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HomeMy WebLinkAboutO-2001-2495 .' . ORDINANCE NO. 2001-9.4ttS' AN ORDINANCE APPROVING AND AUTHORIZING A BANlCING SERVICES AGREEMENT BETWEEN THE CITY OF LA PORTE AND SOUTHWEST BANK OF TEXAS OF LA PORTE, FOR A THREE YEAR TERM CODENCING AUGUST 1, 2001, AND TERMINATING JULY 31, 2004, AND ON A MONTH TO MONTH BASIS THEREAFTER UNTIL TERMINATED BY THE CITY, MAKING VARIOUS FINDINGS AND PROVISIONS 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 as shown in the document which is attached hereto and incorporated herein by this reference. The Mayor 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 effective from and after its passage and approval, and it is so ordered. . . ORDINANCE NO. 2001-~~~~ FP.GE 2 PASSED AND APPROVED, this 25th day of June, 2001. By: CITY OF LA PORTE Norma~~~Ma~4 Mayor ATTEST: I vm~ {/. tIt~d Ma tha A. GJ.lle t City Secretary ~~ Knox W. Askins City Attorney - THE STATE OF TEXAS COUNTY OF HARRIS RA NKTNl1 ~P.RVT(,P.~ Al1RP.P.MP.NT e 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". W T T N P ~ ~ P. T H: 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 31st 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. F TEXAS BY: Walt r Johnson, Chief Execu ve Officer ell' ( - - ,~f/I d / /fit! ~:~. Ci~S7 /1 ) Md-~ ~~ Knox W. Askins, City Attorney A TrEST: Corporate Secretary (Corporate Seal)