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Recognizing and honoring Terrence Foley for fifteen years of committed service as the President and Chief Executive Officer of the City Avenue Special Services District in the 4th Councilmanic District of the City of Philadelphia.
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WHEREAS, Terrence Foley became the President and CEO of the City Avenue Special Services District (CASSD) in 2006. Since then, he has been a major driving force in many major district development projects; and
WHEREAS, CASSD works with businesses, property owners, developers and residents to shape the important corridor of City Avenue. CASSD has formed a unique partnership between the City of Philadelphia and Lower Merion Township in Montgomery County as the first mutli-jurisdictional special services or business improvement district in Philadelphia; and
WHEREAS, Foley has been an integral part of the development of the City Avenue area. He secured over $14 million in funding for capital projects like streetscape and lighting projects, and $10 million for the City Avenue streetscape and safety improvement program; and
WHEREAS, Under Foley’s leadership of CASSD, there was a 63% drop in and stabilization of major crime-which was a main objective for the district; and
WHEREAS, Foley led the efforts that contributed to critical zoning redesignations in the Philadelphia portion of the district in 2009, and in Lower Merion in 2012. This has allowed for the redevelopment of several properties to account for high density, mixed use, and pedestrian oriented projects; and
WHEREAS, Foley has secured funding for numerous capital projects that position the district for continued growth and success in the future; and
WHEREAS, Foley’s leadership in the transformation of City Avenue from a transit-oriented corridor to a pedestrian and business friendly-hub of residences and entertainment should be memorialized; now, therefore, be it
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the dedicated service of Terrence Foley to The City of Philadelphia and City Avenue Special Services District be recognized and memorialized by virtue of this resolution.
FURTHER RESOLVED, That an Engrossed copy of this resolution be presented to Terrence Foley, as evidence of the sincere admiration and respect of this legislative body.
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