Title
Draft Resolution - Approval to Extend the SafePoint Agreement Contract - F Wolff
Other Info
Submitted By: Robyn Miller on behalf of Freddy Wolff
Department: Financial Services
Financial Impact and Cost/Benefit Considerations: Expenditure of cooperative funds as included in operating budget; no staff time is anticipated other than ordinary processing requirements.
Discussion:
SafePoint has proven a reliable armored courier and smart safe service, currently servicing PEC office locations at Bertram, Canyon Lake, Cedar Park, Dripping Springs, Johnson City, Junction, Kyle, Liberty Hill, Marble Falls and Oak Hill. Financial Services seeks Board approval for an extended three-year term.
Body
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Cooperative authorize the Chief Executive Officer, or designee, to negotiate and enter into an extended agreement for the service contract term of up to three (3) years to become effective as early as July 1, 2017; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designee, is authorized to take all such actions needed to implement this resolution.