AGREEMENT FOR GOVERNMENT BANKING SERVICES
Agreement for Government Banking Services
This Agreement for Government Banking Services (the "Agreement") is made as of this
/(tI- day of ~ ,2005, between City of Clearwater (the "Client") and
Bank of Americ N.A., a National Banking Association.
WHEREAS, Client issued a Request for Proposal ("RFP") more fully identified below,
for providing banking services identified in the RFP (the "Services"):
RFP # 27-05, dated May2, 2005; and
WHEREAS, the Bank was the successful bidder under the RFP, having submitted its bid
response dated June 1,2005 (the "Bid Response"); and
WHEREAS, the parties wish to enter into this Agreement for the purpose of specifying
the term and constituent documents of the agreement between Client and Bank regarding
the Services;
NOW, THEREFORE, in consideration of the foregoing, and other good and valuable
consideration, the parties hereby agree as follows:
1. Integrated Agreement. The entire and integrated agreement between Client and Bank
related to the Services shall consist of this Agreement, Bank's Treasury Terms and
Conditions Booklet in connection with the Services (including their respective user
documentation and set-up forms), Bank's Bid Response and Client's RFP as
modified by the Bid Response. In the event of conflict among any of the preceding
documents, such documents shall govern in the following order of precedence:
(1) this Agreement, (2) Bank's Treasury Terms and Conditions Booklet (including
user documentation and set-up forms), (3) the Bid Response and (4) the RFP. The
integrated agreement supersedes all prior negotiations, representations, statements
and agreements, whether written or oral, regarding the Services.
2. Option Selected. The City has selected Option 2 for Banking Services as to pricing
for those services performed by Bank of America. This option is detailed in the Bid
Response dated June 1,2005.
3. Commencement of Performance. Except as otherwise agreed by the parties, Bank
shall begin performing each Service upon execution and delivery of this Agreement,
the pertinent service-level agreement and the related set-up forms. Bank shall
continue to perform such Services during the term of this Agreement.
4. Term. This Agreement is for an initial term of five (5) years. The Agreement may
be extended by mutual consent of the parties as set forth in the RFP.
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5. Notices. Except as may otherwise be specified in the applicable service-level
agreement or set-up form, notices to Client and Bank shall be sent to the addresses
set forth below:
Client: Finance Department
City of Clearwater
P.O. Box 4748
Clearwater, FL 33758-4748
Bank: Bank of America
18167 US Highway 19 N., Suite 600
Clearwater,FL 33764-6575
Changes in the respective address set forth above may be made from time to time by any
party upon written notice to the other party.
In witness whereof, the parties have executed this Agreement as of the date first written
above.
CITY OF CLEARWATER
[Client Name]
By: See Attached Signatune Page
[Signature]
Name:
[Type or Print]
Title:
[Type or Print]
B~CA' N.A. /J /
By: Y1, ~
[Signature]
Name: Victoria R. Parker
[Type or Print]
Title: Senior Vice President
[Type or Print]
188251.04
By:
Name:
Title:
2
[Signature]
[Type or Print]
[Type or Print]
Countersigned:
~I(~
Frank '(,..r1fbbard
Mayor
Approved as to form:
JtL
Pamela K. Akin
City Attorney
Attest:
f~~~u~~
City Clerk _ -. -: -
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