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File #: 090350    Version: Name:
Type: Bill Status: ENACTED
File created: 4/30/2009 In control: Committee on Finance
On agenda: Final action: 5/21/2009
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 City National Bank, under certain terms and conditions.
Sponsors: Councilmember Tasco
Indexes: CITY DEPOSITORIES
Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements
Attachments: 1. CertifiedCopy09035001.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 authorizing the City Treasurer to deposit funds in City National 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:
 
*      *      *
 
      (i)(.1) City National Bank (New Jersey)
 
*      *      *
 
                              
Explanation:
 
Italics indicate new matter added.
 
End