Monterey Park
City Council
Agenda Item A
10.A. J.P. Morgan Chase Commercial Banking and Procurement Card Services\nIt is recommended that the City Council consider:\n1. Authorizing the City Manager to execute an agreement, in a form approved by the\nCity Attorney, with J.P. Morgan Chase for the City’s Commercial Banking and\nProcurement Card services. It is the City’s intent to establish an initial five (5) year\ncontract with J.P. Morgan Chase with an option to renew every (5) years thereafter;\nand\n2. Taking such additional, related, action that may be desirable.