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RESOLUTION NO. 2019 - 2144 <br /> A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br /> SUNNY ISLES BEACH, FLORIDA, APPROVING A FIRST <br /> AMENDMENT TO THE AGREEMENT WITH TD BANK, N.A. FOR <br /> BANKING SERVICES; AUTHORIZING THE CITY MANAGER TO DO <br /> ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; <br /> PROVIDING FOR AN EFFECTIVE DATE. <br /> WHEREAS, in April 2014, City issued Request for Proposals ("RFP") No. 14-04-02 for <br /> banking services to include, but not limited to, deposits, check payments, payroll checks, ACH <br /> processing, wire transfers, and corporate credit cards ("Banking Services"); and <br /> was the <br /> received three (3) responses es and determined that TD Bank <br /> WHEREAS, the City p <br /> lowest responsible and responsive bidder; and <br /> WHEREAS, on June 14th, 2014, via Resolution No. 2014-2242, the City Commission <br /> awarded RFP No. 14-04-02 to,and entered into a five(5)year Agreement with,TD Bank to provide <br /> Banking Services to the City; and <br /> WHEREAS, City staff have expressed their satisfaction with the services rendered by TD <br /> Bank and wish to renew the Agreement for an additional five (5) year term;, and <br /> WHEREAS, TD Bank is desirous to continue providing said Banking Services; and <br /> WHEREAS,the City now wishes to approve a First Amendment to the Agreement with TD <br /> Bank,N.A. for continued Banking <br /> 1 d Services for an additional five (5) year term, attached hereto as <br /> Exhibit"A". <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br /> CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> Section 1. Approval of First Amendment. The City Commission approves a First Amendment <br /> for an additional five(5)year <br /> TD Bank,N.A. for continued BankingServices o <br /> to the Agreement with <br /> g <br /> term, attached hereto as Exhibit "A". <br /> City Manager.2. <br /> Authorization of Mana er. The City Manager is hereby authorized to do all <br /> things necessary to effectuate this Resolution. <br /> o <br /> n <br /> Section 3. Effective Date. This Resolution will become effective upon adoption. <br /> PASSED AND ADOPTED this 20a day of Ju' e 2019. <br /> George • . Scholl, Mayor <br /> R2019 TD Bank Renewal Letter RFP 14-04-02 - 1 - <br />