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File #: 070091    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 2/15/2007 In control: Committee on Finance
On agenda: Final action: 3/29/2007
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 Sovereign Bank, under certain terms and conditions.
Sponsors: Councilmember Goode, Councilmember Goode
Indexes: CITY DEPOSITORIES
Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
4/12/20070 MAYOR SIGNED   Action details Meeting details Not available
4/12/20070 MAYOR SIGNED   Action details Meeting details Not available
3/29/20070 CITY COUNCIL READ   Action details Meeting details Not available
3/29/20070 CITY COUNCIL READ   Action details Meeting details Not available
3/29/20070 CITY COUNCIL PASSEDPass17:0 Action details Meeting details Not available
3/29/20070 CITY COUNCIL PASSEDPass17:0 Action details Meeting details Not available
3/22/20070 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Meeting details Not available
3/22/20070 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Meeting details Not available
3/22/20070 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Meeting details Not available
3/22/20070 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Meeting details Not available
3/22/20070 CITY COUNCIL ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR   Action details Meeting details Not available
3/22/20070 CITY COUNCIL ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR   Action details Meeting details Not available
3/19/20070 Committee on Finance HEARING NOTICES SENT   Action details Meeting details Not available
3/19/20070 Committee on Finance HEARING NOTICES SENT   Action details Meeting details Not available
3/19/20070 Committee on Finance HEARING HELD   Action details Meeting details Not available
3/19/20070 Committee on Finance HEARING HELD   Action details Meeting details Not available
3/19/20070 Committee on Finance REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Meeting details Not available
3/19/20070 Committee on Finance REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Meeting details Not available
2/15/20070 CITY COUNCIL Referred   Action details Meeting details Not available
2/15/20070 CITY COUNCIL Referred   Action details Meeting details Not available
2/15/20070 CITY COUNCIL IntroducedPass  Action details Meeting details Not available
2/15/20070 CITY COUNCIL IntroducedPass  Action details Meeting details Not available
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 Sovereign 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:
*      *      *
(j) Sovereign Bank
 
*      *      *
 
_____________________________________
Explanation:
 
[Brackets] indicate matter deleted.
Italics indicate new matter added.
End