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Minutes

Committee Hearing, October 30, 2006

Philadelphia City Council Committee HearingsOct 30, 2006

COUNCIL OF THE CITY OF PHILADELPHIA COMMITTEE ON FINANCE - - - Room 400, City Hall Philadelphia, Pennsylvania Monday, October 30, 2006 2:00 p.m. - - - (Hearing recessed.) BILL 060005 - An ordinance amending Section 4.09 of the Restated General Water and Wastewater Revenue Bond Ordinance of 1989 to authorize the Director of Finance to use funds currently held in the Debt Reserve Account established and maintained under the said General Ordinance to purchase appropriate surety bonds or insurance policies for deposit in the said Debt Reserve Account in lieu of current deposits; further, directing the Director of Finance to transfer all excess funds remaining in the said Debt Reserve Account after purchase of the said surety bonds or insurance policies to the Water and Wastewater Revenue Fund... - - - V A R A L L O Incorporated Litigation Support Services Eleven Penn Center 1835 Market Street, Suite 600 Philadelphia, Pennsylvania 19103 215.561.2220 215.567.2670 2

The Clerk

Good afternoon. Bill No. 060005 scheduled before the Finance Committee for 2 o'clock today, October 30th, will be recessed to November the 14th at o'clock. Again, Bill No. 060005 scheduled today before the Finance Committee, October 30, 2006 for o'clock, will be recessed to November the 14th at 1:00. Thank you. (Statement adjourned at 2:01 p.m.) - - - CERTIFICATE I HEREBY CERTIFY that the proceedings, evidence and objections are contained fully and accurately in the stenographic notes taken by me upon the foregoing matter on October 30, 2006, and that this is a true and correct transcript of same. ______________________________ MICHELE L. MURPHY RPR-Notary Public (The foregoing certification of this transcript does not apply to any reproduction of the same by any means, unless under the direct control and/or supervision of the certifying reporter.)