a)The Director of Regeneration & Communities write
to the National Westminster Bank confirming the Council’s
intention to terminate its banking arrangements by 1st April 2012
and requesting deferral of the proposed divestment.
b)The Head of Finance & Customer Services
commences a tendering exercise to select an appropriate alternative
banker that meets the Council’s specification.
c)Officers report back to me if the response from the
National Westminster Bank is not favourable to the course of action
outlined in the urgent report of the Head of Finance and Customer