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File #: 130686    Version: Name:
Type: Bill Status: ENACTED
File created: 10/3/2013 In control: Committee on Finance
On agenda: Final action: 12/12/2013
Title: Creating the Headquarter Hotel Tax Increment Financing District, being the area generally bounded by South Penn Square on the north, Broad Street on the east, 15th Street on the west, and Chestnut Street on the south and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the Headquarter Hotel Tax Increment Financing District 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 offices of the City to execute documents and do all things necessary to carry out the intent of this Ordinance.
Sponsors: Council President Clarke, Councilmember Greenlee
Indexes: HEADQUARTER HOTEL TAX INCREMENT FINANCING DISTRICT, PAID, TAX INCREMENT FINANCING DISTRICT
Attachments: 1. 130686 - Exhibit A, As Amended.pdf, 2. Bill No. 13068601, As Amended.pdf, 3. CertifiedCopy13068601.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
12/18/20131 MAYOR SIGNED   Action details Not available
12/12/20131 CITY COUNCIL PASSEDPass15:1 Action details Not available
11/14/20131 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
11/14/20131 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
11/14/20131 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
11/7/20130 Committee on Finance HEARING NOTICES SENT   Action details Not available
11/7/20130 Committee on Finance HEARING HELD   Action details Not available
11/7/20130 Committee on Finance AMENDED   Action details Not available
11/7/20131 Committee on Finance REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
10/3/20130 CITY COUNCIL Introduced and ReferredPass  Action details Not available
Title
Creating the Headquarter Hotel Tax Increment Financing District, being the area generally bounded by South Penn Square on the north, Broad Street on the east, 15th Street on the west, and Chestnut Street on the south and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the Headquarter Hotel Tax Increment Financing District 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 offices 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 Philadelphia 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 Headquarter Hotel 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 as a whole; an...

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