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File #: 230408    Version: Name:
Type: Bill Status: ENACTED
File created: 5/11/2023 In control: Committee on Finance
On agenda: Final action: 6/22/2023
Title: Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," to provide for additional extensions of certain benefits, under certain terms and conditions.
Sponsors: Councilmember Johnson, Councilmember O'Neill, Councilmember Gauthier
Indexes: KEYSTONE OPPORTUNITY ZONE
Code sections: 19-3200 - Keystone Opportunity Zone
Attachments: 1. CertifiedCopy23040801.pdf
Title
Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," to provide for additional extensions of certain benefits, under certain terms and conditions.

Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Chapter 19-3200 of The Philadelphia Code is hereby amended to read as follows:

CHAPTER 19-3200. KEYSTONE OPPORTUNITY ZONE, ECONOMIC DEVELOPMENT

* * *

? 19-3203. Authorization of Exemption, Abatement or Credits from Certain Taxes.

* * *

(5) The benefits provided for in subsection (1)(j) shall apply to:

Street Address OPA Account Number

* * *

(sss)
3401 Grays Ferry Avenue
77-3-262100
(ttt)
13000 McNulty Road
88-5-924002
(uuu)
4628 Market Street
88-5-790940
(vvv)
2275 Bridge Street, Unit 111
88-4-529170
(www)
2275 Bridge Street, Unit 111
88-4-529170
(xxx)
2275 Bridge Street, Unit 112
88-4-529175
(yyy)
2275 Bridge Street, Unit 119A
88-4-529186
(zzz)
2275 Bridge Street, Unit 14
88-4-529050
(aaaa)
2275 Bridge Street, Unit 15
88-4-529055
(bbbb)
2275 Bridge Street, Unit 2
88-4-529005
(cccc)
2275 Bridge Street, Unit 219
88-4-529260
(dddd)
2275 Bridge Street, Unit 28
88-4-529065
(eeee)
2275 Bridge Street, Unit 28A
88-4-529070
(ffff)
2275 Bridge Street, Unit 3
88-4-529010
(iiii)
2275 Bridge Street, Unit 40
88-4-529085
(jjjj)
2275 Bridge Street, Unit 220
88-4-529265

* * *

SECTION 2. This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the extension of benefits with respect to certain parcels, and only with respect to such parcels for which an extension is granted, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents on such parcels, all as set fo...

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