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.