MEMORANDUM
TO: Gary Superman, Assembly President
Members, Kenai Peninsula Borough Assembly
THRU: Dale Bagley, Mayor
FROM: Scott Holt, Finance Director
DATE: April 21, 20205
SUBJECT: Resolution 2005-039, authorizing extension of contract for banking services
In Resolution 2002-032 the assembly approved awarding a contract for banking services to First National Bank of Alaska. The contract is a three-year contract, ending May 31, 2005, and provides for two additional one-year extensions upon approval by both parties. This resolution would authorize the mayor to execute a one-year extension, until May 31, 2006, of the contract for banking services with First National Bank of Alaska.