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Title:
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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
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