HomeMy Public PortalAboutR3792 HR Standard Life Ins Long Term Disability ResolutionRESOLUTION NO. 3792
WHEREAS, the adoption of Resolution No. 3792 will exercise option year one (1)
of the contract previously authorized by Ordinance No. 15797, adopted November 10, 2021, which
authorized the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis
Sewer District to enter into a contract with Standard Life Insurance Company, whereby Standard
Life Insurance Company would provide group long-term disability coverage Districtwide;
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 Metropolitan St. Louis Sewer District desires to exercise its first
(1st) of two (2) option years to renew said contract for an additional one-year term.
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 first (1st) one-year renewal term the contract with
Standard Life Insurance Company, whereby Standard Life Insurance Company would provide
group long-term disability coverage Districtwide, and 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 on October 13, 2022