File #: COM-10:089    Version: Name: Discussion concerning Depository Board
Type: Other Communications Status: Filed
File created: 8/26/2010 In control: Finance & Administration Council Committee
On agenda: Final action: 8/31/2010
Title: Discussion of Depository Board release of RFP for Banking Depository Services
Sponsors: Depository Board, Finance
Indexes: Financial reports and other communications
Attachments: 1. Depository Services RFP 2010

title

Discussion of Depository Board release of RFP for Banking Depository Services

body

Depository Board Release of RFP for Banking Depository Services

 

Timeline

08/26/2010                     Transmit RFP to local financial institutions

09/08/2010                     Opening of bids. Review and analysis of bids by Finance Department.

09/09/2010                     Negotiations with bidders.

09/14/2010                     Depository Board meeting. Finance Department will recommend choice of bank to serve as future City depository. Board will choose successful bidder. Communication of results of Depository Board meeting to Finance Committee.