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HomeMy Public PortalAbout09911 O R D I N A N C E NO. 9911 AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Magna Trust Company, Mercantile Bank of St. Louis and Boatmen's National Bank of St. Louis whereby Magna Trust Company, Mercantile Bank of St. Louis and Boatmen's National Bank of St. Louis will perform banking and safekeeping services for the District. 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 Magna Trust Company, Mercantile Bank of St. Louis and Boatmen's National Bank of St. Louis whereby Magna Trust Company, Mercantile Bank of St. Louis and Boatmen's National Bank of St. Louis will perform banking and safekeeping services for the District. 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 July 11, 1996.