File #: 2003-0171    Version: 1
Type: Motion Status: Passed
File created: 4/21/2003 In control: Budget and Fiscal Management Committee
On agenda: Final action: 5/5/2003
Enactment date: Enactment #: 11698
Title: A MOTION approving specifications for the provision of financial services, and authorizing the executive to seek bids for provision of those services.
Sponsors: Larry Phillips, Jane Hague
Indexes: Banking, Bidding, Executive, Finance, Financial Systems
Attachments: 1. Motion 11698.pdf, 2. 2003-0171 Staff Report 04-30-03, 3. 2003-0171 transmittal letter.doc, 4. A. Banking Services - King County Finance and Business Operations Division, 5. B. Safekeeping Services - King County Finance and Business Operations Division
Drafter
Clerk 04/10/2003
title
A MOTION approving specifications for the provision of financial services, and authorizing the executive to seek bids for provision of those services.
body
      WHEREAS, K.C.C. chapter 4.14 requires that financial services be bid every five years through a competitive process, and
      WHEREAS, the King County executive has prepared an invitation to bid for King County banking services and safekeeping services for October 1, 2003, through September 30, 2008, and
      WHEREAS, the King County 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, substantially in the form attached 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.