File #: 2008-0277    Version:
Type: Motion Status: Passed
File created: 5/27/2008 In control: Budget and Fiscal Management Committee
On agenda: Final action: 3/16/2009
Enactment date: Enactment #: 12945
Title: A MOTION approving specifications for the provision of financial services, and authorizing the executive to seek bids for provision of those services.
Sponsors: Bob Ferguson
Indexes: Budget
Attachments: 1. 12945.pdf, 2. 2008-0277 Transmittal Letter.doc, 3. 3/16/09 Amendment A1.pdf, 4. A. Banking Services--RFP No. 1134-08RLD, 5. A. Banking Services--RFP No. 1134-08RLD, 6. B. Safekeeping Service - RFP No. 1139-08RLD dated March 3, 2009, 7. B. Safekeeping Services--RFP No. 1139-08RLD, 8. Staff Report 03-03-09, 9. Staff Report Attachment 5
Staff: Hamacher, Patrick
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A MOTION approving specifications for the provision of financial 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 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, 2008, through September 30, 2013, 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.