AI- 38375
Purchasing Department 21.A.3.
CC REGULAR
- Meeting Date:
- 04/30/2013
- Submitted For:
- Martha L. Salazar
- Submitted By:
- Yolanda Velasquez, PURCHASING DEPT.
- Department:
- PURCHASING DEPT.
Information
CAPTION
a. Recommendation by Investment/Negotiation Committee for acceptance of final negotiated rates, fees, terms, and conditions for award and/or approval of the final Hidalgo County Depository Bank, Remittance processing (Lockbox), and, if applicable, Trust Services and other Related Services Agreements with Lone Star National Bank, with the effective date upon expiration of current agreement and expiring on Commissioners Court May term of 2017 with statutory option for re-negotiations in 2015; or, in the alternative,
b. Cease all negotiations with the number one-LSNB and proceed to re-advertise the project as no other applicants can be considered as all required services are not available with current bank FNB remaining in place until such time as new depository and lockbox agreements are awarded as per statute.
b. Cease all negotiations with the number one-LSNB and proceed to re-advertise the project as no other applicants can be considered as all required services are not available with current bank FNB remaining in place until such time as new depository and lockbox agreements are awarded as per statute.
BACKGROUND
Fiscal Impact
- FISCAL YEAR:
- 2013
- ACCT. #:
- 3-1100-415-00-115-002-0-856
- FUNDS AVAILABLE Y/N?:
- MATCHING FUNDS Y/N?:
BUDGETARY IMPACT:
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Purchasing / Internal | msalazar | 04/26/2013 10:37 AM |
| Budget and Management | Alejandro Garcia | 04/26/2013 10:47 AM |
| Auditor's Office | Alejandro Garcia | 04/26/2013 05:18 PM |
- Form Started By:
- Yolanda Velasquez
- Started On:
- 04/23/2013 04:17 PM
- Final Approval Date:
- 04/26/2013