HomeMy Public PortalAboutR3519 Financial Advisory Services - IPARESOLUTION NO. 3519
WHEREAS, the adoption of Resolution No. 3519 will exercise option year one
(1) of the contract previously authorized by Ordinance No. 14410, adopted June 9, 2016, which
authorized the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St.
Louis Sewer District to enter into a contract with Independent Public Advisors, LLC (IPA)
whereby IPA will provide general and transactional professional financial advisory services to
the District.
WHEREAS, said contract provided for an initial term of three (3) years with two
(2) 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 the two (2) 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 Executi ve 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 first one-year renewal term the contract
with IPA, whereby IPA will provide general and transactional professional financial advisory
services to the District, and said contract renewal 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 June 13, 2019.