Approve an ordinance designating JP Morgan Chase Bank, N.A. as the depository for the City’s funds and authorize a contract for bank depository services for Austin Financial Services with JP Morgan Chase Bank, N.A. for a term of five years in an amount not to exceed $2,500,000. Funding: $40,000 is available in the Operating Budget of Austin Financial Services. Funding for the remaining contract term is contingent upon available funding in future budgets.
26-1984 · Consent · Agenda Ready