Official:Amending Section 19-201 of The Philadelphia Code, entitled "City Depositories," by amending the process for the selection of City payroll depositories, under certain terms and conditions.
Sponsor: Councilmember Goode
Introduced: September 16, 2010
Signed: October 28, 2010
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill amends the process for selecting banks that handle City payroll deposits. The City Treasurer must hold a bidding process every four years and ensure that contracts meet certain requirements.
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