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HomeMy WebLinkAboutR-2006-083 Wachovia Bid Award RESOLUTION NO. 2006-083 A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA, AWARDING A CONTRACT FOR BANKING SERVICES TO WACHOVIA BANK N.A. FOR A PERIOD OF THREE YEARS; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Dania Beach issued a "Request for Proposal" (RFP) to seek bank services for the City in March, 2006; and WHEREAS, four banking institutions responded, two of which were not members of the Federal Reserve System which was required in the Request for Proposals ("RFP") and, therefore, they were deemed non-responsive; and WHEREAS, the City Selection Committee has rated the remaining two responses based on the criteria established in the RFP; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the proper City officials are authorized to execute a contract with Wachovia Bank, N.A. for a three year period for banking services as deemed necessary by the Director of Finance based on the cost established in the response to the RFP. Section 2. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 3. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED AND ADOPTED on m�9�� �1 2006. 4c ' PATRICIA FLURY MAYOR—COMMISSIONER ATTEST: , LOUISE STILSON, CMC CITY CLERK APPROVED AS TO F07 AVID CORRECTNESS: BY: THO AS . ANSB O CITY ATTORNEY