Resolution awarding the City's Primary Bank Depository Services Agreement to Wells Fargo Bank, N.A. for two years, with three additional 12-month extension options; and authorize the City Manager to execute the renewal options with aggregate price fluctuations of the lesser of up to $50,000 or 25% of the original maximum price so long as sufficient funding is appropriated by the City Council to satisfy the City's obligation during the renewal terms

What this record is

Amount

$50K

Runs until

no end date published in this record

Type

award

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

Committee

City Council

Introduced

November 16, 2018

On agenda

December 11, 2018

Passed

December 11, 2018