HomeMy WebLinkAbout~Master - Amendment to agreement for procurement cards RESOLUTION NO. 05-287
RESOLUTION APPROVING THE AMENDMENT TO THE
AGREEMENT WITH BANK OF AMERICA
TO PROVIDE PROCUREMENT 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, the agreement with Bank of America includes a provision that the Bank may
amend the agreement with proper notice; and,
WHEREAS,Bank of America has proposed an amendment to Schedule C of the agreement;
and,
WHEREAS,the proposed amendment would change the rebate terms, eliminating the tie to
the number of cardholders.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Amendment to Schedule C of the Agreement with the Bank of America to provide
procurement services is hereby approved.
ADOPTED THIS 12th day of July, 2005.
C��I�?. LX'.1&GL/ �Z�
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Mahayni
Voting aye: Cross, Goodman, Mahayni, Vegge, Wirth
Voting nay: None Absent: Goodhue
Resolution declared adopted and signed by the Mayor this 12"day of July, 2005.