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r 700 List any service charges that will be levied against the City. NONE In addition to the normal services and supplies furnished by the depository bank, the following services are standard and common to most depository contracts. The following services are to be furnished at no charge to the City of Paris: Triplicate form Deposit Slips Bond and Coupon Service Parking Facilities Safe Deposit Boxes Coin Wrappers Night Depository Service, including Bags and Keys Traveler's and Cashier's Checks Daily Balance on Each Account Money Orders Bidders are requested to submit any further concessions or services in the space provided herein which they may want to offer to the City of Paris and make any comment as further consideration in selecting the City's Depository. All monies which are deposited into the depository under the provisions of this proposal shall be continuously secured, in accordance with the laws of the State of Texas applicable thereto, by a valid pledge of par, exclusive of accrued i nterest, at al l times_ at .l east eRual.�to. ., t money on depos i t in said 5everaT fundson depo's i t i ntth�e of Sam of .k]] time deposits or time Certificates of Deposit which have not elapsed on the termination date of the finally approved depository contract, shall remain on deposit with the same depository under the same terms and conditions in effect during said contract until the date such time deposits have elapsed. Funds. from Bond sales may be deposited in the City Depository or placed in outside investments. The City of Paris reserves the right to accept or reject any or all bids, to waive formalities, and to accept the bid the City-considers-the most advantageous. The City also reserves the right to place or invest part or all of any of its surplus or excess funds outside the designated depository, in any manner permitted by law, from time to time throughout the term of the contract. NAME OF BANK: iberty rational Bank in Paris rrI'D BY: �gg6 ilip R. Cecil TITLE: President DATE: 12 -2 -96 Resolution No. 97 -002, awarding the bid for the "Cox Field - Paris Municipal Airport - Airfield Lighting Improvements" being Phase I of TOOT Project No. AP Paris4, TxDOT No. CSJ 9601 Paris, to F & W Electrical Contractors, Inc., and directing the Mayor of the City of Paris, Eric S. Clifford to execute on behalf of the City of Paris the Contract with F & W Electrical Contractors, Inc.. was presented. A motion was made by Councilman Fulbright, seconded by Councilman Boyd for approval of the resolution. The motion carried 5 ayes, 0 nays.