Reso 2014-2242 - Laserfiche WebLink

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CITY OF SUNNY ISLES BEACH AGREEMENT WITH TD BANK FOR BANKING SERVICES CONTRACT NO. X314• o66 THIS CONTRACTUAL AGREEMENT (hereinafter referred to as the "Agreement ") is made in duplicate, this /`�� day of (,� 2014, by and between the CITY OF SUNNY ISLES BEACH, Florida, (hWeinaftler referred to as "City "), and TD BANK, N.A. a corporation authorized to do business in the State of Florida (hereinafter referred to as "Bank ") whose Federal I.D. # is 01-01-3-7-770 RECITALS WHEREAS, the City issued Request for Proposals No. 14 -04 -02 ( "RFP ") for banking services to handle operating cash including, but not limited to, deposits, check payments, payroll checks. ACH processing and wire transfers ( "Services "); and WHEREAS, the Bank responded to the RFP by submitting a proposal and "Supplemental Certification" in response thereto (together, the "Proposal "), including but not limited to the Bank's Cash Management Master Agreement ( "CMMA ") and associated service appendices, (together. the " Bank Forms of Agreement "); and WHEREAS, the Bank was selected by the City as the lowest responsible and responsive bidder in response to the RFP; and WHEREAS, the Bank shall provide the Services to the City as set forth and delineated in the RFP, the Bank's Proposal and the Bank Forms of Agreement copies of which are attached hereto as Exhibits and incorporated herein by reference. NOW THEREFORE, in consideration of the foregoing premises and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the City and Bank hereby covenant and agree as follows: 1. RECITALS. The Recitals set forth above are hereby incorporated into this Agreement and made a part hereof for reference. 2. SERVICES. The Services performed by Bank shall consist of the following: (a) Each of the specific requirements, terms and conditions set forth in the RFP (attached hereto as Exhibit C), which is hereby incorporated by reference in its entirety; (b) Each of the services, terms and conditions set forth in the Proposal (attached hereto as Exhibit B) as well as the Bank Forms of Agreement (attached hereto as Exhibit C) and hereby incorporated by reference in their entirety; and (c) Unless the context requires otherwise, all references to "this Agreement" and use of the terms "herein ", "hereby', "hereto ", "hereunder" and the like shall be deemed to include this Agreement, the Proposal, the Bank Forms of Agreement, the RFP and any other related documents (collectively, the "Contract Documents ") ; and (d) Any inconsistency between any of the Contract Documents shall be resolved in the following descending order of priority: