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Ordinance No. 12,604ORDINANCE NO. 12,604 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, AUTHORIZING THE EXTENSION OF THE DEPOSITORY SERVICES CONTRACT WITH JP MORGAN CHASE BANK FOR A TERM NOT TO EXCEED SIX MONTHS; AUTHORIZING THE CITY MANAGER TO TAKE APPROPRIATE ACTION TO IMPLEMENT THE EXTENSION; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ****************************************************** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby authorizing the extension of the Depository Services Contract with JP Morgan Chase Bank for a term not to exceed six months. Section 2: That the City Manager is hereby authorized to take appropriate action to implement the extension authorized in Section 1 hereof. Section 3: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this the 14th day of August, 2014. AMECDES RENTERIA III, Mayor Pro Tem ATTEST: LETICIA BRYSCH, City tferk ,+► • j c � S APPROVED AS TO FORM: !ACIORAMIREZ, �SR, i ttorney !1COBFSOI1LegahKarenWilesTity CouncihOrdinances\2014Wugust 14VPMorganChaseExtension.docx