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Title:
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Authorizing the Philadelphia Authority for Industrial Development ("PAID") to file an application with the Office of the Budget, Commonwealth of Pennsylvania, under the Redevelopment Assistance Capital Program, in an aggregate amount not to exceed Seven Million Dollars ($7,000,000) to assist in the development of North Philadelphia Health System, the Old Metropolitan Opera House and Progress Plaza; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.
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Action text:
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A motion was made that this matter be PASSED. The motion carried by the following vote:
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