civus
BillENACTED

Bill 070018

Approving the reallocation of a portion of capital loan funds borrowed pursuant to Bill No. 040328-A (approved September 30, 2004), under certain terms and conditions.

Introduced Jan 23, 2007Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Clarke

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. “Thank you, Madam President. Today our Calendar begins on at the bottom with Bill Nos. 060442-A and 060797-A. We then go to where Bill No. 060716-A will be amended, and we will hear Bill No. 060699. On , Bill Nos. 060832, 834, 939 and 961. On , we will hear Bill No. 060966, Bill No. 070018, Bill Nos. 070021, 070019. And, finally, 2/8/07 - STATED - 2ND READING on , the final bill that will be on Second Reading and Fina…”

    Councilwoman Blackwell · Stated Meeting, February 8, 2007 · Feb 8, 2007 · official transcript, this passage

  2. “No. The ayes are 15; the nays are two. A majority of all members having voted in the affirmative, the bill passes. The next bill to be called for consideration is Bill No. 070018.”

    Council President Verna · Stated Meeting, February 8, 2007 · Feb 8, 2007 · official transcript, this passage

  3. “To the President and members of the Council of the City of Philadelphia, the Committee on Finance, to which was referred Bill No. 060832, entitled "An ordinance amending Bill No. 060001, relating to the Capital Program for Fiscal Year 2007 through 2012, by adding line items for certain capital projects in Fiscal Year 2007"; and Bill No. 060834, entitled "An ordinance amending Bill No. 060002, relating to the Fiscal 2…”

    Chief Clerk · Stated Meeting, February 1, 2007 · Feb 1, 2007 · official transcript, this passage

  4. “And Bill No. 070018, an ordinance approving the reallocation of a portion of capital loan funds borrowed pursuant to Bill No. 040328-A, under certain terms and conditions.”

    Chief Clerk · Stated Meeting, February 1, 2007 · Feb 1, 2007 · official transcript, this passage

Status timeline

  1. Jan 23, 2007Referred · CITY COUNCIL
  2. Jan 23, 2007Introduced · CITY COUNCIL
  3. Jan 31, 2007HEARING NOTICES SENT · Committee on Finance
  4. Jan 31, 2007REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  5. Jan 31, 2007HEARING HELD · Committee on Finance
  6. Feb 1, 2007ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Feb 1, 2007SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  8. Feb 1, 2007ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Feb 8, 2007READ · CITY COUNCIL
  10. Feb 8, 2007PASSED · CITY COUNCIL
  11. Feb 21, 2007SIGNED · MAYOR

Official documents

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

Full text

Read the full text as published

..Title Approving the reallocation of a portion of capital loan funds borrowed pursuant to Bill No. 040328-A (approved September 30, 2004), under certain terms and conditions. ..Body WHEREAS, Bill No. 040328-A (approved September 30, 2004) authorized the City to borrow, by the issuance of general obligation bonds, a sum not to exceed $76,251,010; and WHEREAS, Section 2 of Bill No. 040328-A specified the purposes for which the borrowed funds were to be used, and the maximum amount of funds for each such purpose; and WHEREAS, Section 2 of Bill No. 040328-A further specified that "with the approval of Council so much of the total loan or loans as it may not be practical, advisable or desirable to use for any of the forgoing purposes may be used for any of the other purposes listed"; now, therefore, THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Pursuant to Section 2 of Bill No. 040328-A (approved September 30, 2004), Council hereby approves the expenditure of three million five hundred thousand dollars ($3,500,000) which Bill No. 040328-A had authorized for purposes of "Parks, Recreation and Museums," for the purpose of "Municipal Buildings." ..End