Bill 130227

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.

1. “…the financial services provided by Wells Fargo and Bank of New York Mellon in Resolution 130225 and Bill 130227, we can only understand the implications by examining the particulars of the 2005 Bankruptcy Act, the agreement between the United States FDIC and the Bank of England and the Dodd-Frank Act in particular that give primary position to holders of derivative claims, defying all rational thinking, eliminates al…”

   Mr. King · Stated Meeting, June 13, 2013 · Jun 13, 2013 · official transcript, this passage

2. “…on who likes to keep their word, I was asked earlier to hold the bill, and I will hold the bill. So Bill No. 130227 will be held and it will be on the Final Passage Calendar at our next session of Council. Mr. Decker, do we have any additional resolutions?”

   Council President Clarke · Stated Meeting, May 23, 2013 · May 23, 2013 · official transcript, this passage

3. “…into an agreement with Wells Fargo Bank for provision of payroll banking services to the City"; and Bill No. 130227, entitled "An 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 Bank of New York Mellon," respectfully reports it has considered the same and returns…”

   Chief Clerk · Stated Meeting, May 16, 2013 · May 16, 2013 · official transcript, this passage

Status timeline

1. Mar 21, 2013
   Introduced (By Request) and Referred · CITY COUNCIL

   Recorded result: Pass

   A motion was made by Councilmember Jones that this matter be Introduced (By Request) and Referred to the Committee on Finance. The motion carried unanimously.

2. May 9, 2013
   HEARING NOTICES SENT · Committee on Finance
3. May 9, 2013
   HEARING HELD · Committee on Finance
4. May 9, 2013
   REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
5. May 16, 2013
   ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
6. May 16, 2013
   SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL

   Recorded result: Pass

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

7. May 16, 2013
   ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
8. Jun 6, 2013
   READ AND PASSED · CITY COUNCIL

   Recorded result: Pass

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

9. Jun 17, 2013
   SIGNED · MAYOR

Official documents

• CertifiedCopy13022700.pdf

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