The Treasurer, with the assistance of the Mayor, Controller, Director of the Office of Administrative and Research Services, City Attorney and the Chief Legislative Analyst shall propose, subject to the approval of the Mayor and the City Council, rules and regulations not in conflict with this article to carry out the purposes of this article.
Such rules and regulations shall include, but not be limited to the following:
(a) Methods for encouraging banking institutions not seeking City banking business to participate voluntarily in the City’s disclosure and ranking system;
(b) Methods to ensure that the participation of smaller banking institutions in the City’s linked banking program is not hindered by unduly burdensome administrative requirements;
(c) The scope and structure of the system used to rank the performance of banking institutions in providing banking services to all members of the City’s communities;
(d) The form and content of the annual disclosure statement and of the oath required from banking institutions;
(e) Standards for the gathering, interpretation and dissemination of information obtained from banking institutions and other sources pursuant to this article;
(f) Guidelines for granting an exemption under Sec. 20.99;
(g) Methods to maintain open lines of communication between the City and the banking community.
SECTION HISTORY
Added by Ord. No. 167,683, Eff. 4-26-92.
Amended by: Ord. No. 173,348, Eff. 7-16-00, Oper. 7-1-00.