Authorizing the Committee on Commerce and Economic Development to hold hearings to review the status of neighborhood commercial revitalization in Philadelphia; including a needs assessment of neighborhood commercial corridors and an evaluation of various business district development programs.

WHEREAS, The general purposes of the city's neighborhood commercial revitalization efforts are to create employment opportunities for low and moderate income people, to provide goods or services to low and moderate income neighborhoods, and to prevent or eliminate slum or blight; and

WHEREAS, The Department of Commerce, the Philadelphia Commercial Development Corporation, several community development corporations and others provide staff support to business associations, respond to informational requests, city service requests, and individual business complaints to aid in neighborhood business district development; and

WHEREAS, These entities also assist in the coordination of City-funded public improvement projects and in the identification and assemblage of vacant properties for that purpose; and

WHEREAS, They also assist neighborhood small businesses in obtaining financing for business start-up and expansion from public and private agencies as well as assist individual neighborhood businesses in management, sales promotion, public relations, and inventory;

now therefore

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the Committee on Commerce and Economic Development is hereby authorized to hold hearings to review

the status of neighborhood commercial revitalization in Philadelphia including a needs assessment of neighborhood commercial corridors and an evaluation of various business district development programs.

End