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BillENACTED

Bill 070091

Amending Chapter 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 Sovereign Bank, under certain terms and conditions.

Introduced Feb 15, 2007Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Goode

From the floor

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

  1. Aye. The ayes are 17; the nays are zero. A majority of all members having voted in the affirmative, the bill passes. The next bill to be called for consideration is Bill No. 070091.

    Council President Verna · Stated Meeting, March 29, 2007 · Mar 29, 2007 · official transcript, this passage

  2. To the President and members of the Council of the City of Philadelphia, the Committee on Finance, to which was referred Bill No. 060052, entitled "An ordinance amending Section 19-201 of The Philadelphia Code, entitled 'City Depositories,' by revoking the depository status of Wachovia Bank and revising the list of City depositories, under certain terms and conditions," respectfully reports it has considered the same…

    Chief Clerk · Stated Meeting, March 22, 2007 · Mar 22, 2007 · official transcript, this passage

  3. And Bill No. 070091, an ordinance amending Chapter 19-200 of The Philadelphia Code, entitled 3/22/07 - STATED - 1ST READING "City Funds - Deposits, Investments, Disbursements," by authorizing the City Treasurer to deposit funds in Sovereign Bank.

    Chief Clerk · Stated Meeting, March 22, 2007 · Mar 22, 2007 · official transcript, this passage

Status timeline

  1. Feb 15, 2007Referred · CITY COUNCIL
  2. Feb 15, 2007Introduced · CITY COUNCIL
  3. Mar 19, 2007HEARING NOTICES SENT · Committee on Finance
  4. Mar 19, 2007HEARING HELD · Committee on Finance
  5. Mar 19, 2007REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  6. Mar 22, 2007ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Mar 22, 2007SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  8. Mar 22, 2007ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Mar 29, 2007READ · CITY COUNCIL
  10. Mar 29, 2007PASSED · CITY COUNCIL
  11. Apr 12, 2007SIGNED · MAYOR

Full text

Read the full text as published

..Title Amending Chapter 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 Sovereign Bank, 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: * * * (j) Sovereign Bank * * * _____________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End