City of Philadelphia - File #: 000610

• File #: 000610
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 9/28/2000
• In control: Committee of the Whole
• Final action: 12/14/2000
• Title: Creating the Avenue of the Arts Garage Tax Increment Financing District and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the Avenue of the Arts Garage Tax Increment Financing District being the area generally bounded by Sixteenth Street on the west, Latimer Street on the north, Spruce Street on the south, and Fifteenth Street on the east and making certain findings and declarations, all in accordance with the Tax Increment Financing Act, being the Act of July 11, 1990, P.L. 465, No. 113, as amended, and authorizing the Director of Finance and other officers of the City to execute documents and do all things necessary to carry out the intent of this Ordinance.
• Sponsors: Councilmember Clarke
• Indexes: PAID, TIFD - AVENUE OF THE ARTS GARAGE

Date	Ver.	Action By	Action	Result	Tally
1/23/2001	0	MAYOR	SIGNED
12/14/2000	0	CITY COUNCIL	READ
12/14/2000	0	CITY COUNCIL	PASSED	Pass	15:1
12/7/2000	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
11/16/2000	0	CITY COUNCIL	ORDERED PRINTED AND PLACED ON NEXT FIRST READING CALENDAR	Pass
11/14/2000	0	Committee of the Whole	HEARING HELD
11/14/2000	0	Committee of the Whole	REPORTED FAVORABLY
9/28/2000	0	CITY COUNCIL	Referred
9/28/2000	0	CITY COUNCIL	Introduced	Pass

Title
Creating the Avenue of the Arts Garage Tax Increment Financing District and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the Avenue of the Arts Garage Tax Increment Financing District being the area generally bounded by Sixteenth Street on the west, Latimer Street on the north, Spruce Street on the south, and Fifteenth Street on the east and making certain findings and declarations, all in accordance with the Tax Increment Financing Act, being the Act of July 11, 1990, P.L. 465, No. 113, as amended, and authorizing the Director of Finance and other officers of the City to execute documents and do all things necessary to carry out the intent of this Ordinance.
Body
WHEREAS, In accordance with the provisions of the Urban Redevelopment Law, being the Act of May 24, 1945, P.L. 991, as amended and supplemented, and the Tax Increment Financing Act, being the Act of July 11, 1990, P.L. 465, No. 113, as amended, the City Planning Commission of the City of Philadelphia ("Commission") has certified the Center City Redevelopment Area as a redevelopment area, and the Commission has completed a detailed redevelopment area plan for the Center City Redevelopment Area; and

WHEREAS, In conformity with this redevelopment area plan, the Philadelphia Authority for Industrial Development ("PAID") has prepared a detailed project plan for the redevelopment of a portion of the Center City Redevelopment Area designated as the Avenue of the Arts Garage Tax Increment Financing District ("District"), which project plan has been prepared by PAID and submitted by PAID for approval by the City Council pursuant to the Tax Increment Financing Act; and

WHEREAS, The Commission has submitted to the City Council its report and recommendations respecting the redevelopment of the District, the determination of blight, and has certified that the said project plan conforms to the comprehensive plan for the City a...