HomeMy WebLinkAbout04-182
16200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 04-182
APPROV1NG A REQUEST FOR PROPOSAL ( RFP) AND AUTHORIZING
SOLICITATION OF PROPOSALS FOR BANK SERVICES
MOTION BY ZIESKA
SECOND BY LEMAIR
WHEREAS, the City is interested in designating an official depository for public funds as its official bank; and
WHEREAS, the City wishes to obtain the most competitive and cost effective service to process its municipal
financial transactions; and
WHEREAS, the successful banking institution shall be evaluated according to the criteria established within the
official solicitation of banking services RFP;. and
WHEREAS, the appointment term of the banking institution shall begin in January of 2005 and extend until
December 31, 2008; and
WHEREAS, the City of Prior Lake is interested in appointing the banking institution which would best serve the
financial interests of the City.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, that the City of Prior Lake hereby
approves the "Official Solicitation of Banking Services" as the basis for a request for proposal and authorizes formal
solicitation of such proposals for the purpose of selecting the City of Prior Lake's official bank.
Passed and adopted this 6th day of December 2004.
Haugen
Blomberg
LeMair
Petersen
Zieska
YES NO
X Haugen
X Blomberg
X LeMair
X Petersen
X Zieska
Frnn?dkt::
{Seal}
www.cityofpriorlake.com
Phone 952.447.4230 / Fax 952.447.4245