Bill 000590
Amending an ordinance approved April 11, 2000 (Bill No. 000005), adopting the Operating Budget for Fiscal Year 2001, by making, in accordance with Section 2-301(a) of the Philadelphia Home Rule Charter, certain additional appropriations needed to meet the unanticipated emergency created by a cash flow crisis at the Philadelphia Gas Works.
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.
“Aye. SECOND READING AND FINAL PASSAGE CALENDAR The ayes are 14, the nays are 3. A majority of all Members of Council having voted in the affirmative, the bill passes. The Clerk will please read the title of Bill No. 000590.”
Councilwoman Verna · Stated Meeting, November 2, 2000 · Nov 2, 2000 · official transcript, this passage
“To the President and Members of the Council of the City of Philadelphia, the Committee of the Whole Council to which was referred Bill No. 000583 entitled an Ordinance authorizing the amendment of the Philadelphia Facilities Management Corporation agreement to provide for a temporary change in the amount of temporary financing that the City may provide to the Philadelphia Gas Works and authorizing the temporary advan…”
The Clerk · Stated Meeting, October 19, 2000 · Oct 19, 2000 · official transcript, this passage
“And Bill No. 000590 an Ordinance amending an ordinance approved April 11, 2000, Bill No. 000005, adopting the Operating Budget FIRST READING CALENDAR for Fiscal Year 2001 by making in accordance with Section 2-301 of the Philadelphia Home Rule Charter certain additional appropriations needed to meet the unanticipated emergency created by a cash flow crisis at the Philadelphia Gas Works.”
The Clerk · Stated Meeting, October 19, 2000 · Oct 19, 2000 · official transcript, this passage
Status timeline
- Sep 21, 2000Introduced · CITY COUNCIL
- Sep 21, 2000Referred · CITY COUNCIL
- Sep 27, 2000HEARING HELD · Committee of the Whole
- Sep 27, 2000RECESSED · Committee of the Whole
- Oct 11, 2000RECESSED · Committee of the Whole
- Oct 12, 2000RECESSED · Committee of the Whole
- Oct 17, 2000HEARING HELD · Committee of the Whole
- Oct 17, 2000REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee of the Whole
- Oct 17, 2000AMENDED · Committee of the Whole
- Oct 19, 2000ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Oct 19, 2000SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Oct 19, 2000ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
- Nov 2, 2000READ · CITY COUNCIL
- Nov 2, 2000PASSED · CITY COUNCIL
- Nov 15, 2000SIGNED · MAYOR
Official documents
Documents open on the City of Philadelphia’s legislative site.
Full text
Read the full text as published
..Title Amending an ordinance approved April 11, 2000 (Bill No. 000005), adopting the Operating Budget for Fiscal Year 2001, by making, in accordance with Section 2-301(a) of the Philadelphia Home Rule Charter, certain additional appropriations needed to meet the unanticipated emergency created by a cash flow crisis at the Philadelphia Gas Works. ..Body WHEREAS, The Operating Budget of the City was adopted by Council and approved by the Mayor on April 11, 2000, in accordance with the requirements of the Philadelphia Home Rule Charter ("Charter"); and WHEREAS, The Operating Budget as adopted provided for General Fund appropriations of two billion eight hundred thirty million four hundred fifty five thousand nine hundred eighteen dollars ($2,830,455,918); and WHEREAS, The City of Philadelphia (City) owned Philadelphia Gas Works (PGW) has requested of the Public Utility Commission a rate increase to bolster its fragile financial position; and WHEREAS, Said rate increase would not take effect in time to infuse PGW with sufficient cash to enable the company to buy natural gas for the coming winter and meet payroll obligations; and WHEREAS, The City has proposed a loan of forty five million ($45,000,000) dollars to PGW to allow the company to bridge the gap between when the natural gas is purchased and when the revenue from the proposed rate increase would begin to be realized; and WHEREAS, Section 2-301 of the Charter expressly permits Council to make additional operation appropriations "to meet emergencies which could not be anticipated when the operating budget ordinance was passed;" and WHEREAS, The cash crisis at PGW could not have been reasonably anticipated by City Council at the time of the adoption of the Operating Budget Ordinance for Fiscal Year 2001 (Bill No. 000005); and WHEREAS, The Council wishes to avoid curtailment of essential natural gas services by providing for a loan to PGW; and WHEREAS, The payment of the loan requires an increase in appropriations in the Operating Budget for Fiscal Year 2001 pursuant to section 2-301(a) of the Charter; now, therefore THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Section 2 of the ordinance approved April 11, 2000 (Bill No. 000005), adopting the Operating Budget for Fiscal Year 2001, is hereby amended to increase the appropriations made from the General Fund by forty five million dollars ($45,000,000) from two billion eight hundred thirty million four hundred fifty five thousand nine hundred eighteen dollars ($2,830,455,918) to two billion eight hundred seventy five million four hundred fifty five thousand nine hundred eighteen dollars ($2,875,455,918), which additional increase is appropriated as follows: 2.38 DIRECTOR OF FINANCE Advances and Other Miscellaneous Payments $45,000,000 Total $45,000,000 Section 2. This Ordinance shall take effect immediately in accordance with provisions of Section 2 of Bill No. 000583 as amended. ..End