HomeMy WebLinkAboutpre resolutionJ-0l•-091
10/10/01
RESOLUTION NO.
A RESOLUTION OP THE MMANI CITY COMMISSION
ACCEPTING THE RECOMMENDATION OF THE CITY MANAGER
TO APPROVE THE FININGS OF THE EVALUATION
COMMITTEE, PURSUANT TO REQUEST FOR PROPOSAL
NO. 00-01-162► DATED AUGUST 27, 2001, THAT THE
MOST QUALIFIED FIRMS TO PROVIDE BANKING SERVICES
FOR THE CITY OF MIAMI ARE, IN RANK ORDER:
(1) FIRST UNION BANK, (2) BANK OF AMF RICA AND
(3) SUN TRUST, AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE A PROFESSIONAL SERVICES
AGREEMENT► IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, WITH FIRST • UNION BANK, THE
FIRST -RANKED FIRM, FOR A PERIOD OP THREE YEARS,
WITH THE OPTION TO RENEW FOR THREE ADDITIONAL
ONE-YEAR PERIODS; FURTHER AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE AN AGREEMENT
WITH .SANK OF AMERICA, THE SECOND -RANKED FIRM, IN
THE EVENT NEGOTIATIONS FAIL WITH FIRST UNION
EANK. AND IF NEGOTIATIONS ARE NOT SUCCESSFUL, TO
ISSUE A NEW REQUEST FOR PROPOSAL FOR BANKING
SERVICES; DIRECTING THE CITY MANAGER TO PRESENT
THE AGREEMENT TO THE CITY COMMISSION FOR ITS
CONSIDERATION.
SE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
PLOR I DA :
Section 1. The recommendation of the City Manager to
approve the findings of the evaluation committee, pursuant to
Request for Proposal No. 00-01-162, dated August 27, 2001, that
the most qualified firms to provide banking services for the City
CITY COMMISSION
MEET= OF
r
of Miami are, in rank order: (1) First Union Bank, (2) Bank of
America and (3) Sun Trust, is accepted.
Section 2. The City Manager is authorizedV to negotiate
and execute a professional services agreement, in a form
acceptable to the City Attorney, with First Union Bank, the
first -ranked firm, for a period of three years, with the option
renew for three additional one-year periods, and to negotiate
and execute an agreement with Bank of America, the second -ranked
firm, in the event negotiations fail with First Union Bank, and
negotiations are not successful, to issue a new Request for
Proposal .for banking services.
Section 3. The City Manager is directed to present the
agreement to the City Commission for its consideration.
Section 4, This Resolution shall become effective
immediately upon its adoption and signature of the Mayor.2f
a!
Ir
The herein authorization is further subject to compliance wits all
requirements that may be imposed by the City Attorney, including but not
Limited to those prescribed by applicable City Charter and Code
provisions.
If the Mayor does not sign this Resolution, it shall become effective at
the end of ten calendar days from the date it was passed and adopted.
If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
PASSED AND ADOPT: this 25th day of October , 2001.
JOE CAROLLO, MAYOR
In accordtfCO with Iki!7r,,' "^ i'a r ^. + . . t?.•. tho Miwor f1�jt 1 !r a . ,..,,, , of
►bcc rnwa a :Ji .t vfs Shcii i l+:
rcgarwinc t3trn}. VitOtut the May
WALTER J. FOEMAN
CITY CLERK
0 V
TTORNEY
2 O L2
FOR v_ D CORRECTNESS: %
LLO