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File #: 150509    Version: Name:
Type: Bill Status: ENACTED
File created: 5/21/2015 In control: Committee on Finance
On agenda: Final action: 6/18/2015
Title: Authorizing the City Treasurer, on behalf of the City, to enter into an amendment agreement with Wells Fargo Bank, N.A. for provision of payroll banking services to the City, under certain terms and conditions.
Sponsors: Councilmember Tasco
Indexes: CITY DEPOSITORIES
Attachments: 1. 150509 - Exhibit Set, As amended.pdf, 2. CertifiedCopy15050901.pdf
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
6/18/20151 CITY COUNCIL READ AND PASSEDPass14:1 Action details Meeting details Not available
6/18/20151 MAYOR SIGNED   Action details Meeting details Not available
6/11/20151 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Meeting details Not available
6/11/20151 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Meeting details Not available
6/11/20151 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Meeting details Not available
6/10/20150 Committee on Finance HEARING NOTICES SENT   Action details Meeting details Not available
6/10/20150 Committee on Finance HEARING HELD   Action details Meeting details Not available
6/10/20150 Committee on Finance AMENDED   Action details Meeting details Not available
6/10/20151 Committee on Finance REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Meeting details Not available
5/21/20150 CITY COUNCIL Introduced and ReferredPass  Action details Meeting details Not available
Title
Authorizing the City Treasurer, on behalf of the City, to enter into an amendment 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 amendment agreement (the “Amendment Agreement”) with Wells Fargo Bank, N.A. (“Wells Fargo”), substantially in the form set forth in Exhibit A,  pursuant to which Wells Fargo shall continue to provide payroll banking services to the City, under certain terms and conditions.
SECTION 2.      The City Solicitor shall include in said Amendment 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)(ii) of The Philadelphia Code, Wells Fargo's updated 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.
 
End
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