HomeMy WebLinkAboutPre-legislationJ-01-891
10/10/01
RESOLUTION NO.
— E. V
A RESOLUTION OF THE MIAMI CITY COMMISSION
ACCEPTING 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 OF MIAMI ARE, IN RANK ORDER:
(1) FIRST UNION BANK, (2) BANK OF AMERICA 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 OF 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 BANK OF AMERICA, THE SECOND -RANKED FIRM, IN
THE EVENT NEGOTIATIONS FAIL WITH FIRST UNION
BANK, 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.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
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 CO MISSION
NMEET; G OF
nr
tiuuo utian N
are, in rank order: (1) First Union Bank, (2) Bank of
America and (3) Sun Trust, is accepted.
Section 2. The City Manager is authorized!" 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
to 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
if 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.-'
1/
2/
The herein authorization is further subject to compliance with 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.
Page 2 of 3
PASSED AND ADOPTED this 25th day of October , 2001.
JOE CAROLLO, MAYOR
In eccordance with Mrr Ccc Sc. 2-23. s::!!...ne. the I,.ilzwor Cfr not irr!'cr,t2377-----1.01
Iiii3 1:3:7le.tiOn by •
bcm ctv
regarding sarno,l,githout the IVIEVOI C:Xia
ATTEST:
WALTER J. .FOEMAN
CITY CLERK
A P PROV FORIpeND CORRECTNESS :t/
A 0 VI ELL0
TTORNEY
Page 3 of 3
(aItr J. Foo it CIeri
- i '