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File #: 180600-A    Version: Name:
Type: Bill Status: ENACTED
File created: 6/7/2018 In control: Committee on Finance
On agenda: Final action: 9/20/2018
Title: Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," by providing for further Keystone Opportunity Expansion Zones, under certain terms and conditions.
Sponsors: Council President Clarke, Councilmember Blackwell
Indexes: KEYSTONE OPPORTUNITY ZONE
Code sections: 19-3200 - Keystone Opportunity Zone
Attachments: 1. CertifiedCopy180600-A02.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
9/20/20182 CITY COUNCIL READ AND PASSEDPass16:1 Action details Not available
9/20/20182 MAYOR SIGNED   Action details Not available
9/13/20181 CITY COUNCIL READ   Action details Not available
9/13/20182 CITY COUNCIL ORDERED PLACED ON FINAL PASSAGE CALENDAR FOR NEXT MEETING.   Action details Not available
9/13/20182 CITY COUNCIL AMENDED   Action details Not available
6/21/20181 CITY COUNCIL SUSPEND THE RULES OF THE COUNCIL   Action details Not available
6/21/20181 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
6/21/20181 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
6/20/20180 Committee on Finance HEARING NOTICES SENT   Action details Not available
6/20/20180 Committee on Finance HEARING HELD   Action details Not available
6/20/20180 Committee on Finance AMENDED   Action details Not available
6/20/20181 Committee on Finance REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
6/7/20180 CITY COUNCIL Introduced and ReferredPass  Action details Not available

Title

Amending Chapter 19-3200 of The Philadelphia Code, entitled “Keystone Opportunity Zone, Economic Development District, and Strategic Development Area,” by providing for further Keystone Opportunity Expansion Zones, under certain terms and conditions.

 

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

 

SECTION 1.                     Chapter 19-3200 of The Philadelphia Code is amended to read as follows:

 

CHAPTER 19-3200.  KEYSTONE OPPORTUNITY ZONE, ECONOMIC DEVELOPMENT DISTRICT, AND STRATEGIC DEVELOPMENT AREA.

 

§ 19-3201.  Designation of Zone.

 

                     *     *     *

 

                     (8)                     The following parcels shall collectively constitute the 2018 Philadelphia Keystone Opportunity Expansion Zone:

 

                     Street Address                                                                                    OPA Number

 

(a)                     1224-28 Frankford Avenue                                          884587800

(b)                     1253 Leopard Street                                                               182010310

(c)                     1201 S. 35th Street                                                               884122700

(d)                     5210 Lindbergh Blvd                                                               885904640

(e)                     2414 Weccacoe Avenue                                          884138714

(f)                     10 Wolf Street                                                                                    885987000

(g)                     3775 Kensington Avenue                                          884847300

(h)                     3700-40 Kensington Avenue                                          884110700

(i)                     3800R-60 N. 2nd Street                                          884038510

(j)                     956 E. Erie Avenue                                                               884108500

(k)                     1801 E. Huntingdon Street                                          882020560

(l)                     1807-1827 E. Huntingdon Street                     884715100

(m)                     5000 Summerdale Avenue                                          885895040

(n)                     13000 McNulty Road                                                               885924002

(o)                     2703 Black Lake Place                                          885090100

(p)                     1230-32 Frankford Ave                                          885164620

(q)                     1234 Frankford Ave                                                               885164760

(r)                     1236 Frankford Ave                                                               885931000

(s)                     1238 Frankford Ave                                                               182000900

(t)                     1240 Frankford Ave                                                               182001010

(u)                     215-51 W Erie Ave                                                               884040500

(v)                     219-225 Cecil B Moore Ave                                          885179020

(w)                     233-63 W. Lehigh Ave                                                               882063740

(x)                     2128 N Front Street                                                               885900087

(y)                     2130 N Front Street                                                               885200660

(z)                     2132 N Front Street                                                               885200680

(aa)                     2134-36 N Front Street                                          885900097

(bb)                     2140 N Front Street                                                               885200720

(cc)                     2142 N Front Street                                                               885201000

(dd)                     2900 N 17th Street                                                               881427020

(ee)                     2275 Bridge Street Unit 101                      884529140

(ff)                     2275 Bridge Street Unit 201A                      884529236

(gg)                     2275 Bridge Street Unit 201 B                      884529237

(hh)                     2275 Bridge Street Unit 201 C                      884529238

(ii)                     2275 Bridge Street Unit 202 A                      884529241

(jj)                     2275 Bridge Street Unit 202 B                      884529242

(kk)                     2275 Bridge Street Unit 202 C                      884529243

(ll)                     2275 Bridge Street Unit 202 D                      884529244

(mm)                     2275 Bridge Street Unit 208 A                      884529246

(nn)                     2275 Bridge Street Unit 208 B                      884529247

(oo)                     2275 Bridge Street Unit 208 C                      884529248

(pp)                     2275 Bridge Street Unit 208 D                      884529249

(qq)                     2275 Bridge Street Unit 208 E                       884529261

(rr)                     2275 Bridge Street Unit 208 F                      884529262

(ss)                     2275 Bridge Street Unit 209 A                      884529251

(tt)                     2275 Bridge Street Unit 209 B                      884529252

(uu)                     2275 Bridge Street Unit 209 C                      884529253

(vv)                     2275 Bridge Street Unit 209 D                      884529254

(ww)                     2275 Bridge Street Unit 209 E                      884529263

(xx)                     2275 Bridge Street Unit 209 F                      884529264

(yy)                     2275 Bridge Street Unit 210 A                      884529256

(zz)                      2275 Bridge Street Unit 210 B                      884529257

(A1)                     2275 Bridge Street Unit 210 C                      884529258

(A2)                      2275 Bridge Street Unit 210 D                     884529259

(A3)                      2275 Bridge Street Unit 210 E                     884529266

(A4)                      2275 Bridge Street Unit 210 F                     884529267

 (A5)                      246-72 W Berks Street                      884080100

(A6)                      5000 Flat Rock Road                     884084504

(A7)                      2500 N American Street                     885182573

(A8)                      2501 N American Street                     885182580

(A9)                      2730 N American Street                     885250320

(A10)                      1325 Beach Street                     884351717

(A11)                       2700-34 N Broad Street                     884067000

(A12)                      2801-11 N American Street                     885250000

(A13)                      2425-39 N American Street                     885935400

(A14)                      4518 Wayne Ave                     885130500

(A15)                      133 Berkley Street                     885827760

(A16)                      113-29 Berkley Street                     884561100

 

 

§ 19-3202.  Definitions.

 

                     *     *     *

 

                     (13)                     "Zone." The Philadelphia Keystone Opportunity Zone, the Philadelphia Keystone Opportunity Expansion Zone, the Philadelphia Keystone Opportunity Improvement Zone, the Philadelphia Economic Development District, the Philadelphia Strategic Development Area, the Additional Philadelphia Keystone Opportunity Expansion Zone, [or] the Additional Philadelphia Keystone Opportunity Zone, or the 2018 Philadelphia Keystone Opportunity Expansion Zone.

 

§ 19-3203.  Authorization of Exemption, Abatement or Credits from Certain Taxes.

 

                     (1)                     The provisions set forth in subsections (.1) through (.6) below, shall apply as follows:

 

                                          *     *     *

 

                                          (i)  effective January 1, 2017, and continuing through and including December 31, 2026, with respect to real property or business activity, as applicable, attributable to those parcels in the Additional Keystone Opportunity Expansion Zone established by the enactment of subsection (6) of Section [19-3201:] 19-3201;

 

                                          *     *     *

 

                                          (k)  effective January 1, 2018, or such later date as authorized by the General Assembly, and continuing through and including December 31, 2028, or such other date as authorized by the General Assembly, not to exceed ten years from commencement, with respect to real property or business activity, as applicable, attributable to those parcels in the Additional Keystone Opportunity Zone established by the enactment of subsection (7) of Section [19-3201:] 19-3201;

 

                                          (l) effective January 1, 2019, and continuing through and including December 31, 2028, with respect to real property or business activity, as applicable, attributable to those parcels in the 2018 Keystone Opportunity Expansion Zone established by the enactment of subsection (8) of Section 19-3201:

 

                                                               (.1)  Subject to the conditions * * *

 

                                                               *     *     *

 

SECTION 2.  Where this Ordinance authorizes designation of a subparcel for abatements or exemptions, the authorization is contingent on formal subdivision of the property so that the subparcel becomes a separate parcel, with a unique OPA number.

 

 

SECTION 3.  This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the establishment of an additional Keystone Opportunity Expansion Zone, as provided for in the Act of 2016, P.L. 526, No. 84, as amended by the Act of 2017, P.L. 672, No. 43, and only with respect to parcels within such boundaries as are approved therein, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, Act of October 6, 1998, P.L. 705, No. 92, as amended.

 

 

 

___________________________________

Explanation:

 

[Brackets] indicate matter deleted.

Italics indicate new matter added.

 

End