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HomeMy WebLinkAboutRes 0750 - Banking Services with Pacific National BankCITY of TUKWIL,A WHEREAS, the City of Tukwila has entered into an agreement with Pacific National Bank of Washington for primary banking services for the period August 1, 1978 through August 1, 1980, and WHEREAS, upon mutual agreement of the parties, the agreement may be extended for two additional terms of one year, and WHEREAS, the Finance Director of the City of Tukwila recommends an extension of the current agreement with Pacific National Bank of Wash- ington for a period of one year, ending August 1, 1981. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO RESOLVE AS FOLLOWS: PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular meeting thereof this o2 ay of U 4 1980. Apjroved as to Form The Mayor is hereby authorized to enter into a one year extension of the current agreement for primary banking services with Pacific National Bank of Washington through August 1, 1981. A RESOLUTION OF THE CITY OF TUKWILA, WASHINGTON, AUTHORIZING THE MAYOR TO ENTER INTO AN EXTENSION OF THE CURRENT BANKING SERVICES AGREEMENT WITH PACIFIC NATIONAL BANK OF WASHINGTON. ATTEST: i ity Attorney, Lawre ce E Hard WASHINGTON RESOLUTION NO. 750 Mayor rote City tlerk COUNCIL ACTION MEETING 1 DATE TYPE 9,174 JYM l AGENDA ITEM g a- ACTION P Addendum to Banking Service Agreement as Authorized by Resolution 750, dated July 21, 1980. AMENDMENT TO SECTION THREE Term of Agreement Performance of the obligations under this Agreement shall commence the 1st day of August 1978, and continue for a period of three (3) years from said date. Thereafter, upon mutual agreement of the parties, the Agreement may be extended for one (1) additional term of one (1) year. This instrument contains the entire agreement between the parties, and no statement, promise or inducement made by either party or agent of either party that is not contained in this written contract shall be valid or binding and this contract may not be enlarged, modified or altered, except in writing signed by the parties and endorsed hereon. IN WITNESS WHEREOF, the parties hereto have executed this Agreement at Tukwila, Washington the day and year first above written. Attachment: Resolution 750 SECTION FIVE Entire Agreement THE CITY OF TUKWILA 4 By 2Lar" Frank Todd Mayor PACIFIC NATIONAL BANK OF WASHINGTON BY hG (%4 gegnexl By Its