PASSED

This enacted bill authorizes the Office of the City Treasurer to enter into an agreement with Wachovia Bank, N.A. for payroll banking services for the City. The agreement must include terms and conditions intended to protect the City's interests, and the related exhibit must be available for public inspection.

Authorizing the Office of the City Treasurer, on behalf of the City, to enter into an agreement with Wachovia Bank, N.A. for provision of payroll banking services to the City, under certain terms and conditions.