HomeMy Public PortalAboutr2887RESOLUTION 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.