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File #: 130377    Version: 0 Name:
Type: Bill Status: LAPSED
File created: 5/9/2013 In control: Committee on Finance
On agenda: Final action:
Title: Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by removing Wells Fargo Bank, National Association as a City Depository, under certain terms and conditions.
Sponsors: Councilmember Kenney
Indexes: CITY DEPOSITORIES
Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements
Attachments: 1. Bill No. 13037700.pdf
Title
Amending Chapter 19-200 of The Philadelphia Code, entitled “City Funds - Deposits, Investments, Disbursements,” by amending Section 19-201, entitled “City Depositories,” by removing Wells Fargo Bank, National Association as a City Depository, 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:
 
(a) [Wells Fargo Bank, N.A.;]
 
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Explanation:
 
[Brackets] indicate matter deleted.
Italics indicate new matter added.
 
 
End