HomeMy Public PortalAbout13246ORDINANCE NO. 13246
AN ORDINANCE, amending Ordinance No. 13103, as adopted June 10, 2010,
and enacting a new Section One and a new Section Two in lieu thereof in order to correct a
scriveners error for the District's fiscal periods through June 30, 2010 and extend the contract
with Schmersahl Trealor & Co. for Independent Audit Services to include all periods through
June 30, 2011.
WHEREAS, Section One of Ordinance No. 13103, as adopted June 10, 2010, did
not cover the period ending June 30, 2010, and said Section shall be amended to allow for an
independent audit for all fiscal periods through June 30, 2011, and
WHEREAS, Section Two of Ordinance No. 13103, as adopted June 10, 2010
authorized a fee of One Hundred Thirty Thousand Dollars ($130,000.00), and said Section shall
be amended to authorize a fee of One Hundred Fifty Thousand Dollars ($150,000.00).
WHEREAS, the District is required by Charter to audit the financial records for
the fiscal years ended June 30, 2010 and June 30, 2011, and
WHEREAS, the District seeks an interim review of its financial statements as of
March 31, 2011, in order to facilitate a sale of bonds.
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, on behalf of the
Board of Trustees of The Metropolitan St. Louis Sewer District, are hereby authorized to enter
into a contract with Schmersahl Treloar & Co., for an independent audit of all accounts and
funds of the District and all Subdistrict for all fiscal periods through June 20, 2011.
Section Two. The contract authorized in Section One of this Ordinance shall
provide for a fee of not to exceed One Hundred Fifty Thousand Dollars ($150,000.00) and shall
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 May 12, 2011.