AI- 48645
Purchasing Department 23.A.6.
CC - REGULAR
- Meeting Date:
- 03/03/2015
- Submitted For:
- Yolanda Velasquez
- Submitted By:
- Marty Salazar, PURCHASING DEPT.
- Department:
- PURCHASING DEPT.
Information
CAPTION
Pursuant to Texas Local Government Code, 116.021(b) DEPOSITORY AND SUBDEPOSITORY CONTRACTS and Hidalgo County's current four (4) year contract (Article 1.2) with Lone Star National Bank, recommendation by Hon. Norma G. Garcia, HC-Treasurer & Mr. Sergio Cruz, HC-Budget Officer on the need to establish, on the basis of negotiations with LSNB, new interest rates and financial tems of the contract that will take effect during the final two (2) years of the four (4) year agreement by sending the required minimum sixty (60) days notice of said negotiations (that date being 05-09-15).
BACKGROUND
Fiscal Impact
- FISCAL YEAR:
- ACCT. #:
- FUNDS AVAILABLE Y/N?:
- MATCHING FUNDS Y/N?:
BUDGETARY IMPACT:
The fiscal impact to County is detailed in the current Depository Contract.Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Purchasing / Internal | msalazar | 02/26/2015 09:46 AM |
| Budget and Management | Veronica Ortiz | 02/26/2015 10:13 AM |
| Auditor's Office | Monica Salinas | 02/27/2015 05:55 PM |
- Form Started By:
- msalazar
- Started On:
- 02/25/2015 10:46 AM
- Final Approval Date:
- 02/27/2015