Loading...
Ordinance No. 5,992910912 -10 ORDINANCE NO. 5992 AN ORDINANCE RENEWING THE CONTRACT OF BRINK'S INC. OF TEXAS FOR THE ANNUAL CARRIER SERVICE OF BANK DEPOSITS CONTRACT AND AUTHORIZING PAYMENT BY THE CITY OF BAYTOWN OF THE SUM OF FIVE THOUSAND THREE HUNDRED NINETY -TWO AND 80/100 ($5,392.80) DOLLARS. WHEREAS, Brink's Inc. of Texas was awarded the annual carrier service of bank deposits contract on October 24, 1989, pursuant to competitive bidding procedures, which contract included an option by the parties to renew for two (2) additional one (1) year periods; and WHEREAS, Brink's Inc. of Texas has indicated its willingness to renew the contract for an additional year with a five percent (5%) increase in the monthly fee; and WHEREAS, the Administration has reviewed the market conditions and recommends renewal as being in the best interest of the City; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown hereby renews the contract of Brink's Inc. of Texas for the annual carrier service of bank deposits contract for the sum of FIVE THOUSAND THREE HUNDRED NINETY -TWO AND 80/100 ($5,392.80) DOLLARS, and authorizes payment thereof. Section 2: 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 12th day of September, 1991. ,4LZ�� MART DELGADO, yor Pro Tempore ATTEST: EILEEN P. LL, City Clerk eftffACIO RAMIREZ, SR.,Lrity Attorney C:1:72:16