HomeMy WebLinkAboutReg 2010-11-01 Item 4C - Agreement - Banking Services with US Bank for $40,121 (Jan 2011 - Dec 2014) COUNCIL AGENDA SEVOPSIS
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t f Meeting Date Prepared by Mayor' view 1 Council revtezv
10/25/10 I PM I I Va
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ITEM INFORMATION
CAS NUMBER: 10-120 'ORIGINAL AGENDA DATE: OCTOBER 25, 2010
AGENDA ITEM TITLE Approve banking services contract with US Bank.
CAT] (3()RY Discussion Motion 1 1 Resolution Ordinance 1 1 Bid Award 1 1 Public Hearing n Other
Mtg Date 10/25/10 Mtg Date 11/1/10 Mtg Date Mtg Date Mtg Date Mtg Date Mtg Date
SPc )NSOR r 1 Counczl Mayor Adm Svcs DCD Finance n Fire U Legal n P&R U Police PW
SP( )NSOR'S Council is being asked to approve a banking services contract with US Bank for the period
SUMMARY of January 1, 2011 through December 31, 2014. The banking fees for the four year period
are estimated at $40,121, subject to variation based on actual activity levels experienced
during this period.
RN\'IEWI;D BY n COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte
n Utilities Cmte Arts Comm. Parks Comm. n Planning Comm.
DATE: 10/19/10
RECOMMENDATIONS:
SPONSOR /ADMIN. Finance
CoMMITrEE Unanimous Approval; Forward to C.O.W
COST IMPACT FUND SOURCE
EXPENDITURI? REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED
$40,121 $40,121 $0
Fund Source: GENERAL FUND
Comments:
MTG. DATE J RECORD OF COUNCIL ACTION
10/25/10 Forward to next Regular Meeting
MTG. DATE 1 ATTACHMENTS
10/25/10 Informational Memorandum dated 10/13/10
Minutes from the Finance Safety Committee meeting on 10/19/10
11/01/10 No attachments
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