City of Columbus - File #: 1095-2009

• File #: 1095-2009
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 8/7/2009
• In control: Judiciary And Court Administration Committee
• On agenda: 10/5/2009
• Final action: 10/8/2009
• Title: To authorize and direct the Franklin County Municipal Court Clerk to modify and increase the contract with Huntington National Bank for the provision of bank and credit card services; to authorize an expenditure of $56,000.00 from the General Fund; and to declare an emergency. ($56,000.00)

Date	Ver.	Action By	Action	Result
10/8/2009	1	CITY CLERK	Attest
10/6/2009	1	MAYOR	Signed
10/5/2009	1	Columbus City Council	Approved	Pass
10/5/2009	1	COUNCIL PRESIDENT	Signed
9/22/2009	1	CITY ATTORNEY	Reviewed and Approved
9/22/2009	1	MuniCrtClerk Drafter	Sent to Clerk's Office for Council
9/21/2009	1	Auditor Reviewer	Reviewed and Approved
9/21/2009	1	CITY AUDITOR	Reviewed and Approved
9/21/2009	1	MuniCrtClerk Drafter	Sent for Approval
9/18/2009	1	MuniCrtClerk Drafter	Sent for Approval
9/18/2009	1	EBOCO Reviewer	Sent for Approval
9/18/2009	1	ODI DIRECTOR	Reviewed and Approved
9/18/2009	1	MuniCrtClerk Drafter	Sent for Approval
9/17/2009	1	MuniCrtClerk Drafter	Sent for Approval
9/17/2009	1	MUNICRTCLERK DIRECTOR	Reviewed and Approved
9/17/2009	1	MuniCrtClerk Drafter	Sent for Approval
9/17/2009	1	Finance Reviewer	Reviewed and Approved
9/17/2009	1	Finance Reviewer	Reviewed and Approved
9/17/2009	1	FINANCE DIRECTOR	Reviewed and Approved

Explanation

Background: This ordinance authorizes the Franklin County Municipal Court Clerk to modify and increase the amount of the third year of a three year contract with Huntington National Bank for the provision of bank and credit card services, for the Clerk's office.

Ordinance 2167-2006 approved by Council on December 11, 2006 authorized the first year of a three year contract with Huntington National Bank for the provisions of bank and credit card services.
Contract Modification:
1. The amount of additional funds to be expended under this modification is $56,000.00.
2. As per agreement with Huntington National Bank the Clerk's office receives earnings credits on funds deposited with the Huntington National Bank, which are used to offset the bank service charges. These credits are based on the current federal fund rate (interest) set by the Federal Reserve. The decline in this rate caused a decrease in these earnings credit, causing a commensurate increase in the Court Clerk's banking service costs. As a result additional funds are needed to pay for the bank and credit card costs for the remaining term of the contract, ending December 31, 2009.
3. It is in the city's best interest to modify and increase the amount of the current contract with Huntington National Bank to maintain uninterrupted bank services for the Clerk's office.

Contracts:
Original Contract # EL006711- $40,000.00; Ordinance 2167-2006
First Contract Modification # EL006711; No Additional Funds Required; Ordinance 1519 -2007
Second Contract Modification # EL008390 - $80,000.00; Ordinance 1007 - 2008
Third Contract Modification # EL009021 - $41,517.00; Ordinance 1685-2008
Fourth Modification #EL009233 - $90,000.00; Ordinance 0285 - 2009
Fifth Modification - $56,000.00

Contract Compliance Number: 31-0966785
Expiration Date: 09/15/2011

This company is not debarred according to the excluded party listing system of the Federal Government or prohibited from bei...