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HomeMy WebLinkAboutRes 1135 - Banking Services with US Bank 1905 CITY OF TUKWILA WASHINGTON RESOLUTION NO. 1135 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AUTHORIZING THE MAYOR TO APPROVE A BANKING SERVICES AGREEMENT WITH U. S. BANK. WHEREAS, the City entered into a banking services agreement with U. S. Bank, which expires on April 1, 1990, and WHEREAS, the Finance Director recommends that the City of Tukwila contract with U. S. Bank for primary banking services for the period April 1, 1990 through April 1, 1992 with two one -year options at the City's discretion. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO HEREBY RESOLVE AS FOLLOWS: The Mayor is hereby authorized to enter into an agreement for primary banking services with U. S. Bank through April 1, 1992, at which time new bids will be reviewed on a cost -of- service basis for two additional one -year periods. PASSED BY THE CITY COUNCIL OF THE CITY OF,TUKWILA, WASHINGTON, at a regular meeting thereof this ;,7 day of 1990. &an Hernandez, Council PresLofil ATTEST /AUTHENTICATED: cl�-Q J i Cantu, ActinCity C r g ;erk 7 AP OVED AS TO FORM: O ICE (OF YHE C 0 EY: Filed with the City Clerk: ,2 S'b Passed by the City Council: 5d Resolution Number //3S-