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Transmitting an Ordinance amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," to remove Citibank, N.A. and Republic First Bank as authorized financial institutions in which the City Treasurer may deposit funds, all under certain terms and conditions.

AI summary

This communication transmits a proposed ordinance that would amend Philadelphia’s rules for city fund deposits by removing Citibank, N.A. and Republic First Bank from the list of financial institutions where the City Treasurer may deposit city funds. The item was placed on file and does not itself enact or authorize that change.

File details

Status
PLACED ON FILE
Introduced
October 31, 2024
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Full text

Title

Transmitting an Ordinance

amending Chapter 19-200 of The Philadelphia Code, entitled “City Funds - Deposits, Investments, Disbursements,” by amending Section 19-201, entitled “City Depositories,” to remove Citibank, N.A. and Republic First Bank as authorized financial institutions in which the City Treasurer may deposit funds, all under certain terms and conditions.

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

    Read and filed