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McAllen rescinds prior depository award, re‑awards contract to Lone Star National Bank
Summary
City management recommended rescinding a prior recommendation and awarding the depository services contract to Lone Star National Bank after an outside consultant failed to properly evaluate proposals; the commission approved the reaward and a commissioner abstained from part of the item.
The McAllen City Commission voted July 28 to rescind an earlier recommendation on the city’s depository services contract and to reaward the project to Lone Star National Bank, city staff said.
City staff told the commission that an outside consultant had analyzed proposals but did not consider certain city-standard practices in its evaluation. Based on further analysis, management recommended…
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