Res 009-2015 2/3/2015Resolution No. 09-2015
Resolution accepting a proposal from Wells Fargo Bank, N.A. for the
City’s bank depository services for a period of five years at the
estimated amount of $295,970.45
WHEREAS, the City contracts with a bank depository for various ba nking
services; and,
WHEREAS, the City is required to solicit proposals for these banking services ;
and,
WHEREAS, a request for proposal was sent to qualified banking institutions in
order to solicit proposals for these services; and,
WHEREAS, two proposals were received that met the City’s requirements; 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 .
PASSED AND APPROVED this the 3rd day of February, 2015.
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M A Y O R
ATTEST:
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City Clerk