READ AND PASSED

This enacted bill authorizes the City Treasurer to amend the City’s agreement with Wells Fargo Bank, N.A. so the bank can continue providing payroll banking services to the City. The amendment includes terms to protect the City’s interests, and Wells Fargo’s updated fair lending plan is attached to the agreement.

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.