Bill 130227
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 Bank of New York Mellon, under certain terms and conditions.
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.
“Thank you, President of the Council. Thank you, Councilmembers. The proposal to sell Philadelphia Gas Works is the result of private-sector financing and market forces that will see PGW under the control of international energy cartel. Selling PGW is like the United States selling NASA. It is the source of America's strength. PGW is the source of Philadelphia's strength. The government of the people is to protect the…”
Mr. King · Stated Meeting, June 13, 2013 · Jun 13, 2013 · official transcript, this passage
“Thank you, Councilman. There are no other conversation on this particular bill, as a person who likes to keep their word, I was asked earlier to hold the bill, and I will hold the bill. So Bill No. 130227 will be held and it will be on the Final Passage Calendar at our next session of Council. Mr. Decker, do we have any additional resolutions?”
Council President Clarke · Stated Meeting, May 23, 2013 · May 23, 2013 · official transcript, this passage
“The Committee on Finance, to which was referred Bill No. 121037, entitled "An ordinance amending Chapter 19-2600 of The Philadelphia Code, entitled 'Business Income and Receipts Taxes,' by, including but not limited to, modifying certain definitions"; and Bill No. 130225, entitled "An ordinance authorizing the Office of City Treasurer, on behalf of the City, to enter into an agreement with Wells Fargo Bank for provis…”
Chief Clerk · Stated Meeting, May 16, 2013 · May 16, 2013 · official transcript, this passage
Status timeline
- Mar 21, 2013Introduced (By Request) and Referred · CITY COUNCIL
- May 9, 2013HEARING NOTICES SENT · Committee on Finance
- May 9, 2013HEARING HELD · Committee on Finance
- May 9, 2013REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
- May 16, 2013ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- May 16, 2013SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- May 16, 2013ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
- Jun 6, 2013READ AND PASSED · CITY COUNCIL
- Jun 17, 2013SIGNED · MAYOR
Official documents
Documents open on the City of Philadelphia’s legislative site.
Full text
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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 authorizing the City Treasurer to deposit funds in Bank of New York Mellon, 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: * * * (i) Bank of New York Mellon * * * Explanation: Italics indicate new matter added. ..End