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HomeMy WebLinkAbout740513.tiff RESOLUTION RE: AGREEMENT BETWEEN WELD COUNTY AND THE GREELEY NATIONAL BANK. WHEREAS, it has been determined that the method of recording and related work in the office of the Weld County Clerk and Recorder is not economical and should be changed, and WHEREAS, The Greeley National Bank is engaged in the commercial activity of computer data processing, and has submitted an agreement to perform services for Weld County in the form of processing the recorder's documents at a substantial savings to Weld County, and WHEREAS, the Board of County Commissioners, Weld County, Colorado, believes it to be in the best interest of the County to enter into such an agreement on the basis recited therein. NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners, Weld County, Colorado, that the agreement submitted by the Greeley National Bank to perform services for the County Clerk and Recorder's office in the form of processing the recorder's documents and related work in connection therewith, copy of which is attached hereto, marked Exhibit A, and made a part hereof by reference, be, and it hereby is approved. BE IT FURTHER RESOLVED that the Board be, and it hereby is, authorized to execute the agreement as submitted and to make the same effective forthwith. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 1st day of May, A. D. , 1974. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO t . ATTEST: Weld County Clerk & Recorder and Clerk to the Board By Deputy County Clerk( APPROVED AS TO FORM: --" County Attorney Drc'eril 740513 AGREEMENT THIS AGREEMENT, Made and entered into this 1st day of May , 197 4 , by and between THE GREELEY NATIONAL BANK OF GREELEY, COLORADO, hereinafter referred to as GNB, and THE COUNTY OF WELD OF THE STATE OF COLORADO, a political subdivision, hereinafter referred to as Weld, WITNESSETH, THAT: WHEREAS, GNB is engaged in the commercial activity of computer data processing and proposes to perform for Weld in the form of processing the Recorder's Documents, all as is more specifically set forth on Exhibit A, attached hereto and by reference made a part hereof, and, WHEREAS, Weld desires to employ the services of GNB for such purposes, NOW, THEREFORE, in consideration of the mutual promises and covenants of the parties as are hereinafter contained and for the further considerations hereinafter stated, it is understood and agreed as follows: 1. GNB hereby agrees to perform the services as are set forth in detail on Exhibit A, attached hereto and by reference made a part hereof, and for the costs therein specified, for a period of one year, commencing May 1, 1974. 2. Weld employs GNB for the services to be performed as set forth on Exhibit A and Weld agrees to pay GNB the costs as are therein specified. 3. It is mutually understood and agreed that this Agree- ment shall automatically renew itself from year to year, subject, how- ever, to the condition that such automatic renewal be rendered non- effective by either party giving to the other written notice of its intention not to renew the Agreement for an additional year at least ninety (90) days before the anniversary date of this Agreement. In the event GNB should determine that any renewal of this Agreement shall be subject to a modification in costs charged by GNB for services rendered it shall be obliged to furnish such notice at least ninety (90) days before the anniversary date of this Agreement, and if such charges are not accepted by Weld, the latter may thereafter advise GNB in writing of its intention not to renew this Agreement, even if such notice is received by GNB less than ninety (90) days before the anniversary date of this Agreement. IN WITNESS WHEREOF, the parties hereto have here- unto subscribed their hands on the day and year first above written. GREELEY NATIONAL BANK ATTEST : 72_ / (�= C --- BY COUNTY OF WELD STATE OF COLORADO ATTEST: BY Clerk & Recorder, Weld County Aff , vC 1 II W d o ty Emmissioners APPROVF.l3 AS T0.EORM : ilts y t %L SS ttorney for Weld County, ColYrado Page 1 of 3 EXHIBIT A COUNTY OF WELD RECORDER'S SPECIFICATIONS OPTION A THE GREELEY NATIONAL BANK AGREES TO PERFORM THE FOLLOWING SERVICES: 1. Keypunch and verify all cards used as input to the recorder's system. 2. Print the following starting May 1, 1974: (a) General records reception book daily. (b) Grantor-grantee lists daily. (c) Financing statement reception book daily. (d) Debtor index daily. (e) Three-up labels daily. (f) Grantor-grantee lists and debtor index weekly. (g) All five reports (a thru d) monthly. (h) Grantor-grantee lists and debtor index quarterly. (i) Grantor-grantee lists and debtor index annually. 3. Print the following starting August 1, 1974: (a) Two additional indices monthly. 4. Provide heavy binders (16 per year). 5. Provide transportation daily. WELD AGREES TO: 1. Provide the input forms to enter data. 2. Purchase system from Boulder County. Page 2 of 3 EXHIBIT A OPTION B THE GREELEY NATIONAL BANK AGREES TO PERFORM THE FOLLOWING SERVICES: 1. Print the following starting May 1, 1974: (a) General records reception book daily. (b) Grantor-grantee lists daily. (c) Financing statement reception book daily. (d) Debtor index daily. (e) Three-up labels daily. (f) Grantor-grantee lists and debtor index weekly. (g) All five reports (a thru d) monthly. (h) Grantor-grantee lists and debtor index quarterly. (i) Grantor-grantee and debtor index annually. 2. Print the following starting August 1, 1974: (a) Two additional indices monthly. 3. Provide heavy binders (16 per year). 4. Provide transportation daily. WELD AGREES TO: 1. Provide the input forms to enter data. 2. Keypunch and verify all cards used as input to the recorder's system. 3. Purchase system from Boulder County. Page 3 of 3 EXHIBIT A There will be a one time charge of $500. 00 for the systems and programming work for modifications. The cost of services to be paid by Weld to GNB monthly as invoiced. 1. COST OF OPTION A. (a) Keypunching per document $. 32 (b) Processing per document . 30 (c) Additional lists per document . 045 (d) Binders per document . 002 2. COST OF OPTION B. (a) Processing per document $. 30 (b) Additional lists per document . 045 (c) Binder per document . 002 JFATE OF COLORADO f s5. COUNTY OF WELD Filed with the Clerk of the Board of County Commissior^rs MAY 8 1974 COUNTY CLERK AND RECORDER By Deputy j -, Page 3 of 3 EXHIBIT A COST OF SERVICES TO BE PAID BY WELD TO GNB MONTHLY AS INVOICED. 1. COST OF OPTION A. (a) Systems and programming charges for modifications $500. 00 (b) Keypunching per document . 32 (c) Processing per document . 30 (d) Additional lists per document . 045 (e) Binders per document . 002 2. COST OF OPTION B. (a) Systems and programming charges for modifications $500. 00 (b) Processing per document . 30 (c) Additional lists per document . 045 (d) Binder per document . 002 Hello