Drafter
Clerk 04/01/2014
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A MOTION approving specifications for the provision of banking services, and authorizing the executive to seek bids for provision of those services.
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WHEREAS, K.C.C. chapter 4.14 requires that certain financial services provided by banks must be bid every seven years through a competitive process, and
WHEREAS, the executive has prepared an invitation to bid for King County banking services for January 1, 2015, through December 31, 2021, and
WHEREAS, the council deems that the specifications provide for services that are in the best interest of King County;
NOW, THEREFORE, BE IT MOVED by the Council of King County:
The specifications for financial services, in Attachment A to this motion, are
hereby approved and the King County executive is authorized to seek bids from qualified financial institutions for the provision of those services.