City of Philadelphia - File #: 060691

• File #: 060691
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 9/21/2006
• In control: Committee on Finance
• Final action: 10/26/2006
• Title: 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 One Million Dollars ($1,000,000) to assist in the development of Woodlands Arboretum & Botanical Gardens Revitalization Project; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.
• Sponsors: Councilmember Blackwell
• Indexes: CAPITAL REDEVELOPMENT ASSISTANCE PROGRAM, PAID, PIDC

Date	Ver.	Action By	Action	Result	Tally
11/16/2006	0	MAYOR	SIGNED
10/26/2006	0	CITY COUNCIL	READ
10/26/2006	0	CITY COUNCIL	PASSED	Pass	14:0
10/19/2006	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
10/19/2006	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
10/19/2006	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
10/17/2006	0	Committee on Finance	HEARING NOTICES SENT
10/17/2006	0	Committee on Finance	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
10/17/2006	0	Committee on Finance	HEARING HELD
9/21/2006	0	CITY COUNCIL	Referred
9/21/2006	0	CITY COUNCIL	Introduced	Pass

Title
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 One Million Dollars ($1,000,000) to assist in the development of Woodlands Arboretum & Botanical Gardens Revitalization Project; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.
Body
WHEREAS, The City and the Philadelphia Authority for Industrial Development ("PAID") desire to obtain funds from the Commonwealth of Pennsylvania's Office of the Budget, in an amount not to exceed One Million Dollars ($1,000,000) for the undertaking of approved Capital Budget projects under Section 4(c) of the Housing and Redevelopment Assistance Law as amended; and

WHEREAS, Guidelines issued pursuant to the Housing and Redevelopment Assistance Law, as amended, define a blighted area to include portions of an urban community with economically undesirable land uses; and

WHEREAS, The City and PAID recognize that blighting influences exist due to economically undesirable land use throughout the City; and

WHEREAS, One project ("Project") is being proposed in order to eliminate the existing blighting influence by new construction and renovation of an arboretum; and

WHEREAS, The City and PAID desire to advance the necessary development of the above-referenced Project; and

WHEREAS, The Housing and Community Development Program authorizes PAID to file applications for grants; and

WHEREAS, The Commonwealth regulations require the City and/or its designated project recipients to assume the provision of the full matching share of the project costs above the aggregate amount of One Million Dollars ($1,000,000); and

WHEREAS, The Commonwealth regulations require the City to obligate itself to reimburse the Comm...