2001-06-25 Special Called Meeting

Browse Search

• THE STATE OF TEXAS • COUNTY OF HARRIS BANKING; SERVICES AGREEMENT THIS AGREEMENT, made and entered into effective the 1st day of August, 2001, by and between the CITY OF LA PORTE, a municipal corporation, hereinafter referred to as "City", and Southwest Bank of Texas, a national banking association, whose address is1401 Fairmont Parkway, La Porte, Texas, hereinafter referred to as "Bank". WHEREAS, the City has advertised for Proposals to provide banking services to the City of La Porte as provided in R.F.P. 0088, the request for proposals having been published in the La Porte Bayshore Sun, said Notice providing that proposals would be opened at 2:00 o'clock p.m. on the 23rd day of April, 2001; and WHEREAS Bank responded to such Notice to Offerors and indicated its willingness to provide banking services for the City of La Porte according to information in the proposal; and said Notice to Offerors and the proposal submitted by Bank are each specifically made a part of this Agreement; and WHEREAS Banks Proposal was selected to be the best responsible proposal; NOW THEREFORE, for and in consideration of the term, covenants, and conditions hereinafter set forth, the parties hereto agree as follows: 1. City hereby grants to Bank the right to provide banking services to the City of La Porte. 2. Bank agrees to perform the above -stated banking services in complete conformance with the guidelines of R.F.P. 0088, a copy of which is attached hereto, marked Exhibit "A" and by this reference incorporated herein and made a part of this agreement. 3. The term of this Agreement shall be from the 1st day of August, 2001, to and including the 31 st day of July, 2004, and on a month to month basis thereafter until terminated by City. 4. Bank and City agree to fully comply with the terms, conditions, and specifications contained in Exhibit "A", which is attached hereto and made a part hereof, except and to the extent that said terms, conditions or specifications are specifically modified in the body of this agreement. This agreement, together with the attached Exhibit "A", constitutes the entire agreement between the parties hereto. IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiple copies effective on the date first appearing above. CITY F LA PORT Norman L. Malone, May r ATTE T- Martha billett, City Secretary APMOVEAD: ` Knox W. Askins, City Attorney OUT E BANK F TEXAS 1 � BY: Walter Johnson, Chief Execu ve Officer ATTEST: Corporate Secretary (Corporate Seal)