City of Newark - File #: 08-464

• File #: 08-464
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 11/24/2008
• In control: Finance
• On agenda: 12/3/2008
• Final action: 12/17/2008
• Title: Dept/ Agency: Department of Finance RATIFYING / AUTHORIZING Type of Service: Banks designated as depositories Purpose: Cash Management Plan Depositories: J.P. Morgan Chase Commerce Bank/TD North Crown Bank Wachovia Bank/Wells Fargo City National Bank Garden State Community Bank (formerly Penn Federal Savings) PNC Bank Bank of America Sovereign Bank Citibank Banco Popular First Bank Americano MBCP Bank Valley National Bank N.J. Cash Management Fund Period: January 8, 2008 through March 31, 2009 Additional Comments: N/A Deferred 7R5-a120308 w/ Invite Invitation: Acting Business Administrator & Acting Finance Director, December 16, 2008

Date	Ver.	Action By	Action	Result
12/17/2008	1	Municipal Council	Adopt	Pass
12/3/2008	1	Municipal Council	Defer	Pass

Title

Dept/ Agency: Department of Finance

RATIFYING / AUTHORIZING

Type of Service:  Banks designated as depositories

Purpose: Cash Management Plan

Depositories:

J.P. Morgan Chase

Commerce Bank/TD North

Crown Bank

Wachovia Bank/Wells Fargo

City National Bank

Garden State Community Bank (formerly Penn Federal Savings)

PNC Bank

Bank of America

Sovereign Bank

Citibank

Banco Popular

First Bank Americano

MBCP Bank

Valley National Bank

N.J. Cash Management Fund

Period:  January 8, 2008 through March 31, 2009

Additional Comments: N/A

Deferred 7R5-a120308 w/ Invite

Invitation: Acting Business Administrator & Acting Finance Director, December 16, 2008