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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.