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File #: 090661    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 9/24/2009 In control: Committee on Finance
On agenda: Final action: 12/10/2009
Title: Amending Section 19-201 of The Philadelphia Code, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in M&T Bank, under certain terms and conditions.
Sponsors: Council President Verna, Councilmember Tasco
Indexes: CITY DEPOSITORIES
Code sections: 19-201 - City Depositories
Attachments: 1. CertifiedCopy09066100.pdf
Title
Amending Section 19-201 of The Philadelphia Code, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in M&T 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:
 
ยง19-201.  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)      M&T Bank.
 
*      *      *
 
 
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Explanation:
 
Italics indicate new matter added.
 
End