City of Philadelphia - File #: 010694

• File #: 010694
• Version: 1
• Type: Bill
• Status: ENACTED
• File created: 11/29/2001
• In control: Committee on Finance
• Final action: 12/20/2001
• Title: Authorizing and approving (i) the execution and delivery of a Service Agreement between the City of Philadelphia and the Redevelopment Authority relating to a comprehensive neighborhood transformation program for revitalization, renewal, redevelopment and transformation of blighted areas within the City of Philadelphia and other activities to promote the health, safety and welfare of the residents of the City of Philadelphia; (ii) the issuance by the Redevelopment Authority of bonds, notes or other evidence of indebtedness in one or more series, to pay the costs of the neighborhood transformation program; and (iii) the obligation of the City of Philadelphia to pay in full when due the Service Fee and other amounts payable under the Service Agreement; authorizing certain City officers to take certain actions required to issue bonds; covenanting that the City of Philadelphia will make necessary appropriations in each of the City's fiscal years to provide for Service Fee and other amounts...
• Sponsors: Council President Verna, Councilmember Blackwell
• Indexes: REDEVELOPMENT AUTHORITY

Date	Ver.	Action By	Action	Result	Tally
1/29/2002	1	MAYOR	NO ACTION TAKEN
12/20/2001	1	CITY COUNCIL	READ
12/20/2001	1	CITY COUNCIL	PASSED	Pass	17:0
12/13/2001	1	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
12/13/2001	1	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
12/12/2001	0	Committee on Finance	HEARING HELD
12/12/2001	0	Committee on Finance	RECESSED
12/12/2001	0	Committee on Finance	HEARING HELD
12/12/2001	1	Committee on Finance	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
12/12/2001	0	Committee on Finance	AMENDED
12/11/2001	0	Committee on Finance	HEARING NOTICES SENT
12/11/2001	0	Committee on Finance	HEARING HELD
12/11/2001	0	Committee on Finance	RECESSED
11/29/2001	0	CITY COUNCIL	Referred
11/29/2001	0	CITY COUNCIL	Introduced	Pass

Title
Authorizing and approving (i) the execution and delivery of a Service Agreement between the City of Philadelphia and the Redevelopment Authority relating to a comprehensive neighborhood transformation program for revitalization, renewal, redevelopment and transformation of blighted areas within the City of Philadelphia and other activities to promote the health, safety and welfare of the residents of the City of Philadelphia; (ii) the issuance by the Redevelopment Authority of bonds, notes or other evidence of indebtedness in one or more series, to pay the costs of the neighborhood transformation program; and (iii) the obligation of the City of Philadelphia to pay in full when due the Service Fee and other amounts payable under the Service Agreement; authorizing certain City officers to take certain actions required to issue bonds; covenanting that the City of Philadelphia will make necessary appropriations in each of the City's fiscal years to provide for Service Fee and other amounts due under the Service Agreement; and covenanting that the City of Philadelphia will make payments of the Service Fee and other amounts due under the Service Agreement; all under certain terms and conditions.
IMPORTANT NOTE: DUE TO COMPLEX FORMATTING CONTAINED WITHIN THIS DOCUMENT, ALL PRINTED VERSIONS OF THIS DOCUMENT SHOULD BE PRINTED USING THE FILES UNDER THE ATTACHMENT OPTION (TextFile01069400 (Pink Bill) TextFile01069401 (Amended Pink Bill).doc) ONLY!! THESE VERSIONS HAVE BEEN PROPERLY FORMATTED FOR PRINTING.
Body
WHEREAS, The City of Philadelphia (the "City") and the Redevelopment Authority of the City of Philadelphia (the "RDA") have determined that the RDA will, at the direction and with the cooperation of the City, undertake a comprehensive neighborhood transformation program for revitalization, renewal, redevelopment and transformation of blighted areas within the City and other activities to promote the health, safety and welfare of the residents of the City...