civus
BillENACTED

Bill 090663

Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by revising the list of City depositories because of non-compliance with certain provisions of that Chapter, under certain terms and conditions.

Introduced Sep 24, 2009Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember GoodeCouncilmember 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. “…. A majority of all members having voted in the affirmative, this bill passes. We will now consider Bill No. 090663.”

    Council President Verna · Stated Meeting, October 29, 2009 · Oct 29, 2009 · official transcript, this passage

  2. “… entitled 'City Depositories,' by authorizing the City Treasurer to deposit funds in M&T Bank"; and Bill No. 090663, entitled "An ordinance amending Chapter 19-200 of The Philadelphia Code, entitled 'City Funds Deposits, Investments, Disbursements,' by revising the list of City depositories certain provisions of that Chapter"; and Bill No. 090705, entitled "An ordinance amending Bill No. 090325, entitled 'An ordinanc…”

    Chief Clerk · Stated Meeting, October 22, 2009 · Oct 22, 2009 · official transcript, this passage

Status timeline

  1. Sep 24, 2009
    Referred · CITY COUNCIL
  2. Sep 24, 2009
    Introduced · CITY COUNCIL

    Recorded result: Pass

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

  3. Oct 20, 2009
    HEARING NOTICES SENT · Committee on Finance
  4. Oct 20, 2009
    HEARING HELD · Committee on Finance
  5. Oct 20, 2009
    AMENDED · Committee on Finance
  6. Oct 20, 2009
    REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  7. Oct 22, 2009
    ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  8. Oct 22, 2009
    SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL

    Recorded result: Pass

    A motion was made by Councilmember Tasco that this matter be SUSPEND THE RULES OF THE COUNCIL. The motion carried unanimously.

  9. Oct 29, 2009
    READ · CITY COUNCIL
  10. Oct 29, 2009
    PASSED · CITY COUNCIL

    Recorded result: Pass

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

  11. Nov 4, 2009
    SIGNED · MAYOR

Official documents

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

Full text

Read the full text as published

..Title Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by revising the list of City depositories because of non-compliance with certain provisions of that Chapter, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 19-200 of The Philadelphia Code is hereby amended to read as follows: CHAPTER 19-200. CITY FUNDS-DEPOSITS, INVESTMENTS, DISBURSEMENTS. 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: (a) Wachovia Bank; (b) PNC Bank, N.A.; (c) United Bank of Philadelphia; (d) TD Bank, National Association; (e) Citizens Bank; [(f) Mellon Bank;] [(g)](f) Bank of America; [(h) Advance Bank;] [(i)](g) Republic First Bank; [(i)(.1)](h) City National Bank (New Jersey); [(j) Sovereign Bank;] [(k)](i) Citibank, N.A. * * * SECTION 2. This Ordinance shall take effect immediately. ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End 1 2