HomeMy WebLinkAboutCity of Tamarac Resolution R-2013-061Temp. Reso #12351 — May 23, 2013
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. 2013 '" (a I
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF TAMARAC, FLORIDA AUTHORIZING THE
APPROPRIATE CITY OFFICIALS TO EXERCISE A TWO (2)
YEAR RENEWAL OPTION TO THE ORIGINAL AGREEMENT
BETWEEN THE CITY OF TAMARAC AND TD BANK, NA, AS
THE CITY'S DEPOSITORY AND PROVIDER OF BANKING
SERVICES, AND TO EXECUTE AGREEMENT AMENDMENT
#1 EFFECTIVE FOR THE TERM OCTOBER 23, -2013
THROUGH OCTOBER 22, 2015; PROVIDING FOR
CONFLICTS; PROVIDING FOR SEVERABILITY; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, The City Charter, Section 7.06(a) stipulates that the City Commission of
the City of Tamarac shall designate the City's depository; and
WHEREAS, in addition to naming a City depository, it is necessary to contract with a
financial institution to provide the City with various Banking Services, including depository
services, custodial services and account maintenance services; and
WHEREAS, in 2008, the City utilized due diligence in seeking responses for
qualified firms to provide Banking Services to the City through the issuance of a Request
for Proposal; and
WHEREAS, Resolution R-2008-131 dated September 10, 2008, approved by the
City Commission at its regular meeting of September 10, 2008, awarded Request for
Proposal #08-14R for Banking Services, and authorized execution of an agreement with
TD Bank, NA (Contractor) to provide Banking Services for a five (5) year period, with an
option to renew for an additional two (2) year period, a copy of said proposal, resolution
and agreement is hereto on file in the City Clerk's office; and
WHEREAS, TD Bank, NA, has successfully performed Banking Services on behalf
Temp. Reso #12351 — May 23, 2013
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of the City during the term of the original Agreement; and
WHEREAS, the Director of Financial Services and the Controller recommend that
the two (2) year renewal option of the original Agreement with TD Bank, NA, be exercised,
and that the appropriate City Officials be authorized to execute Agreement Amendment #11
included herein as Exhibit "1 "; through October 22, 2015; and
WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in
the best interests of the citizens and residents of the City of Tamarac to exercise the two
(2) year renewal option of the contract between the City of Tamarac, Florida and TD Bank,
a
NA for Banking Services, and authorize the appropriate City Officials to execute Agreement
Amendment #1, included herein as Exhibit I ", for the period effective October 23, 2013
through October 22, 2015.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF TAMARAC, FLORIDA:
SECTION 1:
The foregoing "WHEREAS" clauses are HEREBY ratified and
confirmed as being true and correct and are hereby made a specific part of this Resolution
upon adoption hereof and all exhibits referenced and attached hereto are incorporated
herein and made a specific part of this resolution.
SECTION 2:
The appropriate City officials are hereby authorized to execute
Agreement Amendment Number 1, attached hereto as Exhibit "1" to exercise the two (2)
year renewal option of the Banking Services Agreement between the City of Tamarac,
Florida, and TD Bank, NA effective October 23, 2013 through October 22, 2015, attached
hereto as Exhibit 1 ".
SECTION I
All resolutions or parts of resolutions in conflict herewith are
hereby repealed to the extent of such conflict.
SECTION 4:
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If any clause, section, other part or application of this
Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in
part or application, it shall not affect the validity of the remaining portions or applications of
this Resolution.
SECTION 5:
This Resolution shall become effective immediately upon its
passage and adoption.
PASSED, ADOPTED AND APPROVED this
ATTEST:
s-
PATRICIA TEUFEIJJCMC
INTERIM CITY CLERK
HEREBY CERTIFY THAT I HAVE
APPROVED THIS RESOLUTION
AS TO FORM
r.t/SAMUE S.)G(nREN
CIT AT ORNEY
day of944OV-17-C,, 2013.
BETH TALABISC
MAYOR
RECORD OF COMMISSION VOTE:
MAYOR TALABISCO -
DIST 1: COMM. BUSHN L L -
COMM. ATKINS-GRAff 111t-z
COMM. GLASSER L44
DIST 2:
DIST 3:
DIST 4:
WM DRESSLER
City of Tamarac
AGREEMENT AMENDMENT #1
BETWEEN THE CITY of TAMARAC
AND
TD BANK, NA
Purchasing Division
The CITY OF TAMARAC (City) and TD Bank, N.A., a national association, with
principal offices located at Two Portland Square, Portland, ME 04112 (the
"Contractor") , agree to amend the original Agreement as follows:
1. Pursuant to the terms of Section 4, "Contract Term , of the original Agreement for
Banking Services for the City of Tamarac; dated October 23, 2008, the City and the
Contractor exercise the two (2) year renewal option for the term October 23, 2013 —
October 22, 2015 at the same terms, conditions and pricing.
2. All other portions of the original Agreement are in effect as written.
Remainder of Page Intentionally Blank
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City of Tamarac Purchasing Division
IN WITNESS WHEREOF, the parties have made and executed this Agreement on the
respective dates under each signature. CITY OF TAMARAC, signing by and through its
City Manager, and CONTRACTOR, signing by and through its Vice President duly
authorized to execute same.
Interim City Clerk
Date
ATTEST:
Signature of Corporate Secretary
(CORPORATE SEAL)
CITY o
Date
ichael . Cernech, City Manager
a5 ��
Date
Approved
(7 'Irl-I Ifr
Date
as to form
TD BANK, NA
Company Name
Signature of Vice President
Pamela_ Ramkalawan
Vice President
5 � 2,0 � \3
Date
and legal
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City of Tamarac
CORPORATE ACKNOWLEDGEMENT
STATE OF
:SS
COUNTY OF
Purchasing Division
I HEREBY CERTIFY that on this day, before me, an Officer duly authorized in the State
aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Pamela Ramkalawan, Vice President, of TD Bank, N.A., a National Banking
Association, to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that he/she executed the same.
WITNESS my hand and official seal this. day of 4,672013.
- - - - /- SignaAre of Notary Public
ToNyA EN6LAW State of Florida at Large
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cmm. EXPINS Apr - 13, 2015 Leo 1/3 ./Iz)
c°aMw"i°" le Et°�ss Print, Type or Stamp
Name of Notary Public
Personally known to me or
❑ Produced Identification
Type of I.D. Produced
F-1 DID take an oath, or
F DID NOT take an oath.
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