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File #: 160612    Version: Name:
Type: Bill Status: ENACTED
File created: 6/9/2016 In control: Committee on Rules
On agenda: Final action: 10/27/2016
Title: Establishing a neighborhood improvement district consisting of a parcel located at the northeast corner of 15th Street and Chestnut Street, commonly known as 1441 Chestnut Street, to be known as the Headquarter Hotel Neighborhood Improvement District; designating Philadelphia Authority for Industrial Development to serve as Neighborhood Improvement District Management Association for the District; approving a plan for the District, including a list of proposed improvements and their estimated cost, and providing for special financing assessments to be levied on property owners within the District to secure the repayment of tax increment financing indebtedness; authorizing the Director of Commerce, on behalf of the City, to execute an agreement with the Neighborhood Improvement District Management Association for the District; and authorizing the Neighborhood Improvement District Management Association to assess property owners within the District and, under certain conditions, collect ...
Sponsors: Council President Clarke, Councilmember Greenlee
Indexes: HEADQUARTER HOTEL NEIGHBORHOOD IMPROVEMENT DISTRICT, PAID
Attachments: 1. 160612 - Exhibit Set, As Introduced.pdf, 2. CertifiedCopy16061201.pdf
Date Ver.Action ByActionResultAction DetailsVideo
11/16/20161 MAYOR SIGNED  Action details Not available
10/27/20161 CITY COUNCIL READ AND PASSEDPass Action details Not available
9/15/20161 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR  Action details Not available
9/8/20161 CITY COUNCIL ORDERED PRINTED AND PLACED ON NEXT FIRST READING CALENDARPass Action details Not available
9/7/20160 Committee on Rules HEARING NOTICES SENT  Action details Not available
9/7/20160 Committee on Rules HEARING HELD  Action details Not available
9/7/20160 Committee on Rules AMENDED  Action details Not available
9/7/20161 Committee on Rules REPORTED FAVORABLY  Action details Not available
6/9/20160 CITY COUNCIL Introduced and ReferredPass Action details Not available
Title
Establishing a neighborhood improvement district consisting of a parcel located at the northeast corner of 15th Street and Chestnut Street, commonly known as 1441 Chestnut Street, to be known as the Headquarter Hotel Neighborhood Improvement District; designating Philadelphia Authority for Industrial Development to serve as Neighborhood Improvement District Management Association for the District; approving a plan for the District, including a list of proposed improvements and their estimated cost, and providing for special financing assessments to be levied on property owners within the District to secure the repayment of tax increment financing indebtedness; authorizing the Director of Commerce, on behalf of the City, to execute an agreement with the Neighborhood Improvement District Management Association for the District; and authorizing the Neighborhood Improvement District Management Association to assess property owners within the District and, under certain conditions, collect or cause to be collected a special financing assessment to be used in accordance with the approved plan and approved tax increment financing plan; all in accordance with the provisions of the Community and Economic Improvement Act.

Body
WHEREAS, Council of the City of Philadelphia is authorized by the Community and Economic Improvement Act, Act of December 21, 1998, P.L. 1307, No. 174 (53 P.S. ยง18101 et seq.), as heretofore amended, including by Act of May 24, 2016, No. 32 and the Act of May 24, 2016, No. 28 and as the same may be further amended, restated, or supplemented from time to time (as so amended, the "Act"), to establish, by ordinance, neighborhood improvement districts and to designate certain entities to impose special financing assessments and administer programs and services within such districts in order "to promote and enhance more attractive and safer commercial, industrial, residential and mixed-use neighborhoods; economic growth; increased employ...

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