To authorize the City Treasurer to modify its contract for banking services with JP Morgan Chase Bank to add additional funding; to authorize the expenditure of $6,797,500.00 from various funds within the City; and to declare an emergency. ($6,797,500.00)

This ordinance authorizes the City Treasurer to modify the existing contract with JP Morgan Chase Bank for banking services. The modification will allow for the addition of $6,797,500.00 in funding. This expenditure will be drawn from various city funds. The ordinance also declares an emergency, expediting the process. The specific breakdown of funds allocated from different city accounts is detailed in the attached spreadsheet, covering categories such as Banking & Investment across multiple departments and funds.