HomeMy Public PortalAbout09114 O R D I N A N C E NO. 9114
AN ORDINANCE, authorizing the Executive Director and
Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer
District to enter into a contract with Kemper Securities, Inc.
whereby said Kemper Securities, Inc. will act as the employee
pension fund investment consultant for the District and provide
investment advisory services for the District's Deferred
Compensation Plan.
WHEREAS, the District staff on behalf of the Board of
Trustees has received and evaluated written proposals from firms
to provide pension fund and Deferred Compensation Plan investment
consulting services, and the Board of Trustees has conducted oral
interviews with selected firms,
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 Kemper
Securities, Inc. whereby said Kemper Securities, Inc. will act as
the employee pension fund consultant for the District and provide
investment advisory services for the District's Deferred
Compensation Plan.
Section Two. The contract authorized in Section One of
this ordinance 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 November 17, 1993.