HomeMy WebLinkAboutO-1993-1888
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ORDINANCE NO. 93-1888
AN ORDINANCE APPROVING AND AUTHORIZING A BANKING SERVICES AGREEMENT BETWEEN THE
CITY OF IA PORTE AND BAYSHORE NATIONAL BANK OF IA PORTE, FOR A TWO YEAR TERM,
COMMENCING MARCH 1, 1993, AND TERMINATING FEBRUARY 28, 1995, AND ON A MONTH TO
MONTH BASIS THEREAFTER; MAKING VARIOUS FINDINGS AND PROVISION REIATING TO THE
SUBJECT; FINDING COMPLIANCE WITH THE OPEN MEETINGS IAW; AND PROVIDING AN
EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF IA 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 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, Article 6252-17, Texas Revised Civil Statutes
Annotated; 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 9th day of February, 1993.
By /!~::~~
, Norman Ma on, ayor
ATTE~ UdJ
City Secretary
AP~~~
City Attorney
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THE STATE OF TEXAS
COUNTY OF HARRIS
BANKING SERVICES AGREEMENT
THIS AGREEMENT, made and entered into this the 1st day of March,
1993, by and between the CITY OF LA PORTE, a municipal corporation,
hereinafter referred to as "City", and Bayshore National Bank, a Texas
corporation, whose address is 1001 Hwy 146 South, La Porte, Texas
hereinafter referred to as "Bank".
WIT N E SSE 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. 0048, the request
for proposals having been published in the La Porte Bayshore Sun on
December 6th and December 13th, 1992 said Notice providing that
proposals would be opened at 4:00 o'clock p.m. on the 21th day of
December, 1992; 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. 0048, 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 March,
1993, to and including the 28th day of February, 1995, and on a month to
month basis thereafter.
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 on the date first appearing above.
"BANK"
BAY SHORE NATIONAL BANK
a Tex~s ~rporation
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ATTEST~ ~
City Secretary
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Secretary ,
(Corporate Seal)
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AP~zJ, ~
City Attorney