Title
Terminating the Frankford Special Services District ("District"), a neighborhood improvement district, all under certain terms and conditions.
Body
WHEREAS, Bill No. 940638, approved May 27, 1995, authorized the City of Philadelphia to organize a Municipal Authority, known as "The Frankford Special Services District of Philadelphia" ("Authority"), pursuant to the provisions of the Municipality Authorities Act of 1945, P.L. 382, as amended, ("Act"); and
WHEREAS, The Authority was created for a term of five (5) years, as set forth in its Articles of Incorporation, approved by Bill No. 940638; and
WHEREAS, Following the Authority's incorporation, and in accordance with the Municipality Authorities Act of 1945, a five-year plan, adopted by the Authority for business improvements and administrative services to the Frankford Special Services District ("District"), was approved by Bill No. 960233, on July 5, 1996; and
WHEREAS, Bill No. 000541 (approved December 19, 2000) adopted an amendment to the Authority's Articles of Incorporation, extending the term of the Authority to December 31, 2005; and
WHEREAS, Bill No. 010100 (approved April 18, 2001) approved a new plan for the District for certain business improvements and administrative services through 2005; and
WHEREAS, The terms of both the Authority and the District expired on December 31, 2005; and
WHEREAS, Bill No. 060957 (approved April 12, 2007) authorized the City Solicitor to file a Municipal Statement of Revival with the Secretary of the Commonwealth, in accordance with the Municipality Authorities Act of 1945 in order to retroactively revive and extend the term of the Authority to December 31, 2011; and
WHEREAS, Bill No. 070540 (approved January 3, 2008) reestablished the District, in accordance with the provisions of the Community and Economic Improvement Act ("Act") (53 P.S. ยง 18101 et seq.) until December 31, 2012, and designated the Authority as the Neighborhood...
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