HomeMy Public PortalAbout14246ORDINANCE NO. 14246
AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer
on behalf of The Metropolitan St. Louis Sewer District to enter into a change order for Ten
Thousand Dollars ($10,000.00) to the original contract with Raftelis Financial Consultants, Inc.
for professional services needed to prepare the financial feasibility study needed for the issuance
of District bonds.
WHEREAS, Ordinance No. 13382, adopted March 8, 2012, authorized the
original contract with Raftelis Financial Consultants Inc. and provided a fee not to exceed Seven
Hundred Ninety-Nine Thousand Seven Hundred Forty Dollars ($799,740.00) for rate design
software, training and support services; rate proposal preparation and expert testimony for
anticipated future rate commission proceedings; and preparation of financial feasibility studies as
needed for the issuance of District bonds; and
WHEREAS, the Director of Finance has certified that there is an unencumbered
balance in the above named fund sufficient to pay the obligation authorized herein.
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
Metropolitan St. Louis Sewer District, are hereby authorized to enter into a change order for Ten
Thousand Dollars ($10,000.00) to the original contract with Raftelis Financial Consultants, Inc.
for professional services needed to prepare the financial feasibility study needed for the issuance
of District bonds.
Section Two. The change order authorized in Section One 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 on October 8, 2015.