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I <br /> <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br />i <br />,! <br /> I <br /> ! <br /> ! <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br />CASE <br /> <br />AWARD CONTRACT FOR BANKING SERVICES <br /> By: Jessie Hart, Finance Officer <br /> <br />Background: <br /> <br />On Tuesday, November 24, 1997, the City Council authorized staff to solicit proposals for <br />banking services by distributing the "Request for Proposal - Banking Services" to the two local <br />banking institutions - Landmark Community Bank and Northland Security Bank. <br /> <br />The bid opening is scheduled for 2:00 p.m. on Thursday, December 4, 1997, which is after the <br />preparation of this case. Because of the timing, the bid summaries will be prepared and a <br />recommendation will be distributed at the table. <br /> <br />Council Action: <br /> <br />Award contract for banking services to Landmark Community Bank and/or Northland Security <br />Bank for banking Services for a minimum three-year contract beginning January 1, 1998. <br /> <br />Reviewed by: <br /> <br />Finance Officer <br />Acting City Administrator <br /> <br />CC: 12/09/97 <br /> <br />Iq7 <br /> <br /> <br />