File #: 20-1292    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 10/14/2020 In control: City Council
On agenda: 12/1/2020 Final action: 12/8/2020
Title: Ordinance designating Frost Bank as the depository for the City’s municipal funds pursuant to Chapter 105, Local Government Code; and authorizing the City’s Chief Financial Officer to execute a five-year depository services contract to commence on January 1, 2021. (Requires 2/3 vote)
Sponsors: Finance & Procurement, Contracts and Procurement
Attachments: 1. Agenda Memo - Depository Services.pdf, 2. Ordinance-Depository Services, 3. Evaluation Matrix-Depository Matrix (002), 4. Frost Bank Public Funds Depository Agreement, 5. Frost Public Funds Security Agreement, 6. BNYM Third Party Custodian Agreement, 7. Frost Bank Pricing Sheet-Attachment A

Title

Ordinance designating Frost Bank as the depository for the City’s municipal funds pursuant to Chapter 105, Local Government Code; and authorizing the City’s Chief Financial Officer to execute a five-year depository services contract to commence on January 1, 2021. (Requires 2/3 vote)