HomeMy Public PortalAboutR3784 ST Pension Investment Consultant Resolution 083022RESOLUTION NO. 3784
WHEREAS, Resolution No. XXXX will exercise option year four (4) of the
contract previously authorized by Ordinance No. 15006, adopted August 13, 2018, which
authorized the Executive Director and Secretary-Treasurer on behalf of The Metropolitan
St. Louis Sewer District to enter into a contract with AON Hewitt Investment Consulting, Inc.
(AON), whereby AON would provide investment advisory services for the District’s Defined
Benefit Plan, Deferred Compensation Plan and Defined Contribution Plan.
WHEREAS, said contract provided for an initial term of one (1) year with four
(4) additional one-year renewal terms at the option of the District; and
WHEREAS, The Metropolitan St. Louis Sewer District desires to exercise its
fourth (4th) of the four (4) option years to renew said contract.
NOW, THEREFORE, BE IT RESOLVED 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 the third one-year renewal term the contract
with AON, whereby AON would provide investment advisory services for the District’s Defined
Benefit Plan, Deferred Compensation Plan and Defined Contribution Plan, and 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 on September 8, 2022