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(1b <br /> JEFFREY R. SMITH CPA CGFO CGMA & °Mpr.0` <br /> Clerk of Circuit Court&Comptroller �0°� " c'` (,� <br /> P.O.Box 1028 "" <br /> Vero Beach,FL 32961-1028 o � o <br /> Telephone:(772)770-5185 "R ^�ouNj�F <br /> TO: Board of County Commissioners <br /> FROM: Elissa Nagy, Finance Director <br /> THROUGH: Jeffrey R. Smith, Clerk of Circuit Court and Comptroller <br /> DATE: November 1, 2019 <br /> SUBJECT: TD Bank Banking Services Agreement Renewal <br /> On October 18, 2016, the Board awarded the banking services for the Board of County <br /> Commissioners to TD Bank and entered into an agreement with TD Bank on November 15, <br /> 2016. That agreement covered the time frame January 1, 2017 through December 31, 2019 and <br /> included the option for two additional two-year renewal terms. Staff is satisfied with TD Bank's <br /> services and requests to exercise the first of the two-year renewal options to extend the <br /> agreement through December 31, 2021. <br /> Recommendation: <br /> Staff recommends the Board to approve the attached documents and authorize the Chairman to <br /> execute them. <br /> 14 <br />