Bill 210682

..Title Authorizing the City Treasurer, on behalf of the City, to enter into an amendment to an agreement with Citizens Bank of Pennsylvania for provision of payroll banking services to the City, under certain terms and conditions. ..Body 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 to contract number 2220058 (the "Amendment Agreement") with Citizens Bank of Pennsylvania ("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)(.1) of the Philadelphia Code, Citizen Bank's updated fair lending plan was attached to Bill No. 210508-A. SECTION 4. The Chief Clerk shall keep on file Exhibit A and shall make it available for inspection by the public during regular office hours. EXHIBIT A AMENDMENT AGREEMENT Contract Number 2220058-01 City of Philadelphia Original Contract Number 2220058 City Treasurer's Office STANDARD AMENDMENT AGREEMENT THIS STANDARD AMENDMENT AGREEMENT ("Amendment Agreement") is made as of and effective the day of , 20 (the "Effective Date") by and between The City of Philadelphia (the "City"), by and through its City Treasurer's Office ("Department"), and Citizens Bank National Association ("Provider"). BACKGROUND The City and Provider entered into a certain Contract, Contract Number 2220058, dated , 20 , for an Initial Term from July 1, 2021 through December 31, 2021, which Contract includes the General Provisions, the Provider Agreement and any and all exhibits and attachments thereto (collectively, the "Base Contract"), wherein Provider agreed to render various Services to the City in accordance therewith; and The City and Provider have agreed to amend certain terms and conditions of the Base Contract, as set forth herein. In consideration of the mutual obligations set forth herein, and each intending to be legally bound, the City and Provider covenant and agree as of the Effective Date as follows: ARTICLE I: AMENDMENTS TO THE CONTRACT With the exception of the following amendments set forth in this Amendment Agreement, and subject to councilmanic appropriation of funds, the terms and conditions of the Base Contract shall be and remain in full force and effect: 1.1 Definitions. a. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Base Contract 1.2 Term. The Base Contract is amended to add an Additional Term, commencing January 1, 2022 and expiring on June 30, 2022. 1.3 Electronic Signatures. The Parties agree to conduct this transaction electronically, including the execution of this Amendment Agreement using the means of electronic signature provided below. IN WITNESS OF THEIR AGREEMENT TO THE PROVISIONS ABOVE, the Parties have caused this Amendment Agreement to be executed and delivered by their respective duly authorized officers as of the first date in the preamble of this Provider Agreement. APPROVED AS TO FORM THE CITY OF PHILADELPHIA DIANA P. CORTES, CITY SOLICITOR Through: City Treasurer's Office Per:\a-s\ By:\d-s\ Name:\a-n\ Name:\d-n\ Title:\a-t\ Title:\d-t\ CITIZENS BANK NATIONAL ASSOCIATION By:\s1\ Name:\s1-n\ Title:\s1-t\ ATTEST By:\s2\ Name:\s2-n\ Title:\s2-t\ ..End