Bill 130377
Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by removing Wells Fargo Bank, National Association as a City Depository, under certain terms and conditions.
Introduced by
Status timeline
- May 9, 2013Introduced and Referred · CITY COUNCIL
Recorded result: Pass
A motion was made by Councilmember Kenney that this matter be Introduced and Referred to the Committee on Finance. The motion carried unanimously.
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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 removing Wells Fargo Bank, National Association as a City Depository, 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: (a) [Wells Fargo Bank, N.A.;] ______________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End