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2013_0107_packet
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2013_0107_packet
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5/8/2014 3:53:35 PM
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1/25/2013 2:58:49 PM
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Department Approval <br />��� <br />Item Description: <br />t�i � <br />� <br />REQUEST FOR COUNCIL ACTION <br />Designate Official Bank Depositories for 2013 <br />Date: 1/07/13 <br />Item No.: 7.d <br />City Manager Approval <br />BACKGROUND <br />State Statute requires the City to designate official bank depositories for which city funds may be deposited <br />and held for safekeeping. <br />The attached resolution lists those institutions that will be used for various banking services. The <br />institutions are selected on a bid basis. <br />Po�.icy Os.rECTrv� <br />The designation of official bank depositories is required under State Statute. <br />FINANCIAL IMPACTS <br />� � Not applicable. <br />STAFF RECOMMENDATION <br />Staff recommends approval of the attached resolution. <br />REQUESTED COUNCIL ACTION <br />Adopt the attached resolution designating the ofiicial bank depositories for 2013. <br />Prepared by: Chris Miller, Finance Director <br />Attachments: A: Resolution designating the official depositones for 2013 <br />Page 1 of 3 <br />
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