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07-G City Depository
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07-G City Depository
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Last modified
11/8/2005 11:22:14 AM
Creation date
1/9/2003 3:18:34 PM
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Template:
AGENDA
Item Number
7-G
AGENDA - Type
RESOLUTION
Description
Awarding the Bid for a City Depository
AGENDA - Date
1/13/2003
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CHARGES <br /> <br />List any service charges that will be levied against the City. See Exhibit "A" <br /> <br />In addition to the normal service and supplies furnished by the depository bank, the following <br />services are standard and common to most depository contracts. The following services are to <br />be furnished at no charge to the City of Paris: <br /> <br /> Triplicate form Deposit Slips----At Bank Cost <br /> Bond and Coupon Service (Collection and Safekeeping Services only) <br /> Parking Facilities (While Engaging in Banking Services) <br /> One large Safe Deposit Box <br /> Coin Wrappers <br /> Night Depository Service, including Bags and Keys <br /> Traveler's and Cashier's Checks <br /> Daily Balance on Each Account - Through our TowerNET service <br /> Money Orders <br /> <br /> Bidders are requested to submit any further concessions or services in the space provided below <br /> which they may want to offer to the City of Paris and make any comment as further <br /> consideration in selecting the City's Depository. Please see Exhibit "A" for INTEREST <br /> RATE on interest bearing accounts and Exhibit "B" for additional services. <br /> <br /> All monies which are deposited into the depository under the provision of this proposal shall be <br /> continuously secured, in accordance with the laws of the State of Texas applicable thereto, by a <br /> valid pledge of par, exclusive of accrued interest, at all times at least equal to the total amount of <br /> money on deposit in said several funds on deposit in the depository. <br /> <br /> <br />
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