ordinance was adopted March 11, 2010.