HomeMy Public PortalAboutR1379 R E S O L U T I O N NO. 1379
WHEREAS, pursuant to Section 7.080 of the Plan of The
Metropolitan St. Louis Sewer District, by Resolution No. 1351,
adopted June 20, 1973, the Board of Trustees of the District
selected certain banks and trust companies, within the boundaries
of the District, to be depositories for the funds for the District
and all Subdistricts for the Fiscal Year 1973-74, which resolution
also set forth certain provisions and requirements for such banks
and trust companies to do or agree to upon receipt of such funds,
and
WHEREAS, the Bank of Ladue, which was not in existence
at the beginning of said fiscal year, has requested that it be
added to the list of such depositories for the balance of this
fiscal year, which this District is agreeable to, and
WHEREAS, the Brentwood Bank, although an existing bank
within the District, has not been a depository bank because a
member of the Board of Trustees of the District is also a member
of the Board of Directors of said bank, but is now eligible since
such member of the Board of Trustees has resigned from the Board,
NOW, THEREFORE, BE IT RESOLVED, that the Bank of Ladue
and the Brentwood Bank be selected as depositories for the funds
of the District and all Subdistricts for the remainder of the
Fiscal Year 1973-74 for the general and special funds and accounts
of the District and Subdistricts.
BE IT FURTHER RESOLVED, that all the terms and
conditions of said Resolution No. 1351 shall apply to and govern
the use of relationships with such banks as such depository.
The foregoing Resolution was adopted January 9, 1974.