City of Philadelphia - File #: 130227

• File #: 130227
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 3/21/2013
• In control: Committee on Finance
• Final action: 6/6/2013
• 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 Bank of New York Mellon, under certain terms and conditions.
• Sponsors: Council President Clarke, Councilmember Jones
• Indexes: CITY DEPOSITORIES
• Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements

Date	Ver.	Action By	Action	Result	Tally
6/17/2013	0	MAYOR	SIGNED
6/6/2013	0	CITY COUNCIL	READ AND PASSED	Pass	15:1
5/16/2013	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
5/16/2013	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
5/16/2013	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
5/9/2013	0	Committee on Finance	HEARING NOTICES SENT
5/9/2013	0	Committee on Finance	HEARING HELD
5/9/2013	0	Committee on Finance	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
3/21/2013	0	CITY COUNCIL	Introduced (By Request) and Referred	Pass

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 Bank of New York Mellon, 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:

*      *      *

1. Bank of New York Mellon

*      *      *

Explanation:

Italics indicate new matter added.

End