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File #: 170329    Version: Name:
Type: Bill Status: ENACTED
File created: 4/6/2017 In control: Committee on Finance
On agenda: Final action: 5/11/2017
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 Blackwell, Councilmember Bass
Indexes: AGREEMENTS, PAYROLL DEDUCTIONS
Attachments: 1. 170329 - Exhibit Set, As Amended.pdf, 2. CertifiedCopy17032901.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
5/17/20171 MAYOR SIGNED   Action details Not available
5/11/20171 CITY COUNCIL READ AND PASSEDPass17:0 Action details Not available
5/4/20171 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
5/4/20171 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
5/4/20171 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
5/1/20170 Committee on Finance HEARING NOTICES SENT   Action details Not available
5/1/20170 Committee on Finance HEARING NOTICES SENT   Action details Not available
5/1/20170 Committee on Finance HEARING HELD   Action details Not available
5/1/20170 Committee on Finance HEARING HELD   Action details Not available
5/1/20170 Committee on Finance AMENDED   Action details Not available
5/1/20170 Committee on Finance AMENDED   Action details Not available
5/1/20171 Committee on Finance REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
4/6/20170 CITY COUNCIL Introduced and ReferredPass  Action details Not available
4/6/20170 CITY COUNCIL Introduced and ReferredPass  Action 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 he 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