Res 158-2025 Depository Service Agreement 12/16/2025 RESOLUTION NO. 158-2025
Resolution authorizing the City Manager to execute a depository services
agreement with Wells Fargo designating the bank as its primary depository bank
for the period beginning December 31, 2025, through January 1, 2030
WHEREAS, the City contracts with a bank depository for various banking services;
and,
WHEREAS, the City has solicited proposals for these banking services; and,
WHEREAS, the proposal submitted by Wells Fargo Bank, N.A. was determined to
be in the best interest of the City.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
The proposal for bank depository services submitted by Wells Fargo Bank,
N.A., is hereby determined to be in the best interest of the City and is
accepted as the most responsible proposal. The City Manager is authorized
to execute all documents necessary, in forms approved by the City Attorney,
to contract with Wells Fargo for bank depository services through January
1 , 2030.
PASSED AND APPROVED this the 16th day of December, 2025.
MAYOR
ATTEST:
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City Clerk