The Board of Supervisors, by ordinance, upon the recommendation of the Mayor, the Treasurer and the Controller, may designate any bank, qualified to be a depositary, to be the clearinghouse representative of the City and County; and, the City and County may pay a reasonable fee for the service thereof. The necessary procedure shall be provided by ordinance.
(Added by Ord. 439-96, App. 11/8/96)
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