PASSED

The enacted ordinance authorized a $750,000 transfer in the Fiscal Year 2005 General Fund from the city’s SEPTA subsidy to the Director of Finance. It also authorized a nine-member panel to administer assistance for businesses and community improvements affected by SEPTA’s Market Street Elevated Reconstruction Project in West Philadelphia.

Authorizing transfers in appropriations for Fiscal Year 2005 within the General Fund from the Department of Public Property-City Subsidy for SEPTA to the Director of Finance, and authorizing the Director of Finance to convene a panel for the purpose of administering funds to distressed businesses and the community affected by the Market Street Elevated Reconstruction Project, all under certain terms and conditions.