HomeMy WebLinkAbout157-16 RESOLUTION113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 157-16
File Number: 2016-0387
RFQ NO. 16-08 - FIRST SECURITY BANK PROFESSIONAL SERVICES CONTRACT:
A RESOLUTION TO AWARD RFQ NO. 16-08 AND APPROVE A FIVE (5) YEAR PROFESSIONAL
SERVICES CONTRACT WITH FIRST SECURITY BANK FOR THE PROVISION OF INVESTMENT
MANAGEMENT SERVICES.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS:
Section 1: That the City Council of the City of Fayetteville, Arkansas hereby awards RFQ No. 16-08 and
approves a five (5) year professional services contract with First Security Bank for the provision of
investment management services.
PASSED and APPROVED on 9/6/2016
Annraved:
Attest:
Sondra E. Smith, City Clerk Treasurer
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Page 1 Printed on 917116
City of Fayetteville, Arkansas 113 West Mountain Street
Fayetteville, AR 72701
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(479) 575-8323
Text File
File Number: 2016-0387
Agenda Date: 9/6/2016 Version: 1 Status: Passed
In Control: City Council Meeting File Type: Resolution
Agenda Number: A. 5
RFQ NO. 16-08 - FIRST SECURITY BANK PROFESSIONAL SERVICES CONTRACT:
A RESOLUTION TO AWARD RFQ NO. 16-08 AND APPROVE A FIVE (5) YEAR
PROFESSIONAL SERVICES CONTRACT WITH FIRST SECURITY BANK FOR THE PROVISION
OF INVESTMENT MANAGEMENT SERVICES
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS:
Section 1: That the City Council of the City of Fayetteville, Arkansas hereby awards RFQ No. 16-08
and approves a five (5) year professional services contract with First Security Bank for the provision of
investment management services.
City of Fayetteville, Arkansas Page 1 Printed on 91712016
City of Fayetteville Staff Review Form
2016-0387
Legistar File ID
9/6/2016
City Council Meeting Date - Agenda Item Only
N/A for Non -Agenda Item
Marsha Hertweck 8/17/2016 Accounting & Audit /
Finance & Internal Services Department
Submitted By Submitted Date Division / Department
Action Recommendation:
Request approval of a five year contract with First Security Bank for investment management services.
Budget Impact:
various
Account Number Fund
Project Number Project Title
Budgeted Item? No Current Budget $ -
Funds Obligated $
Current Balance $
Does item have a cost? Yes Item Cost
Budget Adjustment Attached? NA Budget Adjustment
Remaining Budget $ -
V20140710
Previous Ordinance or Resolution 4
Original Contract Number: Approval Date:
Comments: