Broward County Commission Regular Meeting


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AI-27819 50.       
Meeting Date: 10/23/2018  
Director's Name: Steve Geller
Department: County Commission  

Information
Requested Action
MOTION TO DISCUSS policy of Wells Fargo Bank, N.A. ("Wells Fargo"), regarding political candidates who advocate for expanded patient access to medical marijuana and possible campaign contributions from lobbyists for the medical marijuana industry. (Commissioner Geller)

ACTION:  (T-11:06 AM)  The Board discussed Wells Fargo's response related to their policy.  (Refer to minutes for full discussion.)  (See Yellow-Sheeted Additional Material, dated October 23, 2018, submitted at the request of Commissioner Geller.)
 
Why Action is Necessary
Required to permit Board discussion.
What Action Accomplishes
If Wells Fargo appears in person or has filed a written response, allows for discussion among Wells Fargo and Board members related to Wells Fargo's business relationships with political candidate clients.
Is this Action Goal Related
Previous Action Taken
Summary Explanation/Background
On October 9, 2018, Agenda Item Number 50, the Board discussed Wells Fargo's actions regarding Florida Agriculture Commissioner candidate and Wells Fargo client Nikki Fried, based on her advocacy for expanded patient access to medical marijuana and the possibility that she may receive campaign contributions from lobbyists for the medical marijuana industry. The agenda item indicated that Wells Fargo should submit information to the County by October 23, 2018, regarding the policy basis for its actions relative to Ms. Fried or should indicate what corrective action has been taken to address the issue. 
 
This agenda item provides an opportunity for representatives of Wells Fargo to appear before the Board to address the issue or, if a written response is received by October 23, 2018, allows for the Board to discuss the response. If representatives of Wells Fargo fail to appear or to provide a response by October 23, as stated in the agenda item of October 9, 2018, an item will be placed on an upcoming County Commission agenda seeking that action be taken to address Wells Fargo's actions.
Source of Additional Information

Fiscal Impact
Fiscal Impact/Cost Summary:
No fiscal impact.
Attachments
Additional Material - Information


    

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