Res 2015-135/approving an agreement between the City and Wells Fargo Bank, N.A. for the provision of Depository Services contingent upon the depository’s provision of sufficient insurance in accordance with the attached agreement

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Attachments enumerated in this Section, the order of-'precedence will be A) this Agreement, and 13) the remaining documents listed above according to their descending alphabetical order ber;inriino with Attachment A. 2.1.4 The Depository will furnish at its own. expense all necessary administrative services, office space, equipment, clerical personnel, telephone and other cotn.nuuiication flacilities, and insurance coverage. 2.2 .XI)I)ITIONAL SERVICES /CIIANGU, IN SERVICES /PROJECT ASSUMPTIONS 2.2.1 The City and the Depository agree that any substantial deviations from the scope of services as they are described in Section 2.1 of this Agreement are considered additional services. The Depository Will submit a written estimate of the total fee for any additional services to the City and obtain the City's authorization before initiating any additional services. Should the City choose to utilize additional services available from the Depository that are not included in this Lgreement, the City will negotiate the cost for those services with the Depository and will pay the negotiated rate. 2.2.2 Each material change (deletion or addition) in the services to be provided by the Depository must be authorized. by the City on the Authorization of Change in Services form attached to this Ao rcenient as Attachment G. Compensation for additional services will be in ID addition to that specified for those services referenced in Section 2.1. The approval of the City's governing body is necessary for all additional services the compensation for which exceeds $50,000.00. A R I' U', 3 THE CITY'S RESPONSIBILITIES The City will: 3.I Provide full information to the Depository regarding the City's requirements for the Depository's services under this .Agreement. The City will furnish the Depository with copies of data and. information in the City's possession needed by the Depository to perform its services, at the Depository's request. 3.2 Designate I- leather 1- lurlbert, Finance Director as the City's authorized representative to act on the City's behalf with respect to this Agreement. The City will examine the documents and information submitted by the Depository and promptly render responses to the Depository on issues requiring a decision by the City. 3.3 Bear all costs incident to this Article. Ic