HomeMy WebLinkAbout~Master - Award of Contract for Banking Services RESOLUTION NO. 24-511
RESOLUTION PROVIDING FOR THE AWARD OF CONTRACT
FOR BANKING SERVICES
FOR THE FINANCE DEPARTMENT, CITY OF AMES, IOWA
WHEREAS, bids and proposals were received on the 301h day of September, 2024, for
Banking Services for the Finance Department, City of Ames, Iowa. Said bids have now been
carefully analyzed.
IT IS THEREFORE RESOLVED by the City Council of the City of Ames, Iowa, as
follows:
Section 1: Award of contract is made as follows:
First National Bank of Ames, Iowa, as the depository bank for the City of Ames
through September 30, 2027, with a three-year renewal option, at a calculated
annual cost of$12,661 for services requested.
Section 2: The City Manager and City Clerk are authorized to execute said contract for
and on behalf of the City of Ames, Iowa, and to affix the corporate seal of the City thereto.
Section 3: All resolutions or orders or parts thereof in conflict herewith are hereby
repealed to the extent of such conflict.
ADOPTED THIS 24th day of September, 2024.
e4w- / Ze �4:m
Renee Nall, City Clerk John A. Haila, Mayor
Introduced by: Corrieri
Seconded by: Beatty-Hansen
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 241h day of September, 2024.