ITEM TITLE:
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Consider approving RFPCL22-008 Banking Services contract between Liberty National Bank and City of Lawton.
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INITIATOR: Gwendolyn Spencer, Interim Finance Director
STAFF INFORMATION SOURCE: Finance Department
BACKGROUND: On November 9, 2021, the City Council accepted the bid proposal of RFPCL22-008 Banking Services from Liberty National Bank. Finance is now requesting the approval of the banking contract between Liberty National Bank and City of Lawton.
EXHIBIT: Contract is on file in the City Clerk’s Office
KEY ISSUES: Does the Lawton City Council wish to authorize the banking contract between Liberty National Bank and City of Lawton?
FUNDING SOURCE: N/A
STAFF RECOMMENDED COUNCIL ACTION: Approve (RFPCL22-008) Banking Services contract between Liberty National Bank and City of Lawton.