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 Republic First Bank, under certain terms and conditions.
CGCouncilmember GoodeCBCouncilmember BlackwellCBCouncilmember BlackwellCRCouncilmember Reynolds BrownCRCouncilmember Reynolds Brown
Full Bill
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:
Section 19-201. City Depositories.
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:
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(h) Republic First Bank
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Explanation:
Italics
indicate new matter added.
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