City of Philadelphia - File #: 070744

• File #: 070744
• Version: 0
• Type: Resolution
• Status: ADOPTED
• File created: 9/20/2007
• In control: CITY COUNCIL
• Final action: 9/20/2007
• Title: Amending Resolution No. 070405, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2008.
• Sponsors: Councilmember Campbell, Councilmember Campbell, Councilmember Clarke, Councilmember Clarke, Councilmember Greenlee, Councilmember Greenlee, Councilmember Greenlee, Councilmember Goode, Councilmember Goode, Councilmember Goode, Council President Verna, Council President Verna, Council President Verna, Councilmember Krajewski, Councilmember Krajewski, Councilmember Krajewski, Councilmember Savage, Councilmember Savage, Councilmember Savage, Councilmember Tasco, Councilmember Tasco, Councilmember Tasco, Councilmember DiCicco, Councilmember DiCicco, Councilmember DiCicco, Councilmember Reynolds Brown, Councilmember Reynolds Brown, Councilmember Reynolds Brown, Councilmember Miller, Councilmember Miller, Councilmember Miller, Councilmember Blackwell, Councilmember Blackwell, Councilmember Kenney, Councilmember Kenney, Councilmember O'Neill, Councilmember O'Neill, Councilmember Kelly, Councilmember Kelly

Date	Ver.	Action By	Action	Result	Tally
9/20/2007	0	CITY COUNCIL	ADOPTED
9/20/2007	0	CITY COUNCIL	ADOPTED
9/20/2007	0	CITY COUNCIL	READ
9/20/2007	0	CITY COUNCIL	READ
9/20/2007	0	CITY COUNCIL	Introduced	Pass
9/20/2007	0	CITY COUNCIL	Introduced	Pass

Title

Amending Resolution No. 070405, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2008.

Body

WHEREAS, Pursuant to Bill No. 010694, as amended by Bill No. 020036, Council must approve, by resolution, an annual Program Statement and Budget for the expenditure of proceeds of Neighborhood Transformation Initiative Bonds; and

WHEREAS, Council approved the annual Program Statement and Budget for Fiscal Year 2008; and

WHEREAS, The Basic Systems Repair Program is a vital program for City residents that provides major housing repairs for owner-occupied properties, and Council wishes to make additional funds available for that Program in the 4th Councilmanic District; now, therefore,

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA,

THAT Section 1 of Resolution No. 070405 is hereby amended, as follows:

Section 1.      The annual Program State and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2008, attached hereto as “Exhibit A,” is hereby approved, subject to the following changes:

      (a)      $900,000 $2,200,000 included in Exhibit A for acquisitions in the 4th Councilmanic District and $400,000 included in Exhibit A for vacant property stabilization in the 4th Councilmanic District (for a total of $1,300,000 $2,600,000) shall instead be budgeted for the Basic Systems Repair Program, and shall be made available only for eligible homeowners who reside within the 4th Councilmanic District.

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End