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J.P. Morgan has identified below the terms or conditions that we respectfully request be <br />modified in accordance with our recommended revisions. We are willing to discuss <br />mutually agreeable modifications to the contract terms. The proposed changes are <br />indicated by additions in italic, underlined, tent and deletions by strikethrough, red text. <br />RFP, Number 11, P. 36 <br />3]��....:... R.,...:......... «..,...t .,1..,..1..,.1..re in . ,.AC].... that the p......, sal is made without <br />lasdy, the signef must Eleelafe in wfifing that it is in a4l Fespeets faif and in good faith <br />..:tl.....t ,.,.11....:.... of f......,1 and that the s:......« of the proposal has C.,il ....thE)Aty 1.' ,1 tE) <br />the prepesef. -`The signer of the RFP must declare in writing those matters certi ed in <br />Attachment 2." <br />RFP, Sec. I.A, p.1 last paragraph, first sentence. <br />The City intends to enter into a contract for a three (3) year term beginning from the <br />commencement of depository banking services with an option to renew for an additional <br />two one (1) year periods, upon mutual agreement of the City and the Bank. <br />RFP, Sec. I.C., p.1 -2 references to Housing Account. <br />In light of HUD requirements the City may wish to reconsider pooling of the Housing <br />Agency funds within the general account." <br />RFP, paragraph 1.e. Local Branch. P. 3 <br />"As a business practice the Proposer regularly reviews branch and ATM activity which <br />mau result in branch openings and closings ATM placement or removal or in the <br />change of branch bank or ATM functions. Therefore, branch bank and ATM locations <br />and functions may change from time to time." <br />RFP, Attachment 8, P. 33- 38 <br />Responses to the Request for Proposals will be accepted until October 14. 2016 at 5:00 <br />p.m. Oral presentation interviews / demonstrations are scheduled (as required) <br />for To Be Determined). Subsequently, negotiations are expected to be completed by <br />November 7, 2016. The City intends to award a three (3) year agreement (with two one <br />wear options to renew upon mutual consent of the Bank) to the bidder(s) selected as <br />Page 123 J.P. Morgan <br />