City Renews Authority For Banking Agreements
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Description
Lebanon City Council discussed an ordinance to authorize the City Manager to execute new or renewal agreements with financial institutions for deposit of the city’s active funds. The authorization, routinely approved every five years, enables ongoing banking and cash management services; specific institutions and amounts were not identified in the minutes.
Contract Details
Vendor
FINANCIAL INSTITUTIONS
Agency
City of Lebanon, OH
Contract Type
FINANCIAL_SERVICES
Document Date
November 5, 2025
Renewal Info
Council typically grants this banking agreement authority on a five-year cycle; the current authorization will cover the next five-year period once adopted.
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