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25-0327

2) A Resolution (1) Authorizing The City Administrator To Negotiate And Execute An Agreement With U.S. Bank To Provide Primary Custodial Services For The City At An Estimated Annual Cost Of Seventy-Five Thousand Dollars ($75,000) For A Five-Year Period With Three One-Year Options To Renew, And Negotiate With U.S. Bank For Such Additional Banking Services As They May From Time To Time Deem Appropriate, At Costs They Deem Reasonable; And (2) Waiving The Requirements Of The Living Wage Ordinance And Of The Linked Banking Services Program Ordinance

City Resolution Passed Introduced November 21, 2024

What this record is

Amount
$75K
Runs until
November 21, 2029 3 years away date calculated from a contract term stated in the record, not quoted directly
Type
contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
Requested by
Finance Department
Introduced
November 21, 2024
On agenda
December 17, 2024
Passed
December 17, 2024
Enacted
December 17, 2024
Enactment no.
90573 C.M.S

Where it was heard

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council Dec 17, 2024 Adopted Pass *Rules & Legislation Committee Dec 12, 2024 Scheduled *Special Finance & Management Committee Dec 10, 2024 Approved the Recommendation of Staff, and Forward Pass *Finance and Management Committee - CANCELLED Dec 10, 2024 *Rules & Legislation Committee Nov 21, 2024 Scheduled

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