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Back to search resultsResolution 070601

Authorizing the Committee on Commerce and Economic Development to hold hearings on the study of lending disparities recently released by the City Treasurer.

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File details

Status
Adopted
Type
Resolution
Introduced
June 14, 2007
Sponsors
CGCouncilmember GoodeCGCouncilmember GreenleeCRCouncilmember RizzoCPCouncil President VernaCRCouncilmember Reynolds BrownCDCouncilmember DiCiccoCRCouncilmember RamosCTCouncilmember TascoCKCouncilmember KellyCSCouncilmember SavageCKCouncilmember KrajewskiCBCouncilmember BlackwellCCCouncilmember CampbellCMCouncilmember MillerBrian J. O'NeillCKCouncilmember KenneyCCCouncilmember Clarke

Full Bill

WHEREAS, The lending practices of financial institutions have a measurable impact on the City's tax base, quality of life and overall economic viability and competitiveness; and

WHEREAS, Economic viability and competitiveness comes from strengthening, and providing opportunities within, all areas of the City; and

WHEREAS, In December of 2005, City Council unanimously passed a resolution calling on the Office of the City Treasurer to commission an annual study of lending disparities by City depositories and to produce a report deliverable to the Mayor and the City Council. The annual report was to include a comprehensive analysis of home lending, small business lending, and branching patterns as well as the measurement of the community reinvestment and fair lending performance of banks receiving City deposits; now therefore

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the Committee on Commerce and Economic Development is hereby authorized to hold hearings on the study of lending disparities recently released by the City Treasurer.

End

Timeline

File history

A file can move through several public steps, including introduction, hearings, amendments, votes and final action. This timeline puts those events in date order, groups routine entries from the same day, and attaches published member votes to the action they record.

  1. Council ActionCommittee on Commerce & Economic Development

    RECESSED

    Other recorded action without a published tally.

    Official action detail

    Source: LegislationDetail.aspx · gridLegislation

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    2 procedural actionsCommittee on Commerce & Economic Development
    ProceduralCommittee on Commerce & Economic Development

    HEARING NOTICES SENT

    Official action detail

    Source: LegislationDetail.aspx · gridLegislation

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  2. UnanimousCITY COUNCIL

    Introduced

    Marked unanimous; no member-by-member tally published.

    Pass
    Official action detail

    A motion was made by Councilmember Goode that this matter be Introduced. The motion carried unanimously.

    Source: LegislationDetail.aspx · gridLegislation

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    Council ActionCITY COUNCIL

    READ

    Other recorded action without a published tally.

    Official action detail

    Source: LegislationDetail.aspx · gridLegislation

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