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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Meeting Date 4/17/06 <br /> <br />Agenda Item # G- 0 <br /> <br />SUBJECT: <br />Cash Management (Banking) Services Contract Award. <br /> <br />BRIEF SUMMARY: <br /> <br />The current contract for banking services expires June 30,2006. Please see attached <br />memo describing the process used to solicit proposals and analyze responses. <br /> <br />REQUESTED ACTION: (Suggested motion "the Board approves the agenda item as presented) <br />1. Approve Cash Management Services Contract Award to the lowest responsive bidder, <br />First Charter; and, authorize the County Manager to execute the contract on behalf of <br />Cabarrus County. 2. Approve the Corporate Resolution for banking services from First <br />Charter, subject to attorney review. <br /> <br />Attachments ~ Yes D No Expected Length of Presentation 5 min <br />Submitted By: Pamela S. Dubois, Deputy County Manager Date: 4/10/06 <br /> <br />Budget Amendment Required: D Yes ~ No <br />Budget Amendment Attached and Reviewed by Budget Officer: D Yes ~ No <br />County Manager's Recommendations/Comments: <br /> <br />Award of contract to the lowest responsive bidder, First Charter, is recommended. <br /> <br />Manager's Signature <br /> <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />G-~ <br />