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Purpose of Request REQUEST FOR PROPOSAL FOR BANKING SERVICES CITY OF RAMSEY DIANA LUND, FINANCE DIRECTOR 7550 Sunwood Drive NW Ramsey, Minnesota 55303 Phone: (763) 433 -9847 The City of Ramsey invites written proposals from those banking institutions located within the community and wishing to serve the City's banking needs beginning January 1, 2013. Proposals should be submitted using the above address. The City will utilize a timetable that should result in the recommendation of a banking institution at the November 13th City Council meeting. To achieve this, written proposals must be submitted by 4:30 p.m. on Friday October 12, 2012. Banking Services would begin January 1, 2013. The intent of the City is to enter into a written contract, with the agreed upon party, for a period of one year. Thereafter (assuming no terms have changed), on the first of each year, a resolution will be passed designating said bank as the institution that will provide the City of Ramsey's banking services for that year. Instructions to Proposers A. All proposals should be sent to, and any questions or comments directed to: Diana Lund, Finance Director City of Ramsey 7550 Sunwood Drive NW Ramsey, Minnesota 55303 Phone: (763) 433 -9847 B. All proposals must be in a sealed envelope clearly marked: "Sealed Proposal — Banking Services." All proposals must be received by 4:30 p.m. on October 12, 2012 at which time they will be opened. Three (3) copies of the proposal must be submitted. The Finance Director will notify the banking institution selected by November 14, 2012. Proposal Evaluation Proposals will be evaluated by the Finance Director in order to ascertain which proposer best meets the needs of the City. Evaluation considerations will include, but not necessarily be limited to, the following: