Legislation Details

File #: 260496    Version: 0 Name:
Type: COMMUNICATION Status: PLACED ON FILE
File created: 5/14/2026 In control: CITY COUNCIL
On agenda: Final action:
Title: May 13, 2026 TO THE PRESIDENT AND MEMBERS OF THE COUNCIL OF THE CITY OF PHILADELPHIA: I am submitting herewith for the consideration of your Honorable Body the following proposed Ordinance: AN ORDINANCE Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," to remove Bank of New York Mellon as an authorized financial institution in which the City Treasurer may deposit funds, all under certain terms and conditions. I hereby recommend your favorable consideration of this proposed Ordinance. Respectfully, Cherelle L. Parker Mayor

Title

May 13, 2026

 

TO THE PRESIDENT AND MEMBERS OF THE COUNCIL OF THE CITY OF PHILADELPHIA:

 

I am submitting herewith for the consideration of your Honorable Body the following proposed Ordinance:

 

AN ORDINANCE

 

Amending Chapter 19-200 of The Philadelphia Code, entitled “City Funds - Deposits, Investments, Disbursements,” by amending Section 19-201, entitled “City Depositories,” to remove Bank of New York Mellon as an authorized financial institution in which the City Treasurer may deposit funds, all under certain terms and conditions.

 

I hereby recommend your favorable consideration of this proposed Ordinance.

 

Respectfully,

 

Cherelle L. Parker

Mayor

End