Title
Subject: Contracts For Banking And Custodial Services
From: Office Of The City Administrator
Recommendation: Request To Withdraw The Following Item From The July 23, 2013 Finance & Management Committee Agenda:
Adopt The Following Pieces of Legislation:
1) A Resolution Authorizing The City Administrator To: Negotiate And Execute An Agreement With J.P. Morgan Chase, N.A. To Provide Primary Depository Services For The City At An Estimated Annual Cost Amount Of $275,000 For A Three-Year Period And To Renew With Two One-Year Options And (2) Negotiate With J.P. Morgan Chase, N.A. For Such Additional Banking Services As She May From Time To Time Deem Appropriate, At Costs She Deems Reasonable; And Waiving The Requirements Of The Living Wage Ordinance; And