HomeMy Public PortalAboutr2721R E S O L U T I O N NO. 2721 WHEREAS, Ordinance No. 12257, adopted July 6, 2006, authorized
the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St.
Louis Sewer District to enter into a contract with Credit Control, a Division of
Ventus Capital Services, LP whereby Credit Control, a Division of Ventus Capital
Services, LP would provide debt collection services for the District, and
WHEREAS, said contract will expire on August 31, 2007, and
WHEREAS, the District desires to exercise it option to renew said
contract for an additional one-year term, commencing on September 1, 2007,
NOW, THEREFORE, BE IT ORDAINED 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
an additional one-year term commencing on September 1, 2007, the contract with
Credit Control, a Division of Ventus Capital Services, LP whereby Credit Control, a
Division of Ventus Capital Services, LP would provide debt collection services for
the District, said contract renewal shall be comprised of such terms and conditions
as are approved by the office of the General Counsel of the District.
The foregoing Resolution was adopted July 12, 2007.