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r2887RESOLUTION NO. 2887 WHEREAS, Ordinance No. 11965 Adopted April 14, 2005, authorized the Executive Director and Secretary-Treasury on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Public Financial Management (PFM), Inc. whereby Public Financial Management (PFM), Inc. will provide financial advisory services for the District, and WHEREAS, said contract will expire on December 31, 2009, and WHEREAS, PFM is involved with several assignments that are near completion but are not anticipated to be fully complete until early 2010, and WHEREAS, the District desires to extend said contract for a time period that would allow for successful completion of the projects being worked on by PFM, NOW, THEREFORE, BE IT RERSOLVED BYTHE 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 extend for an additional three-month term ending on April 1, 2010 the contract with Public Financial Management (PFM), Inc. whereby Public Financial Management (PFM), Inc. would provide financial advisory services including asset management 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 December 10, 2009.