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File #: 190442    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 5/23/2019 In control: Committee on Finance
On agenda: Final action: 6/20/2019
Title: Authorizing the City Treasurer, on behalf of the City, to enter into a Provider Agreement with U.S. Bank, National Association for the provision of custodial banking services to the City of Philadelphia, Office of the City Treasurer, under certain terms and conditions.
Sponsors: Council President Clarke, Councilmember Blackwell
Attachments: 1. 190442 - Exhibit Set, As Introduced.pdf, 2. Bill No. 19044200.pdf, 3. CertifiedCopy19044200
Date Ver.Action ByActionResultTallyAction DetailsVideo
6/26/20190 MAYOR SIGNED   Action details Not available
6/20/20190 CITY COUNCIL     Not available Not available
6/13/20190 CITY COUNCIL SUSPEND THE RULES OF THE COUNCIL   Action details Not available
6/13/20190 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
6/13/20190 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
6/10/20190 Committee on Finance     Not available Not available
6/10/20190 Committee on Finance     Not available Not available
6/10/20190 Committee on Finance     Not available Not available
5/23/20190 CITY COUNCIL     Not available Not available

Title

Authorizing the City Treasurer, on behalf of the City, to enter into a Provider Agreement with U.S. Bank, National Association for the provision of custodial banking services to the City of Philadelphia, Office of the City Treasurer, under certain terms and conditions.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1.                     The Office of the City Treasurer, on behalf of the City, is hereby authorized to enter into a Provider Agreement (the “Provider Agreement”) with U.S. Bank, National Association (“U.S. Bank”), substantially in the form set forth in Exhibit A, pursuant to which U.S. Bank shall provide custodial banking services to the Office of the City Treasurer, under certain terms and conditions.

 SECTION 2.                     The City Solicitor shall include in said Provider Agreement such terms and conditions as he may deem necessary to protect the interests of the City.

SECTION 3.                     The Chief Clerk shall keep on file Exhibit A and shall make it available for inspection by the public during regular office hours.

 

 

[Note: Exhibits to this Bill are on file in the Office of the Chief Clerk.]

 

End