HomeMy Public PortalAboutR3615 HR Long-Term Disability (LIBMUT) ResolutionRESOLUTION NO. 3615
WHEREAS, Resolution No. 3615 will exercise option year one (1) of the contract
previously authorized by Ordinance No. 15283, adopted October 10, 2019, which authorized the
Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District
to enter into a contract with Lincoln Financial/Liberty Mutual, whereby Lincoln Financial/Liberty
Mutual would provide the District’s long-term disability insurance for the District employees.
WHEREAS, said contract provided for an initial term of one (1) year with
additional one-year renewal terms at the option of the District; and
WHEREAS, The Metropolitan St. Louis Sewer District desires to exercise its first
(1st) option year to renew said contract, commencing on January 1, 2021.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF
THE METROPOLITAN ST. LOUIS SEWER DISTRICT THAT, the Executive Director and
Secretary-Treasurer are hereby authorized on behalf of The Metropolitan St. Louis Sewer District
to exercise the District's option to renew for the first one-year renewal term, commencing on
January 1, 2021, the contract with Lincoln Financial/Liberty Mutual, whereby Lincoln
Financial/Liberty Mutual would provide the District’s long-term disability insurance for the
District employees, and said contract renewal shall be comprised of such other terms and
conditions as are approved by the Office of the General Counsel of the District.
The foregoing Resolution was adopted on September 10, 2020.