Azusa

City Council

April 21, 2025 Order of Business E #13

Agenda Item 13

13. AGREEMENT WITH WELLS FARGO BANK TO CONTINUE BANKING\nSERVICES\nRECOMMENDED ACTION: 1) Waive Purchasing Procedure pursuant to Azusa\nMunicipal Code section 2-539 Waiving of Purchasing Procedure, and approve the attached\nthree-year Professional Services Agreement with Wells Fargo Bank, with the option of two\none-year extensions; and 2) Authorize the City Manager to enter into up to two one-year\ncontract extensions with Wells Fargo Bank as long as there is no overall fee per transaction\nincreases. Total Cost: N/A Is the cost of this item budgeted? N/A Fund/Account No: N/A\nE-13 Staff Report - Wells Fargo Banking Agreement