Loading...
R3432 SEC TRS Internal Audit ServicesRESOLUTION NO. 3432 WHEREAS, the adoption of Resolution No. 3432 will exercise option year one (1) of the contract previously authorized by Ordinance No. 14696, adopted July 13, 2017, which authorized the Executive Director and the Secretary-Treasury on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Brown Smith Wallace, LLC whereby Brown Smith Wallace, LLC would provide financial advisory 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 first (1st) 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 first (1st) one-year option renewal term with Brown Smith Wallace, LLC, whereby Brown Smith Wallace, LLC will provide Internal Audit Services, and said contract renewal shall provide for a total fee not to exceed Two Hundred Sixty Thousand Dollars ($260,000.00), 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 May 10, 2018.