AI- 17701
24.A.4.
CC REGULAR
- Meeting Date:
- 09/29/2009
- Submitted For:
- Marty Salazar
- Submitted By:
- Marty Salazar, PURCHASING DEPT.
- Department:
- PURCHASING DEPT.
Information
CAPTION
Pursuant to the current agreement titled "Depository Bank Contract", (Page 1, Section 3.), a request by FNB for Commissioners Court to substitute a Depository Pledge Agreement as required on Page 2, Sections 6. & 7. currently with Amegy Bank for Collateral with a new Depository Pledge Agreement with The Independent Bankers Bank (TIB) and thus complying with FNB's obligations under the Depository Bank Contract with Hidalgo County including authority to execute three original documents (as submitted by FNB) by County Judge, Court Member(s), Treasurer or applicable party.
BACKGROUND
Fiscal Impact
- FISCAL YEAR:
- 2009
- ACCT. #:
- 9-1100-415-15-140-002-0-350
- FUNDS AVAILABLE Y/N?:
- Y
- MATCHING FUNDS Y/N?:
BUDGETARY IMPACT:
Available Balance as of 9-25-09 $27,016.00 for applicable lockbox fees.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Purchasing / Internal | msalazar | 09/24/2009 11:09 AM |
| Budget and Management | Erika Zamora | 09/24/2009 11:15 AM |
| Auditor's Office | 09/25/2009 05:16 PM |
- Form Started By:
- msalazar
- Started On:
- 09/23/2009 05:01 PM
- Final Approval Date:
- 09/25/2009