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 by
How members voted
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
- May 23, 2019Introduced and Referred · CITY COUNCIL
- Jun 10, 2019HEARING NOTICES SENT · Committee on Finance
- Jun 10, 2019HEARING HELD · Committee on Finance
- Jun 10, 2019REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
- Jun 13, 2019SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Jun 13, 2019ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Jun 13, 2019READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL
- Jun 20, 2019READ AND PASSED · CITY COUNCIL
- Jun 26, 2019SIGNED · MAYOR
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