HomeMy WebLinkAboutA200 Union Bank (Finance)CITY OF NATIONAL CITY, CALIFORNIA
COUNCIL AGENDA STATEMENT
MEETING DATE: April 5, 2011
AGENDA ITEM NO.
ITEM TITLE:
Resolution of the City Council of the City of National City authorizing the Mayor to execute an Agreement with
Union Bank, N.A., for banking and custody services and authorizing the City Manager to execute other related
documents as deemed necessary.
PREPARED BY: Jeanette Ladrido, CPA DEPARTMENT:
PHONE: 336-4331 APPROVED BY:
EXPLANATION:
See attached report
FINANCIAL STATEMENT: APPROVED:
ACCOUNT NO. 632-404-045-299-0000 APPROVED:
Funds are available in the referenced account in the amount of $50,000.
within the departmental operating budget to cover additional fees.
ENVIRONMENTAL REVIEW:
N/A
ORDINANCE: INTRODUCTION:
FINAL ADOPTION:
Finance
MIS
If necessary, funds will be transferred
STAFF RECOMMENDATION:
Authorize the Mayor to execute the agreement with Union Bank N.A., and authorize the City Manager to execute
other related documents as deemed necessary
BOARD / COMMISSION RECOMMENDATION:
N/A
ATTACHMENTS:
1. Resolution
2. Implementation Schedule
3. Banking Services Agreement
4. Public Entity Resolution.