Transmitting a bill authorizing 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, accompanied by an explanatory letter from the City Treasurer.

AI summary

This communication transmits a proposed bill that would authorize the City Treasurer to enter into an agreement with Wells Fargo Bank, N.A., to provide payroll banking services to the City under specified terms. The item was placed on file and does not itself authorize or enact the agreement.