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File #: 090351    Version: 0 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 TD Bank National Association, under certain terms and conditions.
Sponsors: Councilmember Tasco
Indexes: CITY DEPOSITORIES
Code sections: 19-200 - City Funds-Deposits, Investments, Disbursements
Attachments: 1. CertifiedCopy09035100.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 TD Bank National Association, 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:
 
*      *      *
 
      (d) [Commerce Bank/Pennsylvania, N.A.]      TD Bank, National Association
 
*      *      *
 
                              
Explanation:
 
[brackets] indicates matter deleted.
Italics indicate new matter added.
 
End