Laserfiche WebLink
RESOLUTION NO. 2021-52R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, AWARDING A CONTRACT TO WELLS FARGO, <br />N.A. FOR DEPOSITORY SERVICES IN THE ESTIMATED ANNUAL <br />AMOUNT OF $60,000.00 FOR A THREE-YEAR TERM AND <br />AUTHORIZING ONE ADDITIONAL EXTENSION OF UP TO TWO <br />YEARS; AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO <br />EXECUTE THE AGREEMENT ON BEHALF OF THE CITY; AND <br />DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. A contract with Wells Fargo, N.A., for Depository Services in the estimated <br />annual amount of $60,000.00 for a three-year term is approved and one additional extension of <br />up to two years is authorized. <br />PART 2. The City Manager or his designee is authorized to execute the agreement on <br />behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after its <br />passage. <br />ADOPTED on March 16, 2021. <br />)ane Hughson <br />Mayor <br />Att t: <br />��my K_,,�ook"' <br />J1T_ <br />interim City Clerk <br />