HomeMy Public PortalAboutr2734R E S O L U T I O N NO. 2734 WHEREAS, Section 7.030 of the Charter of The Metropolitan St. Louis
Sewer District requires that the Board of Trustees of the District appoint an
individual or a firm of Certified Public Accountants to serve as the Internal Auditor
of the District, and
WHEREAS, Ordinance No. 11895, adopted November 10, 2004,
authorized the Chairman of the Board of Trustees of the District to enter into a
contract with KPMG, LLP whereby KPMG, LLP would serve as the Internal
Auditor for the District, and
WHEREAS, said contract provided for an initial term of one (1) year
with three (3) additional one-year renewal terms at the option of the District, and
WHEREAS, Resolution No. 2657, adopted July 6, 2006, renewed said
contract for an additional one-year term, and
WHEREAS, the second one-year renewal term of said contract is about
to expire, and the Board of Trustees desires to exercise its option to renew said
contract for a seven-month term, from December 1, 2007 through June 30, 2008.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF
TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT THAT, the
Chairman of the Board of Trustees is hereby authorized on behalf of The
Metropolitan St. Louis Sewer District to exercise the District's option to renew for
an additional seven-month term, from December 1, 2007 through June 30, 2008, the
contract with KPMG, LLP whereby KPMG, LLP will serve as the District's Internal
Auditor, said contract renewal shall provide for a total fee not to exceed Two
Hundred Seventy-three Thousand Two Hundred Ten Dollars ($273,210.00), 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 September 12, 2007.