City of Philadelphia - File #: 160325

• File #: 160325
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 4/21/2016
• In control: Committee on Commerce & Economic Development
• Final action: 6/16/2016
• Title: Amending Chapter 17-1600 of The Philadelphia Code, entitled "Economic Opportunity Plans," by modifying the monetary threshold triggering the requirement of an economic opportunity plan on City funded projects or contracts and by modifying the required contents of economic opportunity plans, all under certain terms and conditions.
• Sponsors: Council President Clarke, Councilmember Reynolds Brown
• Indexes: ECONOMIC OPPORTUNITY PLANS
• Code sections: 17-1600 - Economic Opportunity Plans

Date	Ver.	Action By	Action	Result	Tally
6/28/2016	0	MAYOR	SIGNED
6/16/2016	0	CITY COUNCIL	READ AND PASSED	Pass	17:0
6/9/2016	0	CITY COUNCIL	READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR
6/9/2016	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/9/2016	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
5/26/2016	0	Committee on Commerce & Economic Development	HEARING NOTICES SENT
5/26/2016	0	Committee on Commerce & Economic Development	HEARING HELD
5/26/2016	0	Committee on Commerce & Economic Development	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
4/21/2016	0	CITY COUNCIL	Introduced and Referred	Pass

Title
Amending Chapter 17-1600 of The Philadelphia Code, entitled "Economic Opportunity Plans," by modifying the monetary threshold triggering the requirement of an economic opportunity plan on City funded projects or contracts and by modifying the required contents of economic opportunity plans, all under certain terms and conditions.

Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Chapter 17-1600 of The Philadelphia Code is hereby amended to read as follows:

CHAPTER 17-1600. ECONOMIC OPPORTUNITY PLANS

§ 17-1601. Definitions.

(1) Covered Project or Contract. Any of the following, so long as the total value of such contract, development project or financial assistance is reasonably anticipated to exceed [$250,000] $100,000 (notwithstanding any other dollar or percentage minimums set forth in any incorporated definition):

* * *

(f) A development project or contract bid pursuant to funds allocated to the City pursuant to the American Recovery and Reinvestment Act and which is reasonably anticipated to cost the City more than [$250,000] $100,000.

* * *

§ 17-1602. Economic Opportunity Plan Required.

(1) No Covered Project or Contract, shall be approved by City Council unless the Covered Project or Contract contains (a) an Economic Opportunity Plan that comports with the provisions of this Chapter; and (b) a commitment by the applicable contractor, developer or recipient of City financial assistance to comply with the terms of such Plan.

(1.1) No real estate transaction (other than transactions involving exclusively single family homes or exclusively for the development of single family homes) involving a property or properties that either are valued in excess of [$250,000] $100,000; are anticipated, after development, to be valued in excess of [$250,000] $100,000; or are anticipated to be included as part of a multi-parcel development to be valued in excess of [$250,000] $100,000, to which the P...