Title
Approving certain agreements by the Department of Revenue, the Department of Commerce, or both, with various taxpayers, providing for payments to the City relating to the establishment or extension of certain Keystone Opportunity Zones, Keystone Opportunity Expansion Zones, or Keystone Opportunity Improvement Zones, all under certain terms and conditions.
Body
WHEREAS, Section 310 of the Keystone Opportunity Zone, Keystone Opportunity Expansion Zone and Keystone Opportunity Improvement Zone Act provides that a business in a Keystone Opportunity Zone, Keystone Opportunity Expansion Zone or Keystone Opportunity Improvement Zone (collectively, a Keystone Opportunity Zone) may enter into an agreement with a political subdivision to provide for payments in lieu of taxes, not to exceed certain statutory thresholds, if the agreement is approved by the governing body; and
WHEREAS, The Department of Commerce, the Department of Revenue or both propose to enter into certain agreements with certain businesses for payments in lieu of taxes, all relating to the City's recent applications to the Department of Community and Economic Development for the extension or adoption of certain Keystone Opportunity Zones or Subzones, as authorized by Bill Nos. 080882 (approved Dec. 22, 2008) and 090410 (approved June 25, 2009); and
WHEREAS, Council wishes to give its approval to such agreements;
NOW, THEREFORE, BE IT RESOLVED, That agreements for payments in lieu of taxes relating to the following properties are hereby approved and the Commerce Director, the Revenue Commissioner or both are hereby authorized to enter into such agreements:
ADDRESS |
BRT # |
CODE SECTION |
OWNER |
4100 Powelton Avenue |
06-1-013800 |
19-3201(2)(f)(.1) |
Evol Corp |
4102 Powelton Avenue |
06-1-013900 |
19-3201(2)(f)(.2) |
Evol Corp |
4104 Powelton Avenue |
06-1-014000 |
19-3201(2)(f)(.3) |
Evol Corp |
4106 Powelton Avenue |
06-1-014100 |
19-3201(2)(f)(.4) |
Evol Corp |
4108 Powelton Avenue |
06-1-014200 |
19-3201(2)(f)(.5) |
Evol Corp |
4110 Powelton Avenue |
06-1-014300 |
19-3201(2)(f)(.6) |
Evol Corp |
3001 Market Street |
88-3-071706 |
19-3201(3)(c)(.1) |
Academic Properties (Drexel) |
4775 League Island Boulevard |
78-8-012900 |
19-3203(2)(B)(.1) |
LS 4775 (Liberty Prop) |
4300 S. 26th Street |
78-8-003100 |
19-3203(2)(B)(.2) |
L S 26th Street South LP |
3101-27 W. Glenwood Avenue |
88-4-699300 |
19-3203(3)(D)(.1) |
IS Pyramid LP |
1206-36 N. 31st Street |
88-4-101205 |
19-3203(3)(D)(.2) |
Westrum BT 3 LP |
1238 N. 31st Street |
29-2-311510 |
19-3203(3)(D)(.3) |
Westrum BT 2 LP |
1240-42 N. 31st Street |
29-2-311610 |
19-3203(3)(D)(.4) |
Westrum BT 3 LP |
1244-68 N. 31st Street |
88-4-101220 |
19-3203(3)(D)(.5) |
Westrum BT 3 LP |
3126-30 W. Thompson Street |
88-4-698900 |
19-3203(3)(D)(.6) |
Westrum BT 3 LP |
3132-50 W. Thompson Street |
88-4-699000 |
19-3203(3)(D)(.7) |
Westrum BT 3 LP |
3123-45 Jefferson Street |
88-4-219205 |
19-3203(3)(D)(.9) |
PAID for Red Bell Brewery |
1500-36 N. 31st Street |
88-4-101300 |
19-3203(3)(D)(.10) |
PAID for Red Bell Brewery |
2100 W. Allegheny Avenue |
88-4-066650 |
19-3203(4)(F)(.1) |
AM8 Group Steel Heddle Building |
1711 W. Allegheny Avenue |
88-4-341805 |
19-3203(4)(F)(.2) |
1711 Allegheny Inc. |
2301 W. Allegheny Avenue |
88-4-341815 |
19-3203(4)(F)(.3) |
2301 W. Allegheny Avenue LP |
1401 N. 5th Street |
88-4-589370 |
19-3203(4)(H)(.1) |
Liberty Property Associates |
427-35 Master Street |
18-2-320311 |
19-3203(4)(H)(.2) |
Redevelopment Authority |
1700 N. American Street |
88-4-590860 |
19-3203(4)(H)(.3) |
1700 N. American Street LLC |
1736 N. American Street |
88-4-590861 |
19-3203(4)(H)(.4) |
Redevelopment Authority |
1620-50 N. 5th Street |
88-4-591067 |
19-3203(4)(H)(.5) |
Redevelopment Authority |
1501 Beach Street |
88-4-076002 |
19-3203(4)(I)(.1) |
Berks Street Corp |
2001 Beach Street |
88-5-049020 |
19-3203(4)(I)(.2) |
Beach Street Corp |
2001 Richmond Street |
88-5-048500 |
19-3203(4)(I)(.3) |
Dyott Street Corp |
2005 Richmond Street |
88-5-049010 |
19-3203(4)(I)(.4) |
Columbus Boulevard Associates LP |
3600 S. 26th Street (Unoccupied Portion) |
88-5-043500 |
19-3203(4)(J) |
Conrail |
End
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