City of Philadelphia - File #: 100612

• File #: 100612
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 9/23/2010
• In control: Committee on Finance
• Final action: 10/28/2010
• 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 Wells Fargo Bank, National Association, under certain terms and conditions.
• Sponsors: Councilmember Tasco
• Indexes: CITY DEPOSITORIES
• Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements

Date	Ver.	Action By	Action	Result	Tally
11/10/2010	0	MAYOR	SIGNED
10/28/2010	0	CITY COUNCIL	READ
10/28/2010	0	CITY COUNCIL	PASSED	Pass	17:0
10/21/2010	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
10/21/2010	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
10/21/2010	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
10/19/2010	0	Committee on Finance	HEARING NOTICES SENT
10/19/2010	0	Committee on Finance	HEARING HELD
10/19/2010	0	Committee on Finance	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
9/23/2010	0	CITY COUNCIL	Introduced and Referred	Pass

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 Wells Fargo Bank, National Association, 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:

1. [Wachovia Bank;] Wells Fargo Bank, N.A.;

______________________

Explanation:

[Brackets] indicate matter deleted.

Italics indicate new matter added.

End