HomeMy WebLinkAbout~Master - Amendments to agreement for procurement card services RESOLUTION NO. 05-110
RESOLUTION APPROVING AMENDMENTS TO AGREEMENT
WITH BANK OF AMERICA TO PROVIDE
PROCUREMENT CARD SERVICES
FOR THE CITY OF AMES
WHEREAS, on February 26, 2002, City Council approved an agreement with Bank of
America to provide procurement card services to simplify low-dollar purchase transactions; and,
WHEREAS, that agreement included a provision that Bank of American may amend the
agreement with proper notice; and,
WHEREAS,on March 4,2005,Bank of America notified staff that two changes,both related
to the processing of foreign transactions, in the agreement would become effective April 1, 2005;
and,
WHEREAS, there is no added cost to the City for these changes.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that two amendments,both relating to the processing of foreign transactions,in the agreement with
Bank of America to provide procurement card services are hereby approved.
ADOPTED THIS 22nd day of March, 2005.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Goodhue
Seconded by: Cross
Voting aye: Cross, Goodhue, Goodman, Mahayni, Vegge, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 22nd day of March, 2005.