The Soviets' refusal to amend their charter had raised questions about whether the Bulgarian leader would act on his own.
To create such an agency, however, the city needs to amend its charter, he and others said.
In 1956, 38 years after the founder died, his company amended its corporate charter to diversify.
There was no parliamentary time to amend the company's charter.
It is also expected to amend its charter, formally renouncing terrorism and recognizing Israel's right to exist.
Both groups gathered signatures for a ballot initiative that would amend the city's charter and force a public vote on the streetcars.
In 2009, one third of the municipalities had amended their charter.
The following year, in April 1824, the company successfully amended its charter to allow Chemical to begin its banking practice.
It is the first time in almost 60 years that Congress has moved to amend the organization's charter.
A referendum to amend the city's charter simply requires a vote of the Council to get on the ballot.