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O-2010-3292 banking service agreement with Amegy Bank for (5) year term beginning November 1, 2010
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O-2010-3292 banking service agreement with Amegy Bank for (5) year term beginning November 1, 2010
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Last modified
11/2/2016 3:39:30 PM
Creation date
11/10/2010 3:09:01 PM
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Legislative Records
Legislative Type
Ordinance
Date
10/25/2010
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<br />Rinehart, Phyllis <br /> <br />From: <br />Sent: <br />To: <br />Subject: <br /> <br />Masterson, Jeana <br />Tuesday, August 31,20108:18 AM <br />Rinehart, Phyllis <br />FW: Amegy Bank RFP <br /> <br />From: Bonnie Reed [mailto:Annis.Reed@amegybank.com] <br />Sent: Monday, August 3D, 2010 8:02 PM <br />To: Masterson, Jeana <br />Subject: RE: Amegy Bank RFP <br /> <br />Jeana, <br /> <br />Our apology is extended - please see our responses below in blue. <br /> <br />From: Masterson, Jeana [mailto:MastersonJ@laportetx.gov] <br />Sent: Monday, August 3D, 2010 3:52 PM <br />To: Bonnie Reed <br />Subject: FW: Amegy Bank RFP <br /> <br />Please provide the following information that were not addressed specifically in the RFP. <br /> <br />On page 14, Section II, B. approved collateral is not addressed - Agree. We do have and will continue to have <br />collateral that is identifiable in meeting the requirement of Texas law for public depositories to cover <br />102% at all times. Our collateral is in the form of Letters of Credit held by FHLB. <br /> <br />On page 14, Section II, C. adequate size to provide services is not addressed - Agreed. Amegy Bank has the adequate <br />organization structure, facilities, personnel to provide prompt and efficient service to the City - as we <br />have done so in the past 5 years. <br /> <br />On pages 14 & 15, Section III, 1, 2, 3 & 4 were not addressed - Agree to all statements being made as to how the <br />City currently operates their business. <br /> <br />1 <br />
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