HomeMy Public PortalAbout09115 O R D I N A N C E NO. 9115
AN ORDINANCE, authorizing the Executive Director and
Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer
District to enter into a contract with William Mercer Asset
Planning, Inc. whereby said William Mercer Asset Planning, 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 William Mercer
Asset Planning, Inc. whereby said William Mercer Asset Planning,
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.