Review Agenda Item
Meeting Date: 8/13/2012 - 6:30 PM
Category: Consent Agenda
Type: Action
Subject: Depository Contract and Pledge Agreement Annual Renewal
Board Goals:
Enclosure
File Attachment:
Background & Rationale: In accordance with 165.211, RSMo, the Board shall select depositories of money and funds of the District. Depositories may be selected annually or the District and depository may enter into a one-to-five year contract or agreement for the deposit of the District's moneys or funds.

Approval of the Annual Renewal for the Depository Contract and Pledge Agreement from the Board-approved Bid for Banking Services for the District was approved July 1, 2008 for the minimum length of one (1) year, with an option by the District to renew at the same terms for up to four (4) additional years upon satisfactory annual renew. The District shall have the option to renew this Agreement on the same terms for up to four (4) additional one-year terms. The district will issue an Request for Propsoal (RFP) for banking services spring of 2013.
Budget to be Charged: n/a
Motion: Consent Agenda
Approvals:
Recommended By:
Signed By:
Brian Blankenship - Associate Superintendent of Operations
Signed By:
Dr. Allan Markley - Superintendent