Approving the 2015 Progress Report and Strategic Plan Update of the Philadelphia Land Bank.

WHEREAS, Chapter 16-700 of The Philadelphia Code, entitled “Philadelphia Land Bank” (the “Land Bank Ordinance”), requires the Philadelphia Land Bank (“Land Bank”) to develop annually a strategic plan in coordination with the Philadelphia City Planning Commission to guide its acquisition, maintenance and disposition of property; and

WHEREAS, On December 11, 2014, Council adopted Resolution No. 140915 which approved the Land Bank’s 2015 Strategic Plan and Disposition Policy; and

WHEREAS, In accordance with the Land Bank Ordinance the Land Bank issued, and thereafter conducted a public hearing on, its proposed 2015 Progress Report and Strategic Plan Update which, among other things, readopted its 2015 Strategic Plan and proposed updated five-year goals for the acquisition and conveyance of properties; and

WHEREAS, On November 12, 2015, the Land Bank Board of Directors adopted Resolution 2015-25 which approved the 2015 Progress Report and Strategic Plan Update; and

WHEREAS, The Land Bank Ordinance requires Council’s approval by resolution of the Land Bank’s Strategic Plan; now, therefore, be it

RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, AS FOLLOWS:

SECTION 1.

The 2015 Progress Report and Strategic Plan Update, attached as Exhibit A to this Resolution, is approved.

SECTION 2.

Exhibit A referenced in this Resolution and incorporated herein shall be kept on file by the Chief Clerk of City Council and shall be made available to the public for inspection, reading or copying at reasonable times.

End