THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 17-1600 of The Philadelphia Code is hereby amended to read as follows:
CHAPTER 17-1600. ECONOMIC OPPORTUNITY PLANS.
§ 17-1601. Definitions.
(1) Covered Project or Contract. Any of the following, so long as the total value of such contract, development project or financial assistance is reasonably anticipated to exceed $250,000 (notwithstanding any other dollar or percentage minimums set forth in any incorporated definition):
(a) Grant of financial assistance, as defined in Section 17-1401.
(b) A Non-Competitively Bid Contract, as defined in Section 17-1401.
(c) A City-Funded Development Project, as defined in Section 17-1101.
(d) A development project or contract that requires an ordinance of Council in order to proceed; or a development project or contract, other than one for the development exclusively of a single family home, that requires a resolution of Council in order to proceed.
(e) A development project or contract that requires an action of the Zoning Board of Adjustment pursuant to section 14-1801(1)(b) through (1)(e), other than a project or contract for the development exclusively of one single family home.
(f) A development project or contract bid pursuant to funds allocated to the City pursuant to the American Recovery and Reinvestment Act and which is reasonably anticipated to cost the City more than $250,000.
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§ 17-1602. Economic Opportunity Plan Required.
No Covered Project or Contract, shall be approved by City Council unless the Covered Project or Contract contains (a) an Economic Opportunity Plan that comports with the provisions of this Chapter; and (b) a commitment by the applicable contractor, developer or recipient of City financial assistance to comply with the terms of such Plan.
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(1.2) Economic Opportunity Plans under this subsection shall be submitted to the President of City Council and the Executive Director of the Office of Economic Opportunity at least five (5) business days prior to the first public hearing by a City Council committee regarding the covered project.
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Explanation:
[Brackets] indicate matter deleted.
Italics
indicate new matter added.
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