City of Columbus - File #: 0285-2009

• File #: 0285-2009
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 2/18/2009
• In control: Judiciary And Court Administration Committee
• On agenda: 4/6/2009
• Final action: 4/7/2009
• 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 $90,000.00 from the Clerk's general fund; and to declare an emergency. ($90,000.00)

Date	Ver.	Action By	Action	Result
4/7/2009	1	MAYOR	Signed
4/7/2009	1	CITY CLERK	Attest
4/6/2009	1	Columbus City Council	Approved
4/6/2009	1	COUNCIL PRESIDENT	Signed
3/27/2009	1	MuniCrtClerk Drafter	Sent for Approval
3/27/2009	1	Auditor Reviewer	Reviewed and Approved
3/27/2009	1	CITY AUDITOR	Reviewed and Approved
3/27/2009	1	MuniCrtClerk Drafter	Sent for Approval
3/27/2009	1	CITY ATTORNEY	Reviewed and Approved
3/27/2009	1	MuniCrtClerk Drafter	Sent to Clerk's Office for Council
3/26/2009	1	ODI DIRECTOR	Reviewed and Approved
3/25/2009	1	MuniCrtClerk Drafter	Sent for Approval
3/25/2009	1	EBOCO Reviewer	Sent for Approval
3/24/2009	1	Finance Reviewer	Reviewed and Approved
3/24/2009	1	Finance Reviewer	Reviewed and Approved
3/24/2009	1	FINANCE DIRECTOR	Reviewed and Approved
3/20/2009	1	MUNICRTCLERK DIRECTOR	Reviewed and Approved
3/20/2009	1	MuniCrtClerk Drafter	Sent for Approval
3/19/2009	1	MuniCrtClerk Drafter	Sent for Approval

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.

Contract Modification:
1. The amount of additional funds to be expended under this modification is $90,000.00.
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 recent 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:
2006 - Original Contract # EL006711- $40,000.00 - Ordinance 2167-2006
2007 - First Contract Modification # EL006711 - No Additional Funds Required.
2008 - Second Contract Modification # EL008390 - $80,000.00
2008 - Third Contract Modification # EL009021 - $41,517.00
2009 - Fourth Modification - $90,000.00

Contract Compliance Number: 31-0966785
Expiration Date: 09/21/2009

Fiscal Impact: Sufficient funds are available within the Clerk's 2009 general fund budget.

Emergency: To maintain uninterrupted bank services for the Franklin County Municipal Court Clerk's office.

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 authoriz...