Title
Authorizing the City Treasurer, on behalf of the City, to enter into a provider agreement with Citizens Bank National Association 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 a provider agreement (the “Provider Agreement”) with Citizens Bank National Association (“Citizens Bank”), substantially in the form set forth in Exhibit I, pursuant to which Citizens Bank shall to provide payroll banking services to the City, under certain terms and conditions.
SECTION 2. The City Solicitor shall include in said Provider 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)(.2) of the Philadelphia Code, Citizen Bank’s updated fair lending plan is attached to this Ordinance as Exhibit II