HomeMy WebLinkAboutA200CITY OF NATIONAL CITY, CALIFORNIA
COUNCIL AGENDA STATEMENT
MEETING DATE: March 1, 2011
AGENDA ITEM NO.
ITEM TITLE:
Resolution of the City Council of the City of National City approving the banking and custody agreements with
Union Bank, N.A., of California and authorizing the City Manager to execute the agreements
PREPARED BY: Jeanette Ladrido, CPA DEPARTMENT:
PHONE: 336-4331 APPROVED BY:
EXPLANATION:
See attached report
FINANCIAL STATEMENT:
ACCOUNT NO. 632-404-045-299-0000
APPROVED: i� &%1 % ?d Finance
APPROVED: MIS
Funds are available in the referenced account in the amount of $45,560. If necessary, funds will be transferred
within the departmental operating budget to cover additional fees.
ENVIRONMENTAL REVIEW:
N/A
ORDINANCE: INTRODUCTION:
FINAL ADOPTION:
STAFF RECOMMENDATION:
Approve the agreements with Union Bank and authorize the City Manager to execute the agreements
BOARD / COMMISSION RECOMMENDATION:
N/i
ATTACHMENTS:
1. Resolution
2. Implementation Schedule
3. Banking Services Agreement
4. Custody Agreement