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minden-city-council-regular-session-agenda-august-4-2025_93e.pdf

Resolution to Restructure General Fund Account at B1 Bank

Housing Authority of the city of MindenB1 BANKAugust 4, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Minden City Council is asked to approve a resolution authorizing closure of its existing General Fund account at B1 Bank, creation of a new General Fund account at the same institution, and transfer of all existing funds to the new account with updated signatory authority. The action restructures the city’s primary banking relationship for security and control purposes.

Contract Details

Vendor

B1 BANK

Agency

Housing Authority of the city of Minden, LA

Contract Type

FINANCIAL_SERVICES

Document Date

August 4, 2025

Renewal Info

Action restructures existing depository relationship by closing one account and opening another at the same bank; no explicit term or renewal provisions are provided.

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