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Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by adding Hudson United Bank to the list of City depositories.

AI summary

This lapsed bill would have amended the Philadelphia Code to add Hudson United Bank to the list of institutions where the City Treasurer could deposit City funds. It concerned the City's banking and fund-management practices and did not become operative law.

File details

Status
LAPSED
Introduced
April 1, 2004
Sponsors
Jannie L. Blackwell
View official record ↗

Full text

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Chapter 19-200 of The Philadelphia Code is hereby amended to read as follows:

CHAPTER 19-200.

CITY FUNDS - DEPOSITS, INVESTMENTS, DISBURSEMENTS.

§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:

* * *

( ) Hudson United Bank

* * *

______________________

Explanation:

Italics

indicate new matter added.

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionCITY COUNCIL

    Introduced

    Pass
    Council actionCITY COUNCIL

    Referred