Title
Approving a new plan, estimated costs and proposed method of assessment of the Manayunk Special Services District for and concerning business improvements and administrative services to the Manayunk business district of the City of Philadelphia.
Body
WHEREAS, The Manayunk Special Services District of Philadelphia (the "MSSD") was incorporated as a municipal authority under the provisions of the Municipality Authorities Act, act of May 2, 1945 (P.L. 382, No. 164) as amended, (the "Act") and as authorized by Bill No. 960560-A (approved November 5, 1996); and
WHEREAS, Following its incorporation, the MSSD adopted a five-year plan for business improvements and administrative services to the Manayunk business district, which plan was approved by City Council in Bill No. 970325 (approved July 1, 1997); and
WHEREAS, Bill No. 010605 (approved December 19, 2001) authorized an extension to the term of the MSSD as a municipal authority for ten years through December 31, 2012; and
WHEREAS, Bill No. 020183-A (approved October 2, 2002) approved a new plan and ten year budget for the MSSD through December 31, 2012; and
WHEREAS, The MSSD wishes to continue the business improvement district for ten more years; and
WHEREAS, Bill No. 120617 (introduced June 21, 2012) authorizes an extension to the term of the MSSD as a municipal authority for ten years to December 31, 2022; and
WHEREAS, The MSSD has completed a new Plan and Ten Year Budget for the Manayunk Special Services District (the "Plan"), comprising a detailed plan for certain business improvements and administrative services to the Manayunk business district through December 31, 2022, together with the estimated costs and the proposed method of assessment and charges therefor; and
WHEREAS, After duly advertised public hearings held by the MSSD pursuant to the Act, legally sufficient objections to the Plan have not been received either from persons representing the ownership of one-third (...
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