HomeMy Public PortalAboutr2786RESOLUTION NO. 2786 WHEREAS, Ordinance No. 12432, adopted May 10, 2007, authorized
the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St.
Louis Sewer District to enter into a contract with Firstech Payment Processing
Solutions whereby Firstech Payment Processing Solutions will provide lockbox
services for the District, and
WHEREAS, said contract provided for an initial term of one (1) year
with two (2) additional one-year renewal terms at the option of the District, and
WHEREAS, the initial one-year term of said contract is about to
expire, and the District desires to exercise its option to renew said contract for an
additional one-year term,
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 the contract with Firstech Payment Processing
Solutions whereby Firstech Payment Processing Solutions will provide lockbox
services for the District, 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 June 12, 2008.