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BillENACTED

Bill 190442

Authorizing the City Treasurer, on behalf of the City, to enter into a Provider Agreement with U.S. Bank, National Association for the provision of custodial banking services to the City of Philadelphia, Office of the City Treasurer, under certain terms and conditions.

Introduced May 23, 2019Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Council President ClarkeCouncilmember Blackwell

How members voted

  1. Vote on Jun 20, 2019 · CITY COUNCIL

    Aye (17)

    Council President ClarkeCouncilmember SquillaCouncilmember JohnsonCouncilmember BlackwellCouncilmember JonesCouncilmember HenonCouncilmember Quiñones SánchezCouncilmember BassCouncilmember ParkerCouncilmember O'NeillCouncilmember DombCouncilmember GreenCouncilmember GreenleeCouncilmember GymCouncilmember OhCouncilmember Reynolds BrownCouncilmember Taubenberger

Status timeline

  1. May 23, 2019
    Introduced and Referred · CITY COUNCIL

    This Bill was Introduced and Referred.to the Committee on Finance

  2. Jun 10, 2019
    HEARING NOTICES SENT · Committee on Finance

    This Bill was HEARING NOTICES SENT.

  3. Jun 10, 2019
    HEARING HELD · Committee on Finance

    This Bill was HEARING HELD.

  4. Jun 10, 2019
    REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance

    This Bill was REPORTED FAVORABLY, RULE SUSPENSION REQUESTED.

  5. Jun 13, 2019
    SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL

    This Bill was SUSPEND THE RULES OF THE COUNCIL.

  6. Jun 13, 2019
    ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL

    This Bill was ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR.

  7. Jun 13, 2019
    READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL

    This Bill was READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR.

  8. Jun 20, 2019
    READ AND PASSED · CITY COUNCIL

    Recorded result: Pass

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

  9. Jun 26, 2019
    SIGNED · MAYOR

    This Bill was SIGNED.

Official documents

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

Full text

Read the full text as published

..Title Authorizing the City Treasurer, on behalf of the City, to enter into a Provider Agreement with U.S. Bank, National Association for the provision of custodial banking services to the City of Philadelphia, Office of the City Treasurer, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. The Office of the City Treasurer, on behalf of the City, is hereby authorized to enter into a Provider Agreement (the "Provider Agreement") with U.S. Bank, National Association ("U.S. Bank"), substantially in the form set forth in Exhibit A, pursuant to which U.S. Bank shall provide custodial banking services to the Office of the City Treasurer, under certain terms and conditions. SECTION 2. The City Solicitor shall include in said Provider Agreement such terms and conditions as he may deem necessary to protect the interests of the City. SECTION 3. The Chief Clerk shall keep on file Exhibit A and shall make it available for inspection by the public during regular office hours. [Note: Exhibits to this Bill are on file in the Office of the Chief Clerk.] ..End