Legislation Details

File #: 24-1405    Version: 1 Name:
Type: Report Status: Passed
File created: 1/12/2024 In control: Mayor and Board of Aldermen
On agenda: 1/17/2024 Final action: 1/17/2024
Title: Order to approve the recommendation of City Clerk, Kelly Scouten, for the city to accept the proposal of Community Bank for the term of (2) two years for the following accounts: 1) The City of Pearl Water & Sewer Fund, 2) The City of Pearl Water & Sewer Fund #2 3) The City of Pearl Customer Meter Refund 4) 2023 Energy Efficiency Fund; and to accept the proposal of Priority One Bank for the term of (2) two years as the city depository for all other accounts that are currently on deposit with Priority One Bank.

Consider the recommendation of City Clerk, Kelly Scouten, for the city to accept the proposal of Community Bank for the term of (4) four years for the following accounts:  1) The City of Pearl Water & Sewer Fund, 2) The City of Pearl Water & Sewer Fund #2 3) The City of Pearl Customer Meter Refund 4) 2023 Energy Efficiency Fund; and to accept the proposal of Priority One Bank for the term of (4) four years as the city depository for all other accounts that are currently on deposit with Priority One Bank.