PASSED
This enacted ordinance revises the list of banks and institutions where the City Treasurer may deposit City funds. It removes Mellon Bank, Advance Bank, and Sovereign Bank from the list and includes other listed institutions such as Wachovia Bank, PNC Bank, and Citibank, effective immediately.
Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by revising the list of City depositories because of non-compliance with certain provisions of that Chapter, under certain terms and conditions.
Pass2009-10-29
Action by CITY COUNCIL
A motion was made that this matter be PASSED. The motion carried by the following vote:
17 Yes·0 No·0 Absent
Roll Call
| Member | Vote |
|---|---|
| Anna Cibotti Verna | Yes |
| Bill Green | Yes |
| Blondell Reynolds Brown | Yes |
| Brian J. O'Neill | Yes |
| Curtis Jones, Jr. | Yes |
| Darrell L. Clarke | Yes |
| Donna Reed Miller | Yes |
| Frank J. DiCicco | Yes |
| Frank Rizzo | Yes |
| Jack Kelly | Yes |
| James F. Kenney | Yes |
| Jannie L. Blackwell | Yes |
| Joan L. Krajewski | Yes |
| Maria D. Quiñones-Sánchez | Yes |
| Marian B. Tasco | Yes |
| W. Wilson Goode, Jr. | Yes |
| William K. Greenlee | Yes |