Bill 070018
Approving the reallocation of a portion of capital loan funds borrowed pursuant to Bill No. 040328-A (approved September 30, 2004), under certain terms and conditions.
Introduced by
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“…l hear Bill No. 060699. On , Bill Nos. 060832, 834, 939 and 961. On , we will hear Bill No. 060966, Bill No. 070018, Bill Nos. 070021, 070019. And, finally, 2/8/07 - STATED - 2ND READING on , the final bill that will be on Second Reading and Final Passage is Bill No. 060958. All other bills are being held.”
Councilwoman Blackwell · Stated Meeting, February 8, 2007 · Feb 8, 2007 · official transcript, this passage
“…s having voted in the affirmative, the bill passes. The next bill to be called for consideration is Bill No. 070018.”
Council President Verna · Stated Meeting, February 8, 2007 · Feb 8, 2007 · official transcript, this passage
“…ng project amounts in certain departments and increasing project amounts in other departments"; and Bill No. 070018, entitled "An ordinance approving the reallocation of a portion of capital loan funds borrowed pursuant to Bill No. 040328-A, approved September 30, 2004"; and 070021, entitled "An ordinance authorizing the creation of a loan or loans to provide funds for and toward various capital municipal purposes," …”
Chief Clerk · Stated Meeting, February 1, 2007 · Feb 1, 2007 · official transcript, this passage
“And Bill No. 070018, an ordinance approving the reallocation of a portion of capital loan funds borrowed pursuant to Bill No. 040328-A, under certain terms and conditions.”
Chief Clerk · Stated Meeting, February 1, 2007 · Feb 1, 2007 · official transcript, this passage
Status timeline
- Jan 23, 2007Referred · CITY COUNCIL
- Jan 23, 2007Introduced · CITY COUNCIL
Recorded result: Pass
A motion was made by Councilmember Clarke that this matter be Introduced. The motion carried unanimously.
- Jan 31, 2007HEARING NOTICES SENT · Committee on Finance
- Jan 31, 2007REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
- Jan 31, 2007HEARING HELD · Committee on Finance
- Feb 1, 2007ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Feb 1, 2007SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
Recorded result: Pass
A motion was made by Councilmember Blackwell that this matter be SUSPEND THE RULES OF THE COUNCIL. The motion carried unanimously.
- Feb 1, 2007ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
- Feb 8, 2007READ · CITY COUNCIL
- Feb 8, 2007PASSED · CITY COUNCIL
Recorded result: Pass
A motion was made that this matter be PASSED. The motion carried by the following vote:
- Feb 21, 2007SIGNED · MAYOR
Official documents
Documents open on the City of Philadelphia’s legislative site.
Full text
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..Title Approving the reallocation of a portion of capital loan funds borrowed pursuant to Bill No. 040328-A (approved September 30, 2004), under certain terms and conditions. ..Body WHEREAS, Bill No. 040328-A (approved September 30, 2004) authorized the City to borrow, by the issuance of general obligation bonds, a sum not to exceed $76,251,010; and WHEREAS, Section 2 of Bill No. 040328-A specified the purposes for which the borrowed funds were to be used, and the maximum amount of funds for each such purpose; and WHEREAS, Section 2 of Bill No. 040328-A further specified that "with the approval of Council so much of the total loan or loans as it may not be practical, advisable or desirable to use for any of the forgoing purposes may be used for any of the other purposes listed"; now, therefore, THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Pursuant to Section 2 of Bill No. 040328-A (approved September 30, 2004), Council hereby approves the expenditure of three million five hundred thousand dollars ($3,500,000) which Bill No. 040328-A had authorized for purposes of "Parks, Recreation and Museums," for the purpose of "Municipal Buildings." ..End