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HomeMy WebLinkAboutCity Council Resolution 2005-465CITY OF PLYMOUTH RESOLUTION NO. 2005-465 AWARDING THE PROPOSAL FOR BANKING SERVIES TO ANCHOR BANK WHEREAS, the City requested proposals for banking services for the years 2006 through the year 2010; and WHEREAS, six proposals were received and opened on November 28, 2005; and WHEREAS, all banks are full service banks which can provide all the City's banking needs and have branches in the City of Plymouth; and WHEREAS, the proposal from Anchor Bank was the lowest cost proposal. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that Anchor Bank shall be the official bank designated for the City's bank accounts for the period January 1, 2006 through December 31, 2010. Adopted by the City Council on December 13, 2005.