Presentation for discussion, consideration, action and/or approvals in connection with: Bank Depository and/or Remittance-Processing (Lockbox) Agreement including but not limited to, the following:

A.  Options available to Counties under Texas Local Government Code 116-Depository and Subdepository Contracts more specifically contracting terms detailed in Chapter 116.021 (a) (b) (c);
      1.  Renogotiate current agreement for an additional 2 year term;
      2.  Selection or designation of negotiating team

B. Authority to Advertise Bank Depository and/or Remittance-Processing (Lockbox) Agreement pusuant to Texas Local Government Code, Chapter 116 (Vernon 1988 and Supp. 1999), "Depositories for County Public Funds" (copies of Chapter 116 and proposed ad copy attached hereto);

C. Approval of the proposed advertising dates for Bank Depository and/or Remittance-Processing (Lockbox) Agreement Specification Packets subject to legal review and therefore the publication dates proposed are:
      1. January 31st-February 7th & 14th with acceptance date for bank of applications/proposals/bids at CC agenda meeting of 2-24-09 pursuant to 116; or
       2. February 7th, 14th and 21st. with acceptance date for bank applications/proposals/bids at CC meeting of 3-3-09 pursuant to 116  
D.  Appointment or designation of "Evaluation Committee" to score and evaluate Bank Depository & Remittance-Processing (Lockbox) Bank Applications filed with the Court;
Notes:  1.    Historically Hidalgo County Investement Committee (comprised of the County Treasurer, 
                   County Auditor and County Judge) including Purchasing Dept. and County Tax Assessor as
                   consultant to Evaluation Committee:
             2.   In recent past County Judge has chosen not participate in Evaluation Committee inasmuch
                   as a member of Commissioner Court which will select and award;

Evaluation Committee Members:

             1.        _____________________________
       
             2.        _____________________________
       
             3.        _____________________________
       
             4.        _____________________________
       
             5.        _____________________________