Title
Approving a new plan, estimated costs and proposed method of assessment of the Old City Special Services District of Philadelphia for and concerning business improvements and administrative services to the Old City area of the City of Philadelphia, all under certain terms and conditions.
Body
WHEREAS, The Old City Special Services District of Philadelphia (“OCD”) was incorporated as a municipal authority for a term of five years under the provisions of the Municipality Authorities Act, Act of May 2, 1945 (P.L. 382, No. 164) as amended, (the “Act”) and as authorized by Bill No. 970093 (approved May 14, 1997); and
WHEREAS, Bill No. 020737 (approved January 23, 2003) authorized an extension to the term of OCD as a municipal authority to December 31, 2022; and
WHEREAS, Bill No. 130775 (approved January 8, 2014) approved the Plan and Budget for OCD through December 31, 2018; and
WHEREAS, Bill No. 180747 (approved December 12, 2018) authorized an extension to the term of OCD as a municipal authority to December 31, 2038; and
WHEREAS, Bill No. 180749 (approved December 11, 2018) approved the Plan and Budget for OCD through December 31, 2023; and
WHEREAS, Bill No. 230628 (approved November 13, 2023) approved the Plan and Budget for OCD through December 31, 2028; and
WHEREAS, OCD wishes to continue providing business improvements and administrative services to the Old City area of the City of Philadelphia; and
WHEREAS, In accordance with the Act, OCD has recently completed a plan for certain business improvements and services to the Old City area of the City of Philadelphia for fiscal years 2027 – 2033, together with the estimated costs thereof and the proposed method of assessments and charges therefor, and has submitted a copy to City Council, for review and approval, a document entitled “2027-2033: Plan and Budget for the Old City District” (the “Plan”) attached hereto as Exhibit A; and
WHEREAS, OCD mailed to each property owner and to each commercial t...
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