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Board approves RFP for district depository bank services
Summary
Trustees voted unanimously to issue a request for proposals for the district's depository bank services and authorized staff to proceed with the solicitation process.
The board approved a motion to issue an RFP for depository bank services and authorized staff to solicit proposals from qualified banks. Cole Clark made the motion and Whitney Waller seconded it; trustees voted unanimously (5-0) to proceed.
The action initiates a procurement process to evaluate banking partners and services for the district. Specific timeline, evaluation criteria and award authority were not recorded in the minutes; staff are expected to return to the board with recommendation(s) following solicitation and review of proposals.
Issuing an RFP does not constitute final award authority — it authorizes the district to seek competitive proposals and evaluate options before selecting a provider and bringing any recommended contract back to the trustees for approval.
