The City of Edna will accept proposals for the custody of funds for the City of Edna, Texas for the ensuring three (3) year period. Any banking corporation, association or individual banker desiring to apply to be designated custodian of the funds, shall deliver a sealed proposal to the Office of the City Secretary at City Hall, 126 W. Main, Edna, Texas on or before April 22, 2021 at 2:00 p.m. at which time proposals will be opened and read aloud. Sealed proposals should be marked “Proposals for Depository.” Specifications and official forms may be obtained at City Hall, City Secretary’s Office, 126 W. Main, Edna, Texas 77957.
The City of Edna reserves the right to invest any of its funds in any bonds, securities or other investments in which the City is authorized by law to invest. This Depository Agreement may apply to bond proceeds.
The City of Edna reserves the right to reject any and all applications and to waive any and/all or all informalities.