Laserfiche WebLink
<br />Charqes <br /> <br />a. Handling Checks and Deposits <br />b. Fann1ing Temporary Overdrafts <br />c. Rates of Interest on lA),1l'lS <br />~aximum loon liInits <br />d. Rates 0:'" Interest on Warrants <br />e. Charges, if any, for furnishing <br />all prL-lted checks and voucl1ers <br />based on City of paris needs and <br />specifications <br /> <br />- 0 - <br />- 0 - <br /> <br />Liberty National Bank Base Lending rate <br />Liberty National Bank Base Lending rate <br /> <br />Actual Cost <br /> <br />In addition to the normal services end supplies furnished by the depository <br />bankr the following services are standard and camon to most depository <br />contracts. The following services are to be furnished at no charge to the <br />City of Paris: <br /> <br />Triplicate form Deposit Slips <br />Paring Agent for Bonds <br />Bond and Coupon Service <br />wire Transfer Service <br />Parking Facilities <br />Safe Deposit Boxes <br />Coin ~)rappers <br />Night Depository Servicer including Bags and Keys <br />Trave1er'~ and Cashier's Checks <br />Daily Balance on Each Account <br />Money Orders <br /> <br />Bidders are requested to sul:mit any further concessions or services in the <br />space provided herein which they may ~laIlt to offer to the City of Paris and <br />make any carment as fur+..her consideration in selecting the Ci.ty's <br />Depository. <br /> <br />All rronies which are deposited into the depository under the prons~ons of <br />this proposal shall be continuously securedr in accordance with the laws of <br />the State of Texas applicable thereto, by a valin pledge of direct <br />obligations paving a par value or market value when less than par r <br />exclusive of accrued interest, at all times at least equal to the total <br />arrount of money on deposit in said several funds on deposit in the <br />depository. <br /> <br />All time deposits or time Certificates of Deposit \mch have not elapsed on <br />the tennination date of the finally approved depository contract, shall <br />remain on deposit witi'. the same depositor] under the same terms and <br />ccnditions in effect duri.ng said contract until tlle date such time deposits <br />have elapsed. <br /> <br />Funds frcm Bond sales may be de['Osited in the City Deposit.ory or outside <br />investments at the option of the Depository. <br /> <br />It is unCerstood that the depository will assist the City in investing 1:000 <br />fund investments other than Bank-issued Certificates of Deposit. The Bank <br />reserves the last right of refusal on all outside investments. 'n1e <br />Depository will handle bond funds during construction of projects in <br />arrounts not to exceed $1,000,000.00 either in checking accounts or <br />Certificate of Deposits <br />