File #: 14-001343    Version: 1 Name:
Type: Motion Status: Filed with the City Secretary
File created: 11/25/2014 In control: City Council
On agenda: 12/9/2014 Final action: 12/16/2014
Title: Approving the third amendment to the Municipal Lease Line of Credit Agreement with Frost Bank (Requires 2/3 vote) Motion authorizing the City Manager or designee to execute a third amendment to the existing Municipal Lease Line of Credit Agreement between the City of Corpus Christi and Frost Bank for an estimated annual expenditure of $496,704.13 and authorizing the City Manager or designee to execute future amendments necessary to adjust the annual amount financed as agreed to by the parties.
Sponsors: Contracts and Procurement, Finance & Procurement
Attachments: 1. Agenda Memo - Third Amendment to the Municipal Lease Line of Credit Agreement with Frost Bank, 2. Bid Tabulation - Third Amendment to the Municipal Lease Line of Credit Agreement with Frost Bank, 3. Third Amendment - to the Municipal Lease Line of Credit Agreement with Frost Bank, 4. Master Lease Purchase Agreement - Amendment 12
title
Approving the third amendment to the Municipal Lease Line of Credit Agreement with Frost Bank (Requires 2/3 vote)
Motion authorizing the City Manager or designee to execute a third amendment to the existing Municipal Lease Line of Credit Agreement between the City of Corpus Christi and Frost Bank for an estimated annual expenditure of $496,704.13 and authorizing the City Manager or designee to execute future amendments necessary to adjust the annual amount financed as agreed to by the parties.