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Back to search resultsResolution 110885

Amending Resolution No. 110453, approving the annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2012.

AI summary

The adopted resolution amends Philadelphia’s Fiscal Year 2012 budget for spending Neighborhood Transformation Initiative bond proceeds. It transfers $125,000 in Community Development Block Grant funds set aside for property acquisition in the 9th Council District to the Office of Housing and Community Development for other eligible activities in that district.

File details

Status
ADOPTED
Introduced
December 1, 2011
Sponsors
Marian B. TascoWilliam K. GreenleeCSCouncilmember SanchezFJFrank J. DiCiccoW. Wilson Goode, Jr.JLJoan L. KrajewskiJannie L. BlackwellBlondell Reynolds BrownDRDonna Reed MillerDarrell L. ClarkeFRFrank RizzoCurtis Jones, Jr.Brian J. O'NeillAnna Cibotti VernaJKJack Kelly
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Full text

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 2012; and

WHEREAS, Bill No. 010694, as amended by Bill No. 020036 authorizes Council to amend the annual Program Statement and Budget by Resolution; now therefore,

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA,

THAT Section 1 of Resolution No. 110453 is hereby amended, as follows:

Section 1. The annual Program Statement and Budget for the expenditure of the Neighborhood Transformation Initiative (NTI) Bond Proceeds for Fiscal Year 2012, attached hereto as “Exhibit A,” is hereby amended as follows:

* * *

(a)

$125,000 of CDBG funds included in Exhibit A for acquisition in the 9th Council District shall be transferred to the Office of Housing and Community Development to be reprogrammed for CDBG eligible activities in the 9th Council District.

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionCITY COUNCIL

    Introduced and Moved to Be Placed on This Week's Final Passage Calendar - Rules Suspended

    Pass
    Council actionCITY COUNCIL

    Adopted