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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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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 />/ <br /> <br />THE STATE OF TEXAS <br />COUNTY OF HARRIS <br />BANKING SERVICES AGREEMENT <br /> <br /> <br />THIS AGREEMENT, made and entered into effective the 1st day of November, 2010, by and between <br />the CITY OF LA PORTE, TEXAS, a municipal corporation, hereinafter referred to as "City", and AMEGY <br />BANK, whose address is 4400 Post Oak Parkway, Houston, 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 services to the City of La Porte as <br />provided in R.F.P. 10508, the request for proposals having been published in the La Porte Bayshore Sun, <br />said Notice providing that proposals would be opened at 2:00 o'clock p.m. on the 24th day of August, <br />2010; and <br /> <br />WHEREAS Bank responded to such Notice to Offerors and indicated its willingness to provide banking <br />services for the City of La Porte according to information in its submitted Proposal; and said Notice to <br />Offerors and the Proposal submitted by Bank are each specifically made a part of this Agreement and <br />incorporated by reference for all purposes; and <br /> <br />WHEREAS Bank's 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, <br />the parties hereto agree as follows: <br /> <br />1. City hereby grants to Bank the right to provide banl~ing services to the City of La Porte. <br /> <br />2. Bank agrees to perform the above-stated banking services in complete conformance with the <br />guidelines of R.F.P. 10508, and Bank's submitted Proposal, a copy of which are attached hereto, marked <br />Exhibit "A" and by this reference incorporated herein and made a part of this Agreement. <br /> <br />3. The term of this Agreement shall be from the 1st day of November, 2010, to and including the 31st <br />day of October, 2015, and on a month to month basis thereafter until terminated by City. <br /> <br />4. Bank and City agree to fully comply with the terms, conditions, and specifications contained in Exhibit <br />"A", which is attached hereto and made a part hereof, except and to the extent that said terms, conditions <br />or s ecifications are specifically modified in the body of this Agreement. This Agreement, together with <br />t afta ed Exhibit "A", constitutes the entire agreement between the parties hereto. <br /> <br />F, the parties hereto have executed this Agreement in multiple copies effective on <br />above. <br /> <br />(~.~.~ <br /> <br />c- <br /> <br />BY: <br /> <br />Olief Exccutivei3fofieef. V i c.~ 'P",,,,'.~f- <br /> <br />ATTEST: <br /> <br /> <br /> <br />
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