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AI- 13875
21.A.12.
CC REGULAR
Meeting Date:
02/09/2009
Submitted For:
Marty Salazar
Submitted By:
Marty Salazar, PURCHASING DEPT.
Department:
PURCHASING DEPT.

Information

CAPTION

A.  Pursuant to Texas Local Government Code, Chapter 116-Depositories for County Public Funds, discussion, consideration  and appropriate action to re-open negotiations with the current County depository bank, First National Bank as afforded under Chapter 116, Section .021 (a) for an additional two (2) year renewal; or, in the alternative,

B.  Authority for previously designated/appointed committee to commence renegotiations with the current depository, First National Bank as provided under Chapter 116.021(a) for an additional two (2) year renewal with a limited time frame for conclusion of the negotiation; and,

C.  In the event that negotiations to renew with the current depository First National Bank prove unsuccessful, authority for Purchasing Department to continue with the scheduled publication under 116.022 & .023 of Notice that Hidalgo County Commissioners Court intends to receive Applications from which to select a depository bank(s);

BACKGROUND


Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Purchasing / Internal msalazar 02/06/2009 08:33 AM
Budget and Management 02/06/2009 08:35 AM
Form Started By:
msalazar
Started On:
02/06/2009 07:49 AM
Final Approval Date:
02/06/2009