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Back to search resultsResolution 071011

Amending Resolution No. 070405, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2008.

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File details

Status
Adopted
Type
Resolution
Introduced
November 15, 2007
Sponsors
CKCouncilmember KrajewskiCKCouncilmember Krajewski

Full Bill

WHEREAS, Pursuant to Bill No. 010694, as amended by Bill No. 020036, Council must approve, by resolution, an annual Program Statement and Budget for the expenditure of proceeds of Neighborhood Transformation Initiative Bonds; and

WHEREAS, Council approved the annual Program Statement and Budget for Fiscal Year 2008 through its adoption of Resolution No. 070405, and through amendments to that Resolution adopted by Resolution No. 070588, Resolution No. 070598, and Resolution No. 070744; and

WHEREAS, Council wishes to make additional NTI funds available for vacant property stabilization in the 6th Councilmanic District; now, therefore,

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA,

THAT Section 1 of Resolution No. 070405 is hereby amended, as follows:

Section 1. The annual Program State and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2008, attached hereto as “Exhibit A,” is hereby approved, subject to the following changes:

* * *

(d)

$1,000,000 included in Exhibit A for acquisitions in the 6th Councilmanic District shall instead be budgeted for vacant property stabilization in the 6th Councilmanic District, and such funds may be used for any activity in such District approved for the expenditure of NTI tax-exempt government and taxable bond proceeds such as stabilization, public safety demolition, and grants for physical improvements to public infrastructure, such as streetscape, gateway improvement, and publicly owned facilities.

End

Timeline

File history

A file can move through several public steps, including introduction, hearings, amendments, votes and final action. This timeline puts those events in date order, groups routine entries from the same day, and attaches published member votes to the action they record.

  1. UnanimousCITY COUNCIL

    Introduced

    Marked unanimous; no member-by-member tally published.

    Pass
    Official action detail

    A motion was made by Councilmember Krajewski that this matter be Introduced. The motion carried unanimously.

    Source: LegislationDetail.aspx · gridLegislation

    Council ActionCITY COUNCIL

    READ

    Other recorded action without a published tally.

    Official action detail

    Source: LegislationDetail.aspx · gridLegislation

    Council ActionCITY COUNCIL

    ADOPTED

    Other recorded action without a published tally.

    Official action detail

    Source: LegislationDetail.aspx · gridLegislation