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HomeMy WebLinkAboutRES 2030 • Is4 i, CITY OF RENTON, WASHINGTON RESOLUTION NO. 2030 WHEREAS the City of Renton heretofore called for bid proposals for the furnishing of demand deposit account and other commercial banking services required by the City of Renton, all in accordance with the Call for Bids and the Specifications therefor published, and WHEREAS pursuant to said Call, bid proposals were received and opened on or about March 25, 1976, and WHEREAS the proposal submitted by. PEOPLES NATIONAL BANK OF WASHINGTON was thereafter on April 5 , 1976, accepted by the City Council of the City of Renton as the lowest and most beneficial offer to the City, NOW THEREFORE THE CITY COUNCIL OF THE CITY. OF RENTON, WASHINGTON DO RESOLVE AS FOLLOWS : SECTION I: The City. hereby designates Peoples National Bank of Washington, Renton Branch, to be the demand deposit account depository for the City. of .Renton for a period of two (2) years , or as otherwise specified in the attached Agreement, commencing as of May 1, 1976. SECTION' II : The Mayor and City Clerk are hereby authorized and directed to execute the attached Agreement, which is incorporated herein as if fully set forth, between the City of Renton and Peoples National Bank of Washington, Renton Branch. PASSED BY THE CITY COUNCIL this 19thday of April, 1976. Ate-CIA, Vld-4( APPROVED BY THE MAYOR th' s 19t da of April, 1976. - e..1/. %�. / i ISI Richard M. Stredicke.; =Mayor pro-tem Ap ved as to. form: A G rard M. hellan, City Attorney