RESOLUTION NO. 2010-
CITY OF DANIA BEACH
Agenda Request Item
Type of Request: Adopt Resolution
(Adopt Resolution, Adopt Ordinance (1st Reading) Adopt Ordinance (2nd Reading)
Award Bid /RFP, Presentation, Public Hearing)
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Requested Action (Identify appropriate Action or Motion) |
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Approval of Resolution |
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Description of Action |
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Establishes Ranking of two banking service proposals received in response to City’s solicitation and authorizes the City to negotiate a final agreement with the most responsive proposer. |
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Purchasing Requests ONLY |
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Dept: Finance |
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Fund: (Select from: General, Water, Sewer, Stormwater, Grants, Capital) |
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Fiscal Impact/Cost Summary |
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Cost varies depending on number of checks, deposits and other banking services as well as the rate of City dormant bank cash earnings credit that off-sets these costs. Most responsive proposal reflects the overall lowest cost choice to the City. |
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Exhibits Attached |
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Memo, Financial Advisor memo, Resolution, banking services proposal received from Wells Fargo Bank |
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