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<br />e e <br /> <br />THE STATE OF TEXAS <br />COUNlY OF HARRIS <br />BANKING SERVICES AGREEMENT <br /> <br />(CC0)[P)'1! <br /> <br />TIllS AGREEMENT, made and entered into this the 1st day of April, 1998, by and between the CITY OF LA PORTE, a <br />municipal corpOration, hereinafter referred to as "City", and Bayshore National Bank, a Texas corporation, whose address <br />is 1001 Hwy 146 South, La Porte, Texas hereinafter referred to as "Bank". <br /> <br />WIT N E SSE T H: <br /> <br />WHEREAS, the City has advertised for Proposals to provide banking seIVices to the City of La Porte as provided in RF.P. <br />0069, the request for proposals having been published in the La Porte Bayshore Sun, said Notice providing that proposals <br />would be opened at 2:00 o'clock p.m. on the 17th day of February, 1998; and <br />, <br /> <br />WHEREAS Bank responded to such Notice to Offerors and indicated its willingness to provide banking services for the <br />City of La Porte aCCQrding to infonnation in the proposal; and said Notice to Otferors and the proposal submitted by Bank <br />are each specifically made a part of this Agreement; and <br /> <br />WHEREAS Banks Proposal was selected to be the best responsible proposal; <br /> <br />NOW THEREFORE, for and in consideration of the term, covenants, and conditions hereinafter set forth, the parties <br />hereto agree as follows: <br /> <br />1. City hereby grants to Bank the right to pro"ide banking services to the City of La Porte. <br /> <br />2. Bank agrees to petform the above-stated banking services in complete confonnance with the guidelines ofRF.P. 0069, <br />a copy of which is attached hereto, marked Exhibit" A" and by this reference incorporated herein and made a part of this <br />agreement. <br /> <br />3. The term of this Agreement shall be from the 1st day of April, 1998, to and including the 31st day of March, 2001, <br />with a two year option to renew, and on a month to month basis thereafter. <br /> <br />..t Bank and City agree to fully comply with the terms, conditions, and specifications contained in Exhibit" A", which is <br />attached hereto and made a part hereof, except and to the extent that said terms, conditions or specifications are <br />specifically modified in the body of this agreement. This agreement, together with the attached Exhibit "A", constitutes <br />the entire agreement between the parties hereto. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiple copies on the date first appearing <br />above. <br /> <br />"CITY" <br />CITY OF LA PORTE <br /> <br />~~/-- <br /> <br />No L.~one,~yor <br /> <br />"BANK" <br /> <br /> <br />1IItk )filM <br />AP~:::Z <br /> <br />'" "t'-f, . <br />Knox Askins, City Attorney <br /> <br />L Wright, Chief Executive Officer <br /> <br /> <br />::::~!fh;:c.tfi) <br /> <br />(Corporate Seal) <br />