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HomeMy Public PortalAbout10488 O R D I N A N C E NO. 10488 AN ORDINANCE, authorizing the Executive Director and Secretary- Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Employers Reassurance Corporation for the District's Stop Loss coverage for the District's self-insured health plan for District employees and family members. 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 Employers Reassurance Corporation for the District's Stop Loss coverage for the District's self-insured health plan for District employees and family members for the period February 1, 1999 to January 31, 2000. Section Two. The contract authorized in Section One of this Ordinance shall provide that the contract may be renewed from year to year at the option of the District unless otherwise terminated, and for such other terms and conditions as are approved by the office of the General Counsel of the District. The foregoing Ordinance was adopted December 10, 1998 by the following vote – Ayes – C.L. Barnhart, J.W. Siscel, C.D. Seward, P.P. Finn, G.J. Sheffield, and M.C. Willaims. Nays – None. Secretary-Treasurer