Title
Amending Bill No. 100163-AA, entitled "An Ordinance authorizing the City of Philadelphia to organize an authority to be known as The Philadelphia Energy Authority, pursuant to the terms of the 'Municipalities Authorities Act,' of 2001, June 19, P.L. 287, No. 22, as amended, under certain terms and conditions," to expand the responsibilities and powers of the Authority and authorizing an amendment to its Articles of Incorporation, all under certain terms and conditions.
Body
WHEREAS, Bill No. 100163-AA, adopted July 29, 2010, authorized the organization of the Philadelphia Energy Authority, pursuant to the provisions of the Municipality Authorities Act of 1945, as amended, 53 Pa. C.S. § 5601 et seq.;
WHEREAS, That ordinance set forth the responsibilities and powers of the Authority; and
WHEREAS, It is desirable to expand upon the responsibilities, purposes and powers of Authority; now, therefore
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Section 1 of Bill No. 100163-AA is hereby amended as follows (additions in Bold; deletions in Strikethrough):
SECTION 1. The municipal authorities of the City of Philadelphia are authorized to organize an Authority pursuant to the Municipality Authorities Act, 53 Pa. C.S. § 5601 et seq. (the "Act"). The Authority's purposes and responsibilities shall be limited to actions for and concerning (i) the development, or facilitation and/or financing of energy storage and/or generation projects, (ii) the development, or facilitation and/or financing of energy efficiency projects, and (iii) the purchase or facilitation of energy supply and energy services on behalf of the City of Philadelphia, government agencies, institutions and businesses, as well as the education of consumers regarding choices available in the marketplace, as permitted by the aforesaid "Municipality Authorities Act." and (iv) the promotion of a vital clean energy sector of the Philadelphia economy an...
Click here for full text