Title
Authorizing the Office of the City Treasurer, on behalf of the City, to enter into an agreement with Wells Fargo Bank, N.A. for provision of payroll banking services to the City, under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. The Office of the City Treasurer, on behalf of the City, is hereby authorized to enter into an agreement (the Agreement) with Wells Fargo Bank, N.A. (Wells Fargo), substantially in the form set forth in Exhibit A, pursuant to which Wells Fargo shall provide payroll banking services to the City, under certain terms and conditions.
SECTION 2. The City Solicitor shall include in said Agreement such terms and conditions as she may deem necessary to protect the interests of the City.
SECTION 3. In accordance with Section 19-201(8)(c)(i) of the Philadelphia Code, Wells Fargo's Fair Lending Plan is attached to this Ordinance as Exhibit B.
SECTION 4. The Chief Clerk shall keep on file Exhibits A and B and shall make them available for inspection by the public during regular office hours.
[Note: Exhibits to this Bill are on file in the Office of the Chief Clerk.]
End
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