City of Redondo Beach City Council Agenda Packet 2026-05-19
City Extends Banking Services Agreement with Bank of America
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Description
The City Council will approve the third amendment to its professional services agreement with Bank of America, N.A., extending the term through May 31, 2027 with a one-year renewal option. The Mayor will be authorized to execute the amended agreement on the City’s behalf.
Contract Details
Vendor
BANK OF AMERICA NA
Agency
Housing Authority of the city of Redondo Beach, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Through May 31, 2027, with option to renew for one additional year
Renewal Date
2027-05-31
Renewal Info
Third amendment extends term to May 31, 2027 and includes an option to renew for one additional year.
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EXTENDEDIssuing Agency
Housing Authority of the city of Redondo Beach
Local Housing Authority
Redondo Beach, CA
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