City of Philadelphia - File #: 060575

• File #: 060575
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 6/15/2006
• In control: Committee on Finance
• 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 U.S. Bank, under certain terms and conditions.
• Sponsors: Councilmember Blackwell, Councilmember Blackwell
• Indexes: CITY DEPOSITORIES
• Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements, 19-201 - City Depositories

Date	Ver.	Action By	Action	Result	Tally
6/15/2006	0	CITY COUNCIL	Introduced	Pass
6/15/2006	0	CITY COUNCIL	Introduced	Pass
6/15/2006	0	CITY COUNCIL	Referred
6/15/2006	0	CITY COUNCIL	Referred

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 U.S. 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:

*      *      *

      (  )      U.S. Bank

*      *      *

_____________________________________

Explanation:

Italics indicate new matter added.

End