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Back to search resultsResolution 190669

Requesting the Mayor to return to Council Bill No. 190431: "An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent," for the purpose of reconsideration by the Council of the vote by which said bill passed Council.

AI summary

The adopted resolution requests that the Mayor return Bill No. 190431 to City Council so Council can reconsider its vote approving the bill. The bill concerns authorizing the sale of City bonds for capital projects, payments into the Sinking Fund Commission, related credit or payment agreements, and arrangements for a possible election on increasing City debt; the resolution does not state whether the Mayor returned the bill or what Council decided afterward.

File details

Status
ADOPTED
Introduced
September 12, 2019
Sponsors
Darrell L. ClarkeJannie L. Blackwell
View official record ↗

Full text

WHEREAS, Bill No. 190431 was passed by this Council on June 20, 2019, and thereafter presented to the Mayor for his signature; and

WHEREAS, Council now wishes to reconsider the vote by which said bill passed Council; now, therefore, be it

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That Council hereby requests the Mayor to return to it Bill No. 190431: “An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent,” for the purpose of reconsideration by the Council of the vote by which said bill passed Council.

File history

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

    Details not published

    No details have been published for this item. Legistar notes that this meeting's minutes have not been finalized.