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File #: 120800    Version: Name:
Type: Bill Status: ENACTED
File created: 10/11/2012 In control: Committee on Rules
On agenda: Final action: 12/13/2012
Title: Approving the plan, estimated costs and proposed method of assessment and charges of the Center City District (the "Authority") for and concerning business improvements and administrative services to the central business district of the City of Philadelphia for 2013-2017; amending an Ordinance (Bill No. 1069, approved November 2, 1990, as amended by Bill No. 960631, approved November 25, 1996) adopted pursuant to the "Municipality Authorities Act of 1945," P.L. 382, as amended (the "Act") in order to add to the district to be served by the Authority the properties on the east and west sides of the blocks of South Broad street between Pine street and Lombard street, but including only those properties fronting on South Broad street (the "Added Properties"); authorizing the extension until 2045 of the term of the Authority pursuant to the provisions of the Act to enable the refinancing of existing debt; authorizing a change to the registered office address of the Authority; and approving...
Sponsors: Council President Clarke, Councilmember Squilla
Indexes: CENTER CITY DISTRICT, PHILADELPHIA MUNICIPAL AUTHORITY
Attachments: 1. 120800 - Exhibit Set As Amended.pdf, 2. CertifiedCopy12080001.pdf
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
12/21/20121 MAYOR SIGNED   Action details Meeting details Not available
12/13/20121 CITY COUNCIL READ AND PASSEDPass17:0 Action details Meeting details Not available
12/6/20121 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Meeting details Not available
12/6/20121 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Meeting details Not available
12/6/20121 CITY COUNCIL ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR   Action details Meeting details Not available
12/4/20120 Committee on Rules HEARING NOTICES SENT   Action details Meeting details Not available
12/4/20120 Committee on Rules HEARING HELD   Action details Meeting details Not available
12/4/20120 Committee on Rules AMENDED   Action details Meeting details Not available
12/4/20121 Committee on Rules REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Meeting details Not available
10/11/20120 CITY COUNCIL Introduced and ReferredPass  Action details Meeting details Not available
Title
Approving the plan, estimated costs and proposed method of assessment and charges of the Center City District (the "Authority") for and concerning business improvements and administrative services to the central business district of the City of Philadelphia for 2013-2017; amending an Ordinance (Bill No. 1069, approved November 2, 1990, as amended by Bill No. 960631, approved November 25, 1996) adopted pursuant to the "Municipality Authorities Act of 1945," P.L. 382, as amended (the "Act") in order to add to the district to be served by the Authority the properties on the east and west sides of the blocks of South Broad street between Pine street and Lombard street, but including only those properties fronting on South Broad street (the "Added Properties"); authorizing the extension until 2045 of the term of the Authority pursuant to the provisions of the Act to enable the refinancing of existing debt; authorizing a change to the registered office address of the Authority; and approving estimated costs for debt service through 2045; all under certain terms and conditions.
Body

WHEREAS, Under the Act, the City, in an ordinance approved on March 28, 1990 (Bill No. 727), authorized the organization of an authority then known as the Special Services District of Central Philadelphia for the purpose of making business improvements and providing administrative services, as those terms are defined in the Act, to the central business district of the City of Philadelphia; and

WHEREAS, Articles of Incorporation were filed with the Secretary of the Commonwealth and the Authority was incorporated on May 4, 1990; and

WHEREAS, In accordance with the requirements of the Act, the Authority completed a plan for business improvements and administrative services to be made and provided through the 1995 fiscal year of the Authority to the central business district of the City of Philadelphia, and the Authority held public hearings respec...

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