Res 048-2000 4/4/2000RESOLUTION NO. -4 F-- )-CC0
RESOLUTION ACCEPTING A PROPOSAL FROM BANK ONE, TEXAS,
NA FOR THE CITY'S BANK DEPOSITORY SERVICES FOR A PERIOD
OF FIVE YEARS; FINDING AND DETERMINING THAT THE MEETING
AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE
PUBLIC AS REQUIRED BY LAW.
WHEREAS, the City contracts with a bank depository for various banking
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 and both met the City's requirements,
and
WHEREAS, the proposal submitted by Bank One, Texas, NA 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:
SECTION 1. The proposal for bank depository services submitted by Bank One,
Texas, NA is hereby determined to be in the best interest of the City and is accepted as
the most responsible proposal.
SECTION 2. It is hereby officially found and determined that the meeting at
which this resolution was passed was open to the public as required by law.
PASSED AND APPROVED this the 4th day of April 2000.
AA AYO
ATTEST: