HomeMy Public PortalAboutR3270RESOLUTION NO. 3270
WHEREAS, the adoption of Resolution No. 3270 will exercise option year four
(4) of the contract previously authorized by Ordinance No. 13382, adopted March 8, 2012, which
authorized the Executive Director and Secretary-Treasurer on behalf of The Metropolitan
St. Louis Sewer District to enter into a 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; preparation of financial feasibility studies as needed for the issuance of District
bonds and assist with public communications regarding future stormwater initiatives.
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
fourth (4th) 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 Executive Director and
Secretary-Treasurer are hereby authorized on behalf of The Metropolitan St. Louis Sewer
District to exercise the District’s option to renew for the fourth one-year renewal term 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, and said contract renewal shall be
comprised of such terms and conditions as are approved by the Office of the General counsel of
the District.
This foregoing ordinance was adopted on April 14, 2016.