Approving a new plan, estimated costs and proposed method of assessment of the Manayunk Special Services District for and concerning business improvements and administrative services to the Manayunk business district of the City of Philadelphia.

WHEREAS, The Manayunk Special Services District of Philadelphia (the “MSSD”) was incorporated as a municipal authority under the provisions of the Municipality Authorities Act, act of May 2, 1945 (P.L. 382, No. 164) as amended, (the “Act”) and as authorized by Bill No. 960560-A (approved November 5, 1996); and

WHEREAS, Following its incorporation, the MSSD adopted a five-year plan for business improvements and administrative services to the Manayunk business district, which plan was approved by City Council in Bill No. 970325 (approved July 1, 1997); and

WHEREAS, Bill No. 010605 (approved December 19, 2001) authorized an extension to the term of the MSSD as a municipal authority for ten years through December 31, 2012; and

WHEREAS, Bill No. 020183-A (approved October 2, 2002) approved a new plan and ten year budget for the MSSD through December 31, 2012; and

WHEREAS, Bill No. 120617 (approved December 18, 2012) authorized an extension to the term of the MSSD as a municipal authority for ten ears through December 31, 2022; and

WHEREAS, Bill No. 120618-A (approved December 18, 2012) approved a new plan and ten year budget for the MSSD through December 31, 2022; and

WHEREAS, The MSSD has completed a new Plan and Ten-Year Budget for the Manayunk Special Services District (the “Plan”), comprising a detailed plan for certain business improvements and administrative services to the Manayunk business district through December 31, 2032, together with the estimated costs and the proposed method of assessment and charges therefor; and

WHEREAS, After duly advertised public hearings have been held by the MSSD pursuant to the Act, legally sufficient objections have not been received either from persons representing one-third (1/3) of the properties in the MSSD or from property owners whose property valuation as assessed for taxable purposes amounts to more than one-third (1/3) of the total property valuation of the MSSD; and

WHEREAS, City Council desires to take appropriate action with respect to the Plan; now, therefore

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Plan and Ten-Year Budget for the Manayunk Special Services District (the “Plan”) attached as Exhibit “A” hereto, including the maps and other documents and supporting data which form a part of the Plan, submitted by the Manayunk Special Services District (the “MSSD”), having been duly reviewed and considered, is approved.

SECTION 2. The area to be served by the MSSD is bounded as described in Exhibits “A-1” and “A-2” attached hereto.

SECTION 3. The MSSD is authorized to take such action as may be necessary to carry out the Plan for a period of ten (10) years. City Council authorizes the MSSD to proceed with minor changes in substantial conformity with the Plan. Any major changes must be approved by Ordinance.

SECTION 4. The City resolves to cause the level of security and maintenance services provided by the City to the area served by the MSSD to be established in the future at the same levels as would have been provided in the absence of the services to be provided by the MSSD, unless there shall be a City-wide reduction in services.

SECTION 5. This Ordinance shall take effect immediately.

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