City of Philadelphia - File #: 000395

• File #: 000395
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 6/1/2000
• In control: Committee on Finance
• Final action: 6/22/2000
• Title: Authorizing the Philadelphia Authority for Industrial Development ("PAID") to file an application with the Office of the Budget, Commonwealth of Pennsylvania, under the Capital Redevelopment Assistance Program, in an aggregate amount not to exceed Thirty-four Million Dollars ($34,000,000) to assist in the development of the Blue Horizon, Nueva Esperanza, Asociacion de Musicos Latinos Performing Arts Center, the Congreso de Latinos Unidos Inc. Community Center, the Please Touch Museum, and the Franklin Institute.
• Sponsors: Councilmember Blackwell
• Indexes: PAID

Date	Ver.	Action By	Action	Result	Tally
9/12/2000	0	MAYOR	SIGNED
6/22/2000	0	CITY COUNCIL	READ
6/22/2000	0	CITY COUNCIL	PASSED	Pass	16:0
6/15/2000	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/15/2000	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/15/2000	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/14/2000	0	Committee on Finance	HEARING HELD
6/14/2000	0	Committee on Finance	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/1/2000	0	CITY COUNCIL	Referred
6/1/2000	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 Capital Redevelopment Assistance Program, in an aggregate amount not to exceed Thirty-four Million Dollars ($34,000,000) to assist in the development of the Blue Horizon, Nueva Esperanza, Asociacion de Musicos Latinos Performing Arts Center, the Congreso de Latinos Unidos Inc. Community Center, the Please Touch Museum, and the Franklin Institute.
Body
WHEREAS, The City and the Philadelphia Authority for Industrial Development ("PAID") are desirous of obtaining funds from the Commonwealth of Pennsylvania's Office of the Budget in an amount not to exceed Thirty-four Million Dollars ($34,000,000) 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 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 in Center City Philadelphia, North Philadelphia, South Philadelphia, Kensington, Penn's Landing, and Point Breeze; and

WHEREAS, Seven projects ("Projects") are being proposed within such areas and the proposed Projects will eliminate the existing blighting influence by renovating facilities to house educational and cultural 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 local share of the project costs above the agg...