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BillENACTED

Bill 070091

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 Sovereign Bank, under certain terms and conditions.

Introduced Feb 15, 2007Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Goode

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. “…s having voted in the affirmative, the bill passes. The next bill to be called for consideration is Bill No. 070091.”

    Council President Verna · Stated Meeting, March 29, 2007 · Mar 29, 2007 · official transcript, this passage

  2. “…udget in an amount not to exceed $2 million to assist in the development of WHYY Learning Lab"; and Bill No. 070091, entitled "An ordinance amending Chapter 19-200 of The Philadelphia Code by authorizing the City Treasurer to deposit funds in Sovereign Bank"; and Bill No. 070150, entitled "An ordinance amending Bill No. 060378, entitled 'An ordinance approving the Fiscal Year 2007 Capital Budget providing for expendi…”

    Chief Clerk · Stated Meeting, March 22, 2007 · Mar 22, 2007 · official transcript, this passage

  3. “And Bill No. 070091, an ordinance amending Chapter 19-200 of The Philadelphia Code, entitled 3/22/07 - STATED - 1ST READING "City Funds - Deposits, Investments, Disbursements," by authorizing the City Treasurer to deposit funds in Sovereign Bank.”

    Chief Clerk · Stated Meeting, March 22, 2007 · Mar 22, 2007 · official transcript, this passage

Status timeline

  1. Feb 15, 2007
    Referred · CITY COUNCIL
  2. Feb 15, 2007
    Introduced · CITY COUNCIL

    Recorded result: Pass

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

  3. Mar 19, 2007
    HEARING NOTICES SENT · Committee on Finance
  4. Mar 19, 2007
    HEARING HELD · Committee on Finance
  5. Mar 19, 2007
    REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  6. Mar 22, 2007
    ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Mar 22, 2007
    SUSPEND 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.

  8. Mar 22, 2007
    ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Mar 29, 2007
    READ · CITY COUNCIL
  10. Mar 29, 2007
    PASSED · CITY COUNCIL

    Recorded result: Pass

    A motion was made that this matter be PASSED. The motion carried by the following vote:

  11. Apr 12, 2007
    SIGNED · MAYOR

Full text

Read the full text as published

..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 Sovereign 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: * * * (j) Sovereign Bank * * * _____________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End