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Public Notice - Invitation for Sealed Bid Applications to be City Depository - 4/07/2011

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The City of Mount Vernon, Texas, invites applications for designation for one or more depository of such City for the period of October 1, 2011 through September 30, 2016. Applications for such designation and for custody of City funds as hereinafter set out, will be received until 4:30 p.m., April 29, 2011 by the City Secretary, Tina Rose, City of Mount Vernon, P. O. Box 597, 109 N. Kaufman Street, Mount Vernon, Texas 75457.  After consideration of applications the City shall select as municipal depositories one or more banks that offer the most favorable terms and conditions for the handling of the municipal funds.  The City Council will meet to consider the selection of depository on Tuesday, May 10, 2011 at 6:30 p.m. in the Council Chambers at 109 N. Kaufman Street, Mount Vernon, Texas.  This invitation for applications for City Depository is made pursuant to V.T.C.A., Local Government Code Sections 105.001-105.092, and subject to all the provisions thereof.  Additional application forms are available in the office of the City Secretary.

 

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