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BillLAPSED

Bill 060575

Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in U.S. Bank, under certain terms and conditions.

Introduced Jun 15, 2006Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Blackwell

Status timeline

  1. Jun 15, 2006
    Referred · CITY COUNCIL
  2. Jun 15, 2006
    Introduced · CITY COUNCIL

    Recorded result: Pass

    A motion was made by Councilmember Blackwell that this matter be Introduced. The motion carried unanimously.

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

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..Title Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in U.S. Bank, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Section 19-201 of The Philadelphia Code is hereby amended to read as follows: §19-201. City Depositories. (1) Pursuant to the provisions of Section 6-300 of the Charter, the City Treasurer is authorized to deposit City funds in the following banks or institutions: * * * ( ) U.S. Bank * * * _____________________________________ Explanation: Italics indicate new matter added. ..End