Department of Finance city of chicago MEMORANDUM
RECEIVED CITY COUNCIL DIVISION)
20I3OEC 16 PM 12*20
OFFICE OF THE CITY CLERK
To: City Council of the City of Chicago
From: Erin Keane, Acting City Comptroller 6^
Date: December 13, 2013
RE: 2014 Municipal Depository Compliance
As required by Section 2-32-400 of the Municipal Code, my office advertised in the Chicago Tribune and the Chicago Sun-Times inviting financial institutions not previously designated, to apply for status as municipal depositories for the City and for the Board of Education for the year 2014.
MB Financial Bank is the only bank that submitted a bid. The bid is available for review upon request.
The current designated municipal depositories are those that were approved by City Council on May 12, 2010.
This memorandum serves as notice per Section 2-32-400 of the Municipal Code.
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