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HomeMy Public PortalAbout05413 O R D I N A N C E NO. 5413 AN ORDINANCE, authorizing and directing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Analytic Investment Management, Inc. whereby said corporation will act as investment manager for a certain portion of the District's Pension Fund with the primary objective of selling exchange traded covered options. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METRO- POLITAN ST. LOUIS SEWER DISTRICT: Section One. The Executive Director and Secretary-- Treasurer are hereby authorized and directed on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Analytic Investment Management, Inc. whereby said corporation will act as investment manager for a certain portion of the District's Pension Fund with the primary objective of selling exchange - traded covered options. Section Two. The contract authorized in Section One of this ordinance shall be comprised of such terms and conditions as are approved by the Director of Legal Services of the District. The foregoing Ordinance was adopted December 14, 1983.