Title
Establishing a neighborhood improvement district in an area that generally includes both sides of Germantown Avenue from 7640 to 8705, both sides of Bethlehem Pike from 10 to 104 and certain blocks of streets that intersect that portion of Germantown Avenue, to be known as the Chestnut Hill Business Improvement District ("District"); designating the Chestnut Hill Business Improvement District, Inc., a Pennsylvania nonprofit corporation, as the Neighborhood Improvement District Management Association for the District; approving a plan for the District, including a list of proposed improvements and their estimated cost, and providing for assessment fees to be levied on property owners within the District; authorizing the Director of Commerce, on behalf of the City, to execute an agreement with the Chestnut Hill Business Improvement District, Inc. relating to the District; and authorizing the Chestnut Hill Business Improvement District, Inc. to assess property owners within the District a special property assessment fee to be used in accordance with the approved plan; all in accordance with the provisions of the Community and Economic Improvement Act, and under certain terms and conditions.
Body
WHEREAS, Council is authorized by the Community and Economic Improvement Act ("Act") (53 P.S. ยง18101 et. seq.) to establish by ordinance neighborhood improvement districts and to designate certain entities to administer programs and services within such districts in order "to promote and enhance more attractive and safer commercial, industrial, residential and mixed-use neighborhoods; economic growth; increased employment opportunities; and improved commercial, industrial, business districts and business climates;" and
WHEREAS, The purpose of this ordinance is to establish a neighborhood improvement district in the Chestnut Hill area, to be known as the Chestnut Hill Business Improvement District ("District"); and
WHEREAS, All procedures required by the Act ...
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