City of Philadelphia - File #: 060381

• File #: 060381
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/11/2006
• In control: Committee on Finance
• Final action: 6/15/2006
• 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 Two Million Five Hundred Thousand Dollars ($2,500,000) to assist in the development of La Salle University Science and Technology Center, Lutheran Theological Seminary, and Pleasant Playground; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.
• Sponsors: Councilmember Miller
• Indexes: PAID

Date	Ver.	Action By	Action	Result	Tally
9/14/2006	0	MAYOR	SIGNED
6/15/2006	0	CITY COUNCIL	PASSED	Pass	15:0
6/15/2006	0	CITY COUNCIL	READ
6/8/2006	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/8/2006	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/8/2006	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/6/2006	0	Committee on Finance	HEARING HELD
6/6/2006	0	Committee on Finance	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/5/2006	0	Committee on Finance	HEARING NOTICES SENT
6/5/2006	0	Committee on Finance	RECESSED
5/24/2006	0	Committee on Finance	HEARING NOTICES SENT
5/11/2006	0	CITY COUNCIL	Referred
5/11/2006	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 Two Million Five Hundred Thousand Dollars ($2,500,000) to assist in the development of La Salle University Science and Technology Center, Lutheran Theological Seminary, and Pleasant Playground; 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 Two Million Five Hundred Thousand Dollars ($2,500,000) 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, Three projects ("Projects") are being proposed in order to eliminate the existing blighting influence by renovating facilities to house educational, and health and community service delivery facilities; and

WHEREAS, The City and PAID desire to advance the necessary development of the above-referenced Projects; 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 Two Mill...