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MEMO <br />TO: MICHAEL E. MALONE, CITY MANAGER <br />FROM: GENE ANDERSON <br />SUBJECT: BANK DEPOSITORY BIDS <br /> <br />Bids were received from Liberty National Bank and Hibemia National Bank. I have prepared a <br />summary of the bids to make their comparison more straight forward. Also attached is a copy of <br />each bid. In my opinion, the bid from Liberty National Bank is the better offer, and I recommend <br />that the City Council award the bid to them. Please contact me if you have any questions. <br /> <br /> <br />