City of Philadelphia - File #: 190509

• File #: 190509
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 6/6/2019
• In control: Committee on Finance
• Final action: 10/17/2019
• Title: Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements", by revising the list of City depositories; under certain terms and conditions.
• Sponsors: Councilmember Squilla, Councilmember Quiñones Sánchez, Councilmember Bass
• Indexes: CITY DEPOSITORIES
• Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements

Date	Ver.	Action By	Action	Result	Tally
10/30/2019	0	MAYOR	SIGNED
10/17/2019	0	CITY COUNCIL
10/10/2019	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL
10/10/2019	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
10/10/2019	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
10/8/2019	0	Committee on Finance
10/8/2019	0	Committee on Finance
10/8/2019	0	Committee on Finance
6/6/2019	0	CITY COUNCIL

Title

Amending Chapter 19-200 of The Philadelphia Code, entitled “City Funds - Deposits, Investments, Disbursements”, by revising the list of City depositories; 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:

*                     *                     *

                                          (l)                     JPMorgan Chase Bank, N.A.

SECTION 2. This Ordinance shall take effect immediately.

___________________________________

Explanation:

Italics indicate new matter added.

End