City of Philadelphia - File #: 110400

• File #: 110400
• Version: 0
• Type: Resolution
• Status: WITHDRAWN
• File created: 5/12/2011
• In control: CITY COUNCIL
• Title: Amending Resolution No. 100518, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2011.
• Sponsors: Councilmember Tasco, Councilmember Greenlee, Councilmember Goode, Councilmember Clarke, Councilmember Rizzo, Councilmember DiCicco, Council President Verna, Councilmember Kenney, Councilmember Jones, Councilmember Miller, Councilmember Sanchez, Councilmember Reynolds Brown, Councilmember O'Neill, Councilmember Green, Councilmember Blackwell

Date	Ver.	Action By	Action	Result	Tally
6/23/2011	0	CITY COUNCIL	WITHDRAWN
6/23/2011	0	CITY COUNCIL	READ
5/12/2011	0	CITY COUNCIL	Introduced and Ordered Placed On Next Week's Final Passage Calendar	Pass

Title

Amending Resolution No. 100518, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2011.

Body

WHEREAS, Pursuant to Bill No. 010694, as amended by Bill No. 020036, Council must approve, by resolution, an annual Program Statement and Budget for the expenditure of proceeds of Neighborhood Transformation Initiative bonds; and

WHEREAS, Council approved the annual Program Statement and Budget for Fiscal Year 2011; and

WHEREAS, The Commercial Corridor Support program is a vital program for City businesses that provides needed improvements to these corridors throughout the City and, in the 9^th Council District, this type of public investment is needed to improve neighborhood business districts; and

WHEREAS, NTI Bond proceeds have been used to clear and assemble parcels for the redevelopment of the Logan Triangle area of the 9^th Council District and management information providers are needed to evaluate geotechnical issues in preparation of the redevelopment of this area; now, therefore,

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA,

THAT Section 1 of Resolution No. 100518 is hereby amended, as follows:

Section 1. The annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2011, attached hereto as “Exhibit A,” is hereby approved, subject to the following changes:

*      *      *

      (a)      $1,500,000 included in Exhibit A for land acquisition in the 9th Council District shall instead be budgeted for Commercial Corridor Support for projects in the 9^th Council District.

      (b)      $150,000 included in Exhibit A for land acquisition in the 9th Council District shall instead be budgeted for Other MIS for projects in the 9^th Council District.

End