Skip to main content
Back to search resultsBill 130377

Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by removing Wells Fargo Bank, National Association as a City Depository, under certain terms and conditions.

AI summary

This lapsed bill would have removed Wells Fargo Bank, National Association from the list of institutions authorized to hold City funds. It would have changed the City Code’s list of City depositories, affecting how the City could deposit its funds.

File details

Status
LAPSED
Introduced
May 9, 2013
Sponsors
JFJames F. Kenney
View official record ↗

Full text

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:

§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:

(a) [Wells Fargo Bank, N.A.;]

______________________

Explanation:

[Brackets] indicate matter deleted.

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 and Referred

    Pass