O-2010-3292 banking service agreement with Amegy Bank for (5) year term beginning November 1, 2010

Browse Search

ORDINANCE NO. 2010- 8)t1 {).. AN ORDINANCE APPROVING AND AUTHORIZING A BANKING SERVICES AGREEMENT BETWEEN THE CITY OF LA PORTE, TEXAS AND AMEGY BANK OF HOUSTON ,TEXAS FOR A FIVE YEAR TERM, COMMENCING NOVEMBER 1, 2010, AND TERMINATING OCTOBER 31,2015; MAKING VARIOUS FINDINGS AND PROVISION RELATING TO THE SUBJECT; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. The City Council hereby approves and authorizes the contract, agreement or other undertaking described in the title of this ordinance, in substantially the form shown in the document which is attached hereto and incorporated herein by this reference. The City Manager is hereby authorized to execute such document and all related documents on behalf of the City of La Porte. The City Secretary is hereby authorized to attest to all such signatures and to affix the seal of the City to all such documents. Section 2. The City Council officially finds, determines, recites and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this Ordinance and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. Section 3. This Ordinance shall be in effect from and after its passage and approval. PASSED and APPROVED this the 25th day of October, 2010. ATTEST: ~t2t;/k~ Ma ha Gillett, City Secretary APPtl,D: ~r~ Clark T. Askins, Assistant City Attorney