HomeMy Public PortalAbout15600 Banking and Safekeeping Services 112320ORDINANCE NO. 15600
AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer on
behalf of The Metropolitan St. Louis Sewer District to enter into a contract with US Bank N.A. for
banking and safekeeping services for the District.
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 contract with US
Bank N.A. for banking and safekeeping services for the District.
Section Two. The contract authorized in Section One of this ordinance shall be a
three-year contract and may be renewed at the option of the District for five additional one (1) year
terms and shall be comprised of such terms and conditions as are approved by the Office of the
General Counsel of the District.
The foregoing ordinance was adopted on January 14, 2021.