City of Philadelphia - File #: 121047

• File #: 121047
• Version: 0
• Type: Resolution
• Status: ADOPTED
• File created: 12/13/2012
• In control: CITY COUNCIL
• Final action: 12/13/2012
• Title: Amending Resolution No. 120538, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2013.
• Sponsors: Councilmember Tasco, Councilmember Bass, Councilmember Goode, Councilmember Greenlee, Councilmember Kenney, Councilmember Reynolds Brown, Councilmember Johnson, Councilmember Henon, Councilmember O'Brien, Council President Clarke, Councilmember Green, Councilmember Jones, Councilmember Oh, Councilmember Quiñones Sánchez, Councilmember Squilla, Councilmember Blackwell, Councilmember O'Neill
• Indexes: NEIGHBORHOOD TRANSFORMATION INITIATIVE

Date	Ver.	Action By	Action	Result	Tally
12/13/2012	0	CITY COUNCIL	Introduced and Ordered Placed on This Week's Final Passage Calendar - Rules Suspended	Pass
12/13/2012	0	CITY COUNCIL	ADOPTED

Title

Amending Resolution No. 120538, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2013.

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 2013; and

WHEREAS, Bill No. 010694, as amended by Bill No. 020036, authorizes Council to amend the annual Program Statement and Budget by Resolution; now therefore,

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA,

THAT Section 1 of Resolution No. 120538 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 2013, attached hereto as “Exhibit A,” is hereby amended as follows:

*      *      *

1. $75,000 of CDBG funds included in Exhibit A for acquisition in the 9th Council District shall instead be transferred to the Office of Housing and Community Development to be reprogrammed for CDBG eligible activities in the 8^th and 9^th Council Districts.

1. $75,000 of CDBG funds included in Exhibit A for acquisition in the 8th Council District shall instead be transferred to the Office of Housing and Community Development to be reprogrammed for CDBG eligible activities in the 8^th and 9^th Council Districts.

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Explanation:

Bold underline indicates new matter added.

End