Loading...
R3371 Pension Plan Investment Consultant - PavillionRESOLUTION NO. 3371 WHEREAS, the adoption of Resolution No. 3371 will exercise option year four (4) of the contract previously authorized by Ordinance No. 13719, adopted September 12, 2013, which authorized the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Pavilion Advisory Group Inc., whereby Pavilion Advisory Group Inc. would provide pension fund, deferred compensation plan, and defined contribution plan investment consulting services for the District. 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 Pavilion Advisory Group, Inc., whereby Pavilion Advisory Group, Inc. would provide pension fund, deferred compensation plan, and defined contribution plan investment consulting services for the District and shall be comprised of such other terms and conditions as are approved by the Office of the General Counsel of the District. The foregoing Resolution was adopted on September 14, 2017.