HomeMy WebLinkAboutR-2010-187 Wells Fargo Banking Services Bid Award RESOLUTION NO. 2010-187
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA, ESTABLISHING A RANKING OF BANKING SERVICE
PROPOSALS AND APPROVING WELLS FARGO BANK AS THE MOST
RESPONSIVE AND RESPONSIBLE PROPOSER FOR CITY BANKING
SERVICES; AUTHORIZING AND DIRECTING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE A FINAL BANKING SERVICES
AGREEMENT WITH WELLS FARGO BANK; PROVIDING FOR
CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City solicited proposals from qualified banking institutions to provide
necessary banking services to the City of Dania Beach; and
WHEREAS, two responses were received by the City and analyzed by the City
Administration and the City's Financial Advisor; and
WHEREAS, the Administration's analysis of proposals resulted in a recommendation
that the most responsive and responsible proposal was provided by Wells Fargo Bank;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH,FLORIDA:
Section 1. That the City Commission of the City of Dania Beach establishes a
ranking of banking services proposals as follows:
• Most responsive Wells Fargo Bank
• 2°d most responsive BB&T Bank
Section 2. That the City Commission authorizes the proper City officials to execute
an agreement with Wells Fargo Bank.
Section 3. That funds for this agreement are available and will be paid from
respective City General and Enterprise funds through Finance Department allocation.
Section 4. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 5. That this Resolution shall be in force and become effective immediately
upon its passage and adoption.
PASSED AND ADOPTED on October 26, 2010.
C. K. NfclELy6r
'S Ffrc' MAYOR-COMMISSIONER
ATTEST.
LOUISE STILSON, CMC
CITY CLERK
APPROVED AS O F AND CORRECTNESS:
THO AS J. AN BRO
CITY ATT RNEY
2
RESOLUTION#2010-187