HomeMy WebLinkAboutORD 3840I~'',
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.o~bINAMCE or THE<criiJNClLllf''-:l'HE>c'.!ri'df 'P;Ai;o:·Atro .
HM£ND !~G THE ~ttDGET FOR ''iHt flSC/\L LAR 1:'3B.,89 TO P~OViftiF:·:
AN ADDITIONAL ft.PPROPRIArION FOR SECUR(TrES SAFEKEEPING W).TH
THE BANK OF t/lLJfi)RN!A ·
WH\.:RE,U;::~) f"JI!~-S!..:1~nt
ChArter of the City of
ho,J0E't for fi scoJ vt-!lt
to the provlsions of Section 12 Gf ;\nicie IU
Palo Alto~ the Council on October ?4~ 1988 did
1988~89; and
bf the
bdOJ)t 0..
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WHERf:ilS. Wells Ftn·qo sank 1nforrned
service-::. would no 1onger be inchid~d in
require an addit iona1 f~)e~ and
the
the
City of Pa10°Alto'that saf~ke~pin~
bankin.:1 services contr-il.tt, hut w-cm.ld
WHEREAS!)'~ the s·ank, of. Cal iforn:ia :has. 9ffered trie bes·t · cornpe:t5Uve bid for
securtty safek~eping s~rvic'es fci'r: t!'w pe~·iod nes4:!mb~r 1, t988 th1"0Ll~lf !J~cember· 1 ~
1989;
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ABSENT:
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APPROVCU AS T0 FGRM:
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28, 1988
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