HomeMy WebLinkAboutResolution 2007-008 N.C.S. 01/22/2007 Resolution No. 2007-008 N.C.S.
of the City of Petaluma, California
RESOLUTION AUTHORIZING THE CITY MANAGER
TO ENTER INTO AN AGREEMENT WITH EXCHANGE BANK
TO PROVIDE BANKING SERVICES TO THE
CITY OF PETALUMA BEGINNING 2007 THROUGH 2012
WHEREAS, the City has solicited bids from various banking institutions to provide
banking services for the City of Petaluma; and,
WHEREAS, the City has received proposals from four banking institutions; and,
WHEREAS, the City has reviewed these proposals and found that the proposal from
Exchange Bank was the most advantageous to the City.
NOW, THEREFORE, BE IT RESOLVED that the City Council authorizes the City
Manager to enter into an agreement with Exchange Bank to provide banking services for the City
based itp on their proposal.
Under the power and authority conferred upon this Council by the Charter of said City.
RETERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the ppro e as o
Council of the City of Petaluma at a Regular meeting on the 22°~ day of January, rm:
2007, by the following vote:
City Attor~t y
AYES: Ban-ett, Harris, Vice Mayor Nau, O'Brien, Rabbitt, Mayor Torliatt
NOES: None
ABSENT: None
ABSTAIN: None - ~
ATTEST: ~j'/~'~G
City Clerk Mayor
Resohition No. 2007-008 N.C.S. Page 1