Loading...
HomeMy Public PortalAbout13390ORDINANCE NO. 13390 AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Gilmore & Bell, P.C., whereby Gilmore & Bell, P.C. will serve as either the Bond Counsel or Disclosure Counsel for the District as deemed by the District in a transaction by transaction basis. WHEREAS, Gilmore & Bell, P.C. submitted a favorable proposal to serve as either Bond Counsel or Disclosure Counsel; 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 contractor agreement with Gilmore & Bell, P.C., whereby Gilmore & Bell, P.C. will serve as either Bond Counsel or Disclosure Counsel for the District on a transaction by transaction basis. The term of this contract is to be limited to the lesser of either the next Bond authorization as approved by the electorate at the June 5, 2012 election, or a period of five (5) years. Section Two. The contracts authorized in Section One of this ordinance shall provide for a fee not to exceed the amount of such funds as have been allocated in the budget of the Office of the General Counsel for professional services, 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 10, 2012.