City Council

9B. City Treasurer — Approve First Amendment to Contract Services Agreement with\nBank of America. Expenditure: $273,000 (General Fund).\nRecommendation of the City Treasurer that City Council approve a first amendment to the\ncontract services agreement with Bank of America, N.A., with its principal offices in\nCharlotte, NC (C2019-033) in the amount of $273,000 for a new not-to-exceed amount of\n$1,638,000 to provide banking and merchant services and to extend the agreement term\nfor an additional one-year period beginning July 1, 2024 and ending June 30, 2025.