HomeMy Public PortalAboutR3131RESOLUTION NO. 3131
WHEREAS, the Executive Director on behalf of The Metropolitan St. Louis
Sewer District has entered into a contract with Raftelis Financial Consultants, Inc. whereby
Raftelis Financial Consultants, Inc. will provide rate design software, training and support
services; rate proposal preparation and expert testimony for anticipated future rate commission
proceedings and preparation of financial feasibility studies as needed for the issuance of District
bonds.
WHEREAS, Ordinance No. 13382, adopted March 8, 2012, authorized the
District to pay Raftelis Financial Consultants, Inc. for said rate consulting services and
WHEREAS, said contract provided for an initial term of one (1) year with four (4) additional
one-year renewal terms at the option of the District, and
WHEREAS, the Metropolitan St. Louis Sewer District desires to exercise its 2nd
of four (4) option years to renew said contract for an additional one-year term.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF
THE METROPOLITAN ST. LOUIS SEWER DISTRICT, THAT the contract with Raftelis
Financial Consultants, Inc. whereby Raftelis Financial Consultants, Inc. would provide rate
design software, training and support services; rate proposal preparation and expert testimony for
anticipated future rate commission proceedings and preparation of financial feasibility studies as
needed for the issuance of District bonds is hereby renewed for an additional one-year term.
The foregoing Resolution was adopted on February 13, 2014.