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Back to search resultsCOMMUNICATION 241019

Transmitting an Ordinance amending the existing Gallery at Market East Tax Increment Financing District, being the area generally bounded by Filbert Street on the north, 8th Street on the east, 11th Street on the west, and Market Street on the south, to remove certain portions of such property generally bounded by Filbert Street on the north, 10th Street on the east, 11th Street on the west, and Market Street on the south from such District, and approving the amended project plan of the Philadelphia Authority for Industrial Development for the redevelopment of the Gallery at Market East Tax Increment Financing District and making certain findings and declarations, all in accordance with the Tax Increment Financing Act, being the Act of July 11, 1990, P.L. 465, No. 113, as amended, and authorizing the Director of Finance and other offices of the City to execute documents and do all things necessary to carry out the intent of this Ordinance.

AI summary

This communication, which was placed on file, transmitted a proposed ordinance concerning the Gallery at Market East Tax Increment Financing District. The proposed ordinance would remove a portion of the district near Filbert, 10th, 11th, and Market Streets and address an amended redevelopment plan for the district; the title also describes proposed actions by the City Finance Director and other City offices to carry out the plan.

File details

Status
PLACED ON FILE
Introduced
October 24, 2024
View official record ↗

Full text

Title

Transmitting an Ordinance a

mending the existing Gallery at Market East Tax Increment Financing District, being the area generally bounded by Filbert Street on the north, 8th Street on the east, 11th Street on the west, and Market Street on the south, to remove certain portions of such property generally bounded by Filbert Street on the north, 10th Street on the east, 11th Street on the west, and Market Street on the south from such District, and approving the amended project plan of the Philadelphia Authority for Industrial Development for the redevelopment of the Gallery at Market East Tax Increment Financing District and making certain findings and declarations, all in accordance with the Tax Increment Financing Act, being the Act of July 11, 1990, P.L. 465, No. 113, as amended, and authorizing the Director of Finance and other offices of the City to execute documents and do all things necessary to carry out the intent of this Ordinance.

End

File history

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  1. Council actionCITY COUNCIL

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