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Title:
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Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by authorizing, for the benefit of the School District of Philadelphia, the assignment or transfer of real estate tax liens on commercial property either absolutely or as collateral security, for an amount to be determined by the Department; and removing certain restrictions on the assignment or transfer of real estate tax liens on commercial property, all under certain terms and conditions.
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Action text:
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A motion was made by Councilmember Henon that this matter be Introduced and Referred to the Committee on Finance. The motion carried unanimously.
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