HomeMy WebLinkAboutCDC A200 Union Bank (Finance)MEETING DATE:
CITY OF NATIONAL CITY, CALIFORNIA
COMMUNITY DEVELOPMENT COMMISSION
COUNCIL AGENDA STATEMENT
April 5, 2011
AGENDA ITEM NO.
ITEM TITLE:
Resolution of the Community Development Commission of the City of National City authorizing the Chairman
to execute an Agreement with Union Bank, N.A., for banking and custody services, and authorizing the
Executive Director to execute all other related documents as deemed necessary.
PREPARED BY: Jeanette Ladrido, CPA DEPARTMENT
PHONE: 619-336-4331 APPROVED B
EXPLANATION:
See attached report.
FINANCIAL STATEMENT:
ACCOUNT NO. 511-404-045-299-0000
APPROVE
APPROVED:
A
Finance
MIS
Funds are available in the referenced account in the amount of $20,000. 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:
Authorize the Chairman to execute the agreement with Union Bank, N.A., and authorize the Executive Director 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,