Authorizing the City Treasurer, on behalf of the City, to enter into an amendment agreement with Citizens Bank National Association for provision of payroll banking services to the City, under certain terms and conditions. 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 Citizens Bank National Association (“Citizens Bank”), substantially in the form set forth in Exhibit A, pursuant to which Citizens Bank 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 she 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, Citizen Bank’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. EXHIBIT A AMENDMENT AGREEMENT EXHIBIT B FAIR LENDING PLAN
MAYOR
This Bill was SIGNED.
CITY COUNCIL
A motion was made that this Bill be READ AND PASSED. The motion carried by the following vote:
CITY COUNCIL
This Bill was SUSPEND THE RULES OF THE COUNCIL.
CITY COUNCIL
This Bill was ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR.
CITY COUNCIL
This Bill was READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR.
CITY COUNCIL
This Bill was Introduced and Referred.to the Committee on Finance