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HomeMy WebLinkAbout1996-210 CCR1 its adoption: policy; and Member Kristen Mann introduced the following resolution and moved RESOLUTION NO. 96 -210 RESOLUTION ACCEPTING PROPOSAL FOR BANKING SERVICES, WHEREAS, the City Council adopted a Policy and Procedure on Requests for Proposals for Financial Profession Services; and WHEREAS, proposals for banking services were solicited in accordance with this WHEREAS, valid proposals were received from Marquette Bank Brookdale and Norwest Bank; and WHEREAS, the staff and the Financial Commission have reviewed these proposals and are recommending the proposal of Marquette Bank Brookdale for checking account service with earnings credit applied to all fees. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the proposal of Marquette Bank Brookdale to provide checking account service with earnings credit applied to all fees is accepted for a period of three years commencing on January 1, 1997. October 28, 1996 Date Mayo ATTEST: 4lxi41A4±06A, Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Kathleen Carmody and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kristen Mann, and Charles Nichols; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.