City of Redondo Beach City Council Agenda 2026-05-19
City Extends Banking Services Agreement With Bank of America
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Description
The City Council will approve a third amendment to its professional services agreement with Bank of America, N.A., extending banking services through May 31, 2027 with an additional one‑year renewal option. The amendment maintains the existing relationship for core financial services.
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 an option to renew for one additional year
Renewal Date
2027-05-31
Renewal Info
Third amendment extends the term to May 31, 2027 and includes an option for one additional year, potentially through May 31, 2028.
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Housing Authority of the city of Redondo Beach
Local Housing Authority
Redondo Beach, CA
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