Loading...
r2734R 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.