N.Y. General City Law § 3-d: Receipts and disbursements of payrolls

§ 3-d. Receipts and disbursements of payrolls. By resolution duly

adopted, the common council or other legislative body of the city, may

determine to enter into a contract to provide for the deposit of the

periodic payroll of the city in a bank or trust company for disbursal by

it in accordance with provisions of section ninety-six-b of the banking

law.