Loading...
HomeMy WebLinkAboutRESOLUTION 1997-50City of Konai RESOLUTION NO. 97-~0 Suggested by: Administration~ A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALAS~:' 'AWARDING A CONTRACT FOR BANKING SERVICES TO NATIONAL'sANK OF' WHEREAS, proposals were requested and received from National Bank of Alaska, First National Bank of Anchorage, Bank of America, and Key Bank and; WHEREAS, the proposals were evaluated as specified in the RFP and; WHEREAS, total points allocated to National Bank of Alaska and First National Bank of Anchorage were equal md; WI4EREAS, the City would incur costs that are associated with changing banks; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the City Manager is authorized to negotiate a three year contract with provision for a two year extension with National Bank of Alaska for banking services. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 16~ day ofluly, 1997. . ATTEST: Carol L. Freas, City Clerk Approved by Finance: (7/11/97) SI Introduction: July 16, 1.997 Adopted: July 16, !997 Effective: July 16, 1997 CITY OF KENAI 210 FIDALGO AVE., SUITE 200 KENAI, ALASKA e9611.T'/e4 TELEPHONE FAX e07-283.~14 TO: Kenai City Council FROM: Lawrence A. Semmens, Finance Director~ SUBJECT: Banking Services RFP Requests for Proposals for banking services were received ..i from National Bank of Alaska, First National Bank of Anchorage, Key Bank and Bank of America. I evaluated the proposals as described in the RFP resulting in the following point scores: First National Bank of Anchorage National Bank of Alaska Key Bank Bank of America 100 100 84 Not Responsive The proposals of FNBA and NBA received exactly the same points. Each bank was rated equally as to qualifications and understanding of the services requested. The cost portion of the proposals differed by only one dollar after including the optional service of computer access. Since the City would incur costs associated with changing banks, it is my recommendation that the City continue its banking relationship with National Bank of Alaska.