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Board of County Commissioners Meeting Minutes-Final October 18,2016 <br /> Fargo Bank and awarding the lockbox services contract to Regions Bank, with each <br /> contract to have an initial term of three years and an option to renew for two <br /> additional terms of two years each. Upon Board approval of the recommendations, <br /> we will work with the County Attorney's Office and bring back the contracts for <br /> approval by the Board at a later date. <br /> Commissioner O'Bryan pulled this item to voice his concerns over the <br /> recommended banking services contract with Wells Fargo Bank, due to the recent <br /> scandal. He recommended awarding the banking services contract to TD Bank, <br /> which was ranked second by the selection committee. <br /> Clerk of the Circuit Court and Comptroller Jeffrey Smith spoke about the Request <br /> for Proposal (RFP)process for banking contracts;pointed out that the scandal was <br /> within the retail section, not the governmental and institutional banking division; <br /> and responded to the Board's questions. <br /> Wells Fargo Representatives Paul Vincent,Todd Morley, and Jackie Kobialko <br /> addressed the Board regarding the bank's scandal,rectifying behaviors, and <br /> rebuilding trust with the community. <br /> A motion was made by Commissioner O'Bryan, seconded by Commissioner Zorc,to <br /> accept staff's recommendation of Regions Bank for lockbox services,with an initial <br /> term of three years and an option to renew for two additional terms of two years <br /> each. The motion carried by the following vote: <br /> Aye: 5- Chairman Solari, Vice Chairman Flescher, Commissioner Davis, Commissioner <br /> O'Bryan, and Commissioner Zorc <br /> A motion was made by Commissioner O'Bryan, seconded by Commissioner Davis, <br /> awarding the banking services contract to TD Bank,with an initial term of three years <br /> and an option to renew for two additional terms of two years each. The motion <br /> carried by the following vote: <br /> Aye: 5- Chairman Solari, Vice Chairman Flescher, Commissioner Davis, Commissioner <br /> O'Bryan, and Commissioner Zorc <br /> C. 16-882 First Amendment to Indian River County Public Works Department <br /> Professional Surveying & Mapping Services Master Agreement for Annual <br /> Professional Surveying & Mapping Services - IRC Project No. 1605 with <br /> Morgan & Eklund, Inc. <br /> Recommended Action: The County Attorney's Office recommends ratifying the First Amendment to the <br /> Indian River County Public Works Department Professional Surveying and <br /> Mapping Services Master Agreement and authorize the Chairman to execute the <br /> same. <br /> Approved staffs recommendation. <br /> D. 16-883 Escheated Property Located Within the Municipal Boundaries of the City of <br /> Fellsmere <br /> Indian River County Florida Page 4 <br />