READ AND PASSED

This enacted bill authorizes the City Treasurer to amend the City’s agreement with Wells Fargo Bank, N.A. so Wells Fargo can continue providing payroll banking services to the City under specified terms. The agreement includes Wells Fargo’s updated fair lending plan, and the related exhibits must be available for public inspection.

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.